Greenberg Traurig has committed to approximately 25,000 square feet at 15 CityPlace, the office tower Related Ross is developing in downtown West Palm Beach. The law firm will occupy a full floor under a 10-year lease designed to accommodate about 80 attorneys and professional staff.
The move will end Greenberg Traurig’s four-decade presence at Phillips Point, another Related Ross property. Although the new office is smaller than the firm’s current 30,000-square-foot location, it is being configured to support future expansion.
Scheduled for completion in 2027, the 490,000-square-foot 15 CityPlace tower will also include a 120,000-square-foot Cleveland Clinic outpatient facility. Related Ross is developing the building alongside 10 CityPlace after securing a $772 million construction financing package led by Ares Real Estate, Monarch Alternative Capital and HPS Investment Partners.
Phillips Point, meanwhile, continues to attract tenants as Related Ross carries out a $120 million renovation program that includes updated lobbies, landscaping and additional retail and dining options. Investment bank Solomon Partners has leased 4,200 square feet at the complex, while financial data and analytics company MSCI is establishing its first South Florida office in a 7,500-square-foot space.
Source: Bisnow
