Bo Paty Inks 14,000 EcoPlex Deal

Written by on October 13, 2011 in Done Deals - No comments

Florida Public Utilities Company (FPU), a subsidiary of Chesapeake Utilities Corporation (NYSE: CPK),   will relocate its West Palm Beach headquarters office to EcoPlex® at Centrepark West, 1641 Worthington Road, West Palm Beach, FL. FPU has leased 13,924 square feet for a term of five years.  Kris Hustad and Susan Thomas of Touchstone Webb Realty Company represented the tenant and Bo Paty of Navarro Lowrey Properties, Inc. represented the owner in the transaction.   EcoPlex is the first speculative office building in West Palm Beach, and only the second in South Florida, to achieve a LEED® Gold certification from the U.S. Green Building Council (USGBC). Located in the Centrepark Office District, the four-story, 100,000 square foot office building with adjacent garage is the first Class “A”, multi-tenanted “green” office building of its kind inPalm Beach County.

“As we considered options to move ourWest Palm Beachoffice, we were excited to discover the EcoPlex building” said Jeff Householder, FPU’s President. “The building is close to our current downtown facility, which was an important factor. FPU has been providing gas service inWest Palm Beachsince 1924. We have a strong commitment to this community and wanted to relocate in close proximity to downtown. In addition to location, EcoPlex offers us state-of-the-art building technology, with the hurricane-resistant features and emergency power systems that are critical to meeting our customer’s needs during a storm. The energy-saving design and high performance systems (LEED Gold certified) are also in keeping with our interest in promoting clean, efficient energy. As great added features, our employees will have access to a state-of-the-art fitness facility and covered parking.” said Householder.

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