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Law Firm Relocates, Inks Big Lease Deal

December 12, 2021/in Done Deals, News/by SFOBA STAFF

The firm moved from Palmetto Park City Center at 120 E. Palmetto Park Road. CLICK ON THE HEADLINE FOR MORE

Cushman & Wakefield Arranges Nine Office Leases Totaling 57,000 SF At Centrepark

December 5, 2021/in Done Deals, News/by SFOBA STAFF

Anthony Librizzi and Tara England of Cushman & Wakefield represented the landlord, Colonnade Properties, in the lease negotiations.

Law Firm Relocates, Inks Big Lease Deal

December 12, 2021/in Done Deals, News/by SFOBA STAFF

The firm moved from Palmetto Park City Center at 120 E. Palmetto Park Road. CLICK ON THE HEADLINE FOR MORE

Cushman & Wakefield Arranges Nine Office Leases Totaling 57,000 SF At Centrepark

December 5, 2021/in Done Deals, News/by SFOBA STAFF

Anthony Librizzi and Tara England of Cushman & Wakefield represented the landlord, Colonnade Properties, in the lease negotiations.

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Law Firm Relocates, Inks Big Lease Deal

December 12, 2021/in Done Deals, News/by SFOBA STAFF

Law firm Robbins Geller Rudman & Dowd LLP signed on for a 26,429- square-foot office lease at the Mizner Park Office Tower located at 225 NE Mizner Boulevard in Boca Raton.

Newmark Managing Director Jeremy Hakala and Managing Director Clay Sidner represented the tenant in the transaction. The team has worked with Robbins Geller Rudman & Dowd over the past two years, and this marks the first transaction they have completed together. The asset owner, Brookfield Properties, was represented by John Criddle and Joe Freitas of CBRE.

The firm moved from Palmetto Park City Center at 120 E. Palmetto Park Road in Boca Raton.

“After evaluating the firm’s options for several months, we were able to uncover a unique opportunity which included building-top signage on two sides of the Mizner Park Office Tower. The Robbins Geller Rudman & Dowd name will be on display for all of the Mizner area to see,” said Hakala. “We are grateful to have had the opportunity to work with a world-class law firm. We think they will be extremely happy in their new home for a very long time.”

The Mizner Park Office Tower is a seven-story, 167,440-square-foot, Class A office building located in the heart of Mizner Park, a landmark mixed-use development including retail, office, residential and cultural space. The 255,168 square feet of retail space at Mizner Park features luxury cinema iPic Theaters; national retailers such as Lord & Taylor, Tommy Bahama, Sur La Table and Z Gallerie; and popular restaurants Loch Bar, Yard House, Villaggio Restaurant and Ruth’s Chris Steak House. The property offers sweeping views of the ocean and Plaza Real.

According to Newmark Research, the South Florida region felt its first recovery since the impacts from the pandemic began, with over 283,000 square feet of positive net absorption recorded during the third quarter of 2021. This was the first time all three markets in South Florida, along with all three class segments, saw demand outpace supply since the effects from the global shutdown began to surface during the same period one year ago. The Broward County office sector saw leasing activity tick upward during the third quarter of 2021, with 645,000 square feet of leasing activity. Total year-to-date leasing activity in the Broward County office market registered 1.8 million square feet, double the activity seen at the same point in 2020.

Cushman & Wakefield Arranges Nine Office Leases Totaling 57,000 SF At Centrepark

December 5, 2021/in Done Deals, News/by SFOBA STAFF

Cushman & Wakefield has arranged eight leases totaling 57,072 square feet at Centrepark, a five-building office park totaling 304,107 square feet located in West Palm Beach.

Anthony Librizzi and Tara England of Cushman & Wakefield represented the landlord, Colonnade Properties, in the lease negotiations. The leases include:

A new 17,876-square-foot lease with CEMEX at 1720 Centrepark Drive
A new 8,234-square-foot lease with Off Lease Only at 1450 Centrepark Drive
A new 7,169-square-foot lease with Tampa General Health at 1450 Centrepark Drive
A new 3,411-square-foot lease with Innovative Tax Relief at 1450 Centrepark Drive
A new 2,512-square-foot lease with Perlet & Shiner at 1475 Centrepark Drive
A 3,468-square-foot lease expansion with Pulte Group at 1475 Centrepark Drive
A 2,761-square-foot lease expansion with NVR at 1450 Centrepark Drive
An 11,582-square-foot lease renewal with Leo Daly at 1400 Centrepark Drive

“This leasing velocity and deal volume at a single project in such a short time frame is unprecedented,” Librizzi said. “Centrepark checks all the boxes for companies looking for a central West Palm Beach presence – prime location, institutional quality assets, best-in-class ownership/management and excellent value.”

The campus is located immediately west of the West Palm Beach CBD and directly north of Palm Beach International Airport. Amenities include garage and surface parking, Nature’s Way Café and a fitness center.

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Law Firm Relocates, Inks Big Lease Deal

Cushman & Wakefield Arranges Nine Office Leases Totaling 57,000 SF At Centrepark

Law Firm Relocates, Inks Big Lease Deal

Cushman & Wakefield Arranges Nine Office Leases Totaling 57,000 SF At Centrepark

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Law Firm Relocates, Inks Big Lease Deal

Cushman & Wakefield Arranges Nine Office Leases Totaling 57,000 SF At Centrepark

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