Berger Commercial Realty/Corfac International brokers Vice President Brian Batchelder and Senior Vice President Joseph P. Byrnes have successfully concluded a lease agreement on behalf of Woolbright Properties & Investments, LLC and Congress Properties & Investments, LLC, resulting in 100% occupancy of the three-building, four-story Class B office portfolio in Boynton Beach.
The finalization of the 3-year lease agreement with Nurse One Home Health, LLC stands as a pivotal moment, leaving the entire three-building portfolio with zero vacancy. This accomplishment underscores the portfolio’s status as highly desirable to medical and office tenants.
In a market where CoStar data signals a current 15.6% vacancy rate, their success stands out as a testament to their strategic leasing efforts and market knowledge. This is particularly significant considering the challenging market conditions, highlighting their ability to outperform and excel.
“The office projects are strategically located in the central business district of Boynton Beach, facilitating the attraction of tenants from the West Palm Beach and Boca Raton submarkets. Through dedicated effort and perseverance, we successfully achieved full occupancy for both buildings”, said Batchelder.
2240 W Woolbright
The highlighted office buildings include a 77,000-square-foot structure located at 2240 W Woolbright Road, established in 1985, and two adjacent buildings at 1901 and 1903 South Congress Avenue, constructed in 1983 and 1985, respectively, with a combined space of 106,000 square feet.
Positioned strategically in close proximity to major transportation arteries such as US-1, I-95, and Florida’s Turnpike, these coveted office spaces offer unparalleled convenience to tenants. Moreover, the prime location facilitates easy access to a diverse range of amenities, including various restaurants, banking facilities, and multiple shopping centers.
