The site currently has a 42,992-square-foot office built in 1990 and a 67,350-square-foot office constructed in 1998.
The activity includes three new leases and two renewals from tenants spanning healthcare, tech, and education sectors.
The master-planned project is poised to transform western Broward County.
Sundy Village has now delivered 100,000 square feet of Class A+ office space and 30,000 square feet of retail and dining.
Gordon Messinger with CBRE represented the landlord, MG3 Group, a Florida-based real estate investment and development company, in lease negotiations.
The transaction equated to one of the highest sales per square foot for an office building in the West Palm Beach Central Business District submarket within the last year.
Senior Vice President Steve Hyatt of Berger Commercial Realty represented the seller in the transaction.
The eight-story building, designed by Synalovski Romanik Saye, would feature nearly 120,000 square feet of office space, 14,500 square feet of retail, and 400 parking spaces, along with a sixth-floor amenity deck.
Approximately 75 employees report to the South Florida headquarters.
Donna Korn and Beau Ladwig will lead leasing efforts for the South Florida class A office building near Fort Lauderdale Executive Airport.
