Cushman & Wakefield represented the bank, while Tower Commercial Real Estate represented the landlord.
Avison Young brokers Justin Cope, Greg Martin and Lisa Blumer have been retained to market the five-story building.
Butters and PEBB plan to enhance the buildings through strategic upgrades and repositioning efforts designed to attract new tenants and elevate the ov ...
In a region where capital relationships matter, the bank’s expansion signals that West Palm Beach is no longer just benefiting from spillover growth ...
The master-planned development will also include 401 multifamily residences, approximately 426,764 square feet of essential and service-oriented retail, and a 125-key lifestyle hotel.
The expansion would bring the property to 162,537 square feet.
The purchase incudes two office buildings totaling nearly 206,000 square feet, along with a 2.13-acre vacant parcel.
Office sales volume in Broward jumped 93 percent to nearly $651.5 million.
The 8-story tower features 25,000-square-foot floorplates, a 10,000-square-foot fine-dining restaurant, and an exclusive tenant-only rooftop patio.
CBRE’s John Criddle, Joe Freitas and Max Pawk will serve as exclusive leasing agents.