Two-Building Office Complex Coming To Palm Beach

Construction and preleasing have started at the Gardens Innovation Center, a two-building office complex in Palm Beach Gardens.
The 37,500- and 25,000-square-foot buildings are going up along Hiatt Drive at Northlake Boulevard, and are expected to be complete by late in the first quarter of 2017, said Jason Sundook, of NAI/Merin Hunter Codman. The commercial real estate firm is handling the leasing for the developer, Ken Kahn.
 

“He sees a need for high-quality but lower-cost office space in Palm Beach Gardens,” Sundook said.

Rents will be about $20 a square foot, not including expenses such as taxes and insurance, Sundook said. Palm Beach Gardens office rents near The Gardens Mall are about $30 a square foot, he said.
Sundook said tenants at Gardens Innovation Center likely will include high-tech, aerospace and architecture firms.
 
Source:  SunSentinel

 

————————-

Get the latest industry news and information from CRE-sources delivered right to your email inbox! And we promise…no more than one email each morning. Just follow the instructions below.

Enter your email address:


 

Share and Enjoy:
  • email
  • Facebook
  • LinkedIn
  • Twitter
 

-------------------------

Get the latest industry news and information from CRE-sources delivered right to your email inbox!

And we promise…no more than one email each morning.

 

CLICK HERE TO SUBSCRIBE TODAY!

 
0 replies

Leave a Reply

Want to join the discussion?
Feel free to contribute!

Leave a Reply

Your email address will not be published.