The company is slated to take occupancy this month.
Formerly of Marcus and Millichap, the pair has been chosen to lead the newly formed ‘ROI Partners’ (Retail, Office, and Industrial) at SVNCP.
Alchemy-ABR Investment Partners, a fully integrated New York-based real estate investment firm- together with its joint venture partner, Breakers Capital Partners, a Miami based real estate investment firm-announced that DePuy Synthes Product, Inc., signed a 9,481-square-foot lease at 4400 Northcorp Parkway in Palm Beach Gardens.
DePuy Synthes Product, Inc., a Johnson & Johnson company, and a leading global provider of orthopedics products, is expanding its presence in South Florida and will occupy the build-to-suit space on the 2nd floor of the office building. DePuy Synthes Product, Inc. is slated to take occupancy in September 2021.
“4400 Northcorp Parkway is an ideal office setting for the most competitive industries and organizations and this lease is indicative of the strength of South Florida’s overall office leasing market,” said Brian Ray, Co-Founder and Managing Partner of Alchemy-ABR Investment Partners. “We’re committed to our tenants and are looking forward to welcoming DePuy Synthes Product, Inc. to 4400 Northcorp Parkway.”
4400 Northcorp Parkway is part of the larger office park, 4200-4400 Northcorp Parkway, that consists of two Class-A office buildings totaling 115,000 square feet. Completed in 1996, 4200-4400 Northcorp Parkway features extensive capital improvements including renovated, premium office fit-outs, contemporary base building lobby and common areas, as well as modern mechanical and roofing systems.
Alchemy-ABR Investment Partners and Breakers Capital purchased 4200-4400 Northcorp Parkway in 2016 and is currently renovating the lobby space of the 4200 Northcorp office building.
Alchemy-ABR Investment Partners was represented by Gavin Loughlin of Greenberg Traurig and Anthony Librizzi of Cushman & Wakefield in the transaction. DePuy Synthes Product, Inc. was represented by CBRE.
Two highly experienced commercial real estate advisors, Elon Gerberg and Adam Klein, have joined Boca Raton-based SVN Commercial Partners (SVNCP).
Gerberg and Klein bring over $1 billion in career investment property sales to the growing SVNCP South Florida office In the past twelve months, they have closed a number of record-setting transactions in each of their respective asset classes. Gerberg and Klein, formerly of Marcus and Millichap, have been chosen to lead the newly formed ‘ROI Partners’ (Retail, Office, and Industrial) at SVNCP.
“Due to their collaborative nature and track record, we are excited to welcome Elon and Adam into SVN,” said Managing Director Scott Maesel. “We fully expect these two, with the combination of their local knowledge and our national reach, to build dominant teams in the South Florida market.”
The pair will serve as Team Leaders for the ‘ROI Partners’ and will focus on growing their practice in the mid-market brokerage space.
Klein stated, “We look forward to providing a comprehensive suite of offerings and technology to our clients.”
The team’s growth will be led by established SVN managing directors Ashley Bloom and Scott Maesel, both with over a decade of proven track records at SVN in their existing offices in Sarasota, Fort Myers, Port Charlotte, Chicago, and Denver.
“We’re excited to be a part of the rapid growth of SVN Commercial Partner’s in the State of Florida led by two well-established SVN veterans,” Gerberg commented.
The SFOBA is a network of Professional Office Leasing Brokers in South Florida. Membership is by invitation only – landlord and tenant representatives are included.
Email: admin@sfoba.com
Email: admin@sfoba.com
Johnson & Johnson Company Inks 9,000 SF Office Lease In Palm Beach Gardens
/in Done Deals, News/by SFOBA STAFFThe company is slated to take occupancy this month.
Marcus & Millichap Alums Join SVN Commercial Partners In Boca
/in News/by SFOBA STAFFFormerly of Marcus and Millichap, the pair has been chosen to lead the newly formed ‘ROI Partners’ (Retail, Office, and Industrial) at SVNCP.