Blog Elements

Half Sized Blog Element (Single Author Style)

Half Sized Blog Element (Multi Author Style)

Savills Brokers 35K SF Lease In West Palm For Fintech Firm

July 20, 2025/in Done Deals, News/by SFOBA STAFF

Savills Managing Director Michael Wernick, along with Senior Managing Directors Lawrence Epstein and David Browne, represented the tenant in the transaction.

Newmark To Spearhead Office Leasing At One Park Place

July 13, 2025/in News/by SFOBA STAFF

The Newmark team, led by Senior Managing Director Jeremy Hakala and including Managing Director Matt Himmelsbach and Director Brandon Shores, will lead leasing efforts on behalf of ownership.

Savills Brokers 35K SF Lease In West Palm For Fintech Firm

July 20, 2025/in Done Deals, News/by SFOBA STAFF

Savills Managing Director Michael Wernick, along with Senior Managing Directors Lawrence Epstein and David Browne, represented the tenant in the transaction.

Newmark To Spearhead Office Leasing At One Park Place

July 13, 2025/in News/by SFOBA STAFF

The Newmark team, led by Senior Managing Director Jeremy Hakala and including Managing Director Matt Himmelsbach and Director Brandon Shores, will lead leasing efforts on behalf of ownership.

Full Sized Blog Element (Big Preview Pic)

Savills Brokers 35K SF Lease In West Palm For Fintech Firm

July 20, 2025/in Done Deals, News/by SFOBA STAFF

Savills has successfully brokered a 35,000-square-foot office lease transaction at The Press Building, located at 2751 S. Dixie Highway in West Palm Beach, on behalf of MyBambu, a leading neobank fintech innovator.

The company’s new lease marks a substantial expansion of its South Florida footprint. This move also marks a significant milestone for both the fast-growing financial platform and the ongoing commercial development of West Palm Beach’s urban district. Savills Managing Director Michael Wernick, along with Senior Managing Directors Lawrence Epstein and David Browne, represented MyBambu in the transaction.

“This transaction is a strong endorsement for West Palm Beach’s commercial trajectory,” said Wernick. “We’re seeing sustained demand for premium-Class A workspace in the area, with The Press Building blending historic character and modern amenities in a prime location. MyBambu’s move underscores the market’s position as a rising hub attracting fintech and financial firms seeking quality, flexible office space.”

Founded with a mission to promote financial inclusion among underserved Latinos, MyBambu is a digital financial services platform offering a broad range of accessible, tech-driven tools tailored to meet the international financial needs of users. In addition to a bank account and a linked Visa® debit card, the mobile banking app facilitates money transfers to 18 Latin American countries, as well as domestic and peer-to-peer payments within these countries. It offers account features such as cash deposits at over 120,000 locations, no-cost cash deposits at selected ATMs, direct deposit and card spending. Additional services include credit-building “buy now, pay later” options, mobile recharges, gift cards, home supply deliveries to Cuba and Venezuela, as well as 24/7 telehealth and insurance benefits. With this new location, MyBambu is well-positioned to scale its operations in tandem with South Florida’s rapidly diversifying economy.

“The Press Building offers a unique combination of heritage and innovation highly valued by our team,” said Doug Quay, Founder and CEO of MyBambu. “As a reimagined landmark with open floor plates, high-end finishes, and integrated amenities, this space aligns perfectly with our brand’s vision and supports our continued growth while ideally positioning us in the heart of West Palm Beach’s vibrant ecosystem. This will enable us to further attract and retain top talent while scaling our platform and supporting our rapidly expanding customer base.”

The Press Building, a reimagined historic landmark, offers a blend of architectural character and cutting-edge office design. Originally home to The Palm Beach Post, the building has undergone a modern transformation, integrating flexible floor plans with high-end finishes and tenant-focused amenities. Its prominent location along South Dixie Highway also ensures exceptional visibility and connectivity to Downtown West Palm Beach, Palm Beach Island, and the broader South Florida region. Surrounded by upscale residential developments, curated retail, and an evolving culinary scene, The Press Building continues to anchor West Palm Beach’s emergence as a thriving live-work-play destination.

Newmark To Spearhead Office Leasing At One Park Place

July 13, 2025/in News/by SFOBA STAFF

Newmark has been retained as the exclusive leasing agent for One Park Place, a 237,331-square-foot office complex in Boca Raton.

The assignment follows the asset’s recent acquisition by Ontario-based investment firm AXIA GeoCapital, its first acquisition in Boca Raton. The Newmark team, led by Senior Managing Director Jeremy Hakala and including Managing Director Matt Himmelsbach and Director Brandon Shores, will lead leasing efforts on behalf of ownership.

“The market understands One Park Place has immense potential and we’re excited to be involved in its transformation,” said Hakala. “We welcomed this assignment based on our belief in AXIA GeoCapital and its vision for the property, which we feel aligns perfectly with the growing demand in Boca Raton.”

AXIA GeoCapital – the first new ownership at the property in 35 years – is implementing a full-scale repositioning of One Park Place, fueled by a $10 million capital investment aimed to realize its vision for a world-class office destination. Architectural firm HdA will design the project, which includes a remodeled façade, new drive port and entrance and 30,000 square feet of new amenities on the ground floor. The reinvestment signals a commitment to redefining the property’s identity, elevating both its physical environment and its role within the region’s evolving business landscape.

“One Park Place represents more than a milestone for our firm—it’s an opportunity to help shape the future of the live-work-play concept in Boca Raton,” said Nickolas Georghiades, Founder and Principal of AXIA GeoCapital. “This marks a turning point, and with meaningful capital and Newmark’s expertise, we’re committed to a thoughtful transformation that redefines its place in the market.”

Located at 621 Northwest 53rd Street, One Park Place comprises a seven-story office tower and an adjacent five-story parking facility at 601 Northwest 53rd Street, situated within the Park at Broken Sound development and offering immediate access to I-95, premier residential communities and retail destinations. The building features high-quality infrastructure, expansive floorplates and new planned onsite amenities including a professionally designed lobby, café, golf simulators, business theater, modern conference facilities and a furnished executive suite center.

Half Sized Blog Element (Single Author Style)

Half Sized Blog Element (Multi Author Style)

Savills Brokers 35K SF Lease In West Palm For Fintech Firm

Newmark To Spearhead Office Leasing At One Park Place

Savills Brokers 35K SF Lease In West Palm For Fintech Firm

Newmark To Spearhead Office Leasing At One Park Place

Full Sized Blog Element (Big Preview Pic)

Savills Brokers 35K SF Lease In West Palm For Fintech Firm

Newmark To Spearhead Office Leasing At One Park Place

Subscribe!

Contact Us

Contact Us

Subscribe!