CBRE has arranged a new office lease at 180 Royal Palm Way in Palm Beach Island, on behalf of The Agency, a global real estate brokerage.

The Palm Beach office is led by Principal of The Agency, Santiago Arana, and The Agency’s Founder and CEO, Mauricio Umansky, alongside Brian Fairweather Jr. as Managing Director and Howard Elfman as Managing Broker.

This office will serve as The Agency’s permanent office in Palm Beach, replacing a temporary office used at the time of launch in Q1 of this year. In addition to this new office and their current South Florida offices in Miami’s Bal Harbour neighborhood and Naples, The Agency Palm Beach currently has approximately a dozen agents and staff with plans to strategically grow their new office with like-minded agents in the region. They will occupy space on the second floor in May.

“Our expansion in Palm Beach is an exciting chapter for The Agency as we continue to grow our presence in South Florida and across the globe,” said Arana, Managing Partner of The Agency Palm Beach and Miami.

“I am honored to be leading The Agency Palm Beach alongside Mauricio, Santiago and Howard as we continue to showcase the power of The Agency brand throughout this highly sought after region,” added Fairweather Jr.

Max Pawk with CBRE represented The Agency in lease negotiations. The landlord is Frisbie Group, LLC.

“As one of the fastest-growing premier, boutique brands in the world, it was important for The Agency to find a location where they can tap into the highly affluent Palm Beach Island community as they continue growing their business across South Florida,” said Pawk.

Located steps from the ocean, this property has prime access to notable restaurants and retailers nearby, including The Breakers Hotel, Buccan Restaurant, and La Goulue Restaurant.