The travel technology company will relocate its headquarters from Downtown West Palm Beach.
At 10 stories, the landmark 263,000-square-foot, Class A building visually dominates the city’s central commercial district, which spans along University Drive just south of Sample Road.
Alms Health had occupied the office for nearly a decade.
The building sold for $15.3 million.
The first phase of the development will feature 180,000 square feet of creative office space in the East Building.
Located at 1800 E. Hallandale Beach Blvd. on a 14-acre plot, the tower will offer 235,664 square feet of office space, 10,862 square feet of retail, and 885 parking spaces.
This development targets South Florida’s many smaller businesses, which often seek compact office spaces.
Lone Star Funds announced that an affiliate of Lone Star Real Estate Fund VII, L.P., along with an affiliate of Highline Real Estate Capital LLC and Square2 Capital LLC, acquired the asset, marking the most significant office acquisition in ...
The judgment includes unpaid rent, late fees and legal fees.
Christopher Dubberly and Jacob Sanchez with CBRE’s South Florida Healthcare team in Fort Lauderdale are leasing the property on behalf of the owner, Chicago-based Remedy Medical Properties.
