The purchaser will occupy 30,000 square feet, decreasing overall vacancy in North Palm Beach from 30% to 22%. CLICK ON THE HEADLINE FOR MORE
Just two weeks after joining McCraney Property Company as Vp of Leasing, Darcie Lunsford returns to Butters. CLICK ON THE HEADLINE FOR MORE
Tom Burst, Director of Sales and Leasing with KRES Commercial, has completed a transaction for the purchase of a 50,000 SF office building, located at 701 US Highway One in North Palm Beach, for $5.2 million.
The purchaser, Document Storage Systems, Inc. (DSS, Inc.), represented by Burst, is a Health Information Technologies, software development and systems integration company. DSS, Inc. will occupy a total of 30,000 square feet.
This transaction has made a significant impact on the North Palm Beach submarket, representing roughly 8% of the vacant space available. The overall vacancy rate in North Palm Beach will decrease from 30% to 22%, making it a real game-changer for this market.
This purchase is in addition to the 20,000 SF building DSS, Inc. already owns and utilizes as their headquarters in Juno Beach. Tom Burst also represented DSS, Inc. in the purchase of their Juno Beach headquarters 9 years ago.
Just two weeks after joining McCraney Property Company (MPC) as Vice President of Leasing, Darcie Lunsford has made an abrupt exit and returned to Butters, where she previously served as Director of Business Development and Marketing with Butters Group since April, 2011.
Prior to her career in commercial real estate, Lunsford spent more than two decades as a print and broadcast journalist; the last 14 she covered the commercial real estate and the economy both as a reporter and editor for the South Florida Business Journal, and Daily Business Review.
North Palm Beach Office Building Trades For $5.2 Million
/in Done Deals, News/by SFOBA STAFFThe purchaser will occupy 30,000 square feet, decreasing overall vacancy in North Palm Beach from 30% to 22%. CLICK ON THE HEADLINE FOR MORE
One For The “Dang, That Was Quick” Files
/in News/by SFOBA STAFFJust two weeks after joining McCraney Property Company as Vp of Leasing, Darcie Lunsford returns to Butters. CLICK ON THE HEADLINE FOR MORE