Citizens Private Bank Expands West Palm Beach Presence As Wealth Firms Continue To Target Downtown
Cushman & Wakefield represented the bank, while Tower Commercial Real Estate represented the landlord.
Cushman & Wakefield represented the bank, while Tower Commercial Real Estate represented the landlord.
Office sales volume in Broward jumped 93 percent to nearly $651.5 million.
Fort Lauderdale Leads South Florida’s 2025 Office Investment Growth Read Post »
According to local brokers, asking rents in excess of $100 per square foot are prompting more companies to explore suburban alternatives. That shift is helping spark new office construction outside the urban core.
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Vacancies stayed in the mid-teens across the board.
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Call it prime, trophy, and Class-A+, such offices have outperformed other classes and there isn’t going to be enough to meet future demand.
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Now for the 700,000-square-foot question: Will that demand, combined with a continued inflow of out-of-state companies and workers, be enough to fill all the new office space going up in Downtown West Palm Beach?
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