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SITUATION
- Intech was occupying 50,000 square feet in Palm Beach.
- The building traded multiple times and the landlord was looking to increase rent.
STRATEGY
- Identify options in the CBD where they can maximize their operational efficiencies and lower their real estate costs.
RESULTS
- Identified contiguous floors in a CBD building
- Opportunity to reduce footprint by 50% with ample room to maintain current headcount and accomodate future growth.
- Below market rental rate and favorable terms and generous concessions package secured.
Healthcare Realty South Florida Portfolio
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PLANTATION OFFICE BUILDING GAINS FOUR NEW TENANTS
/in In the news /by Geraldine GonzalezMEDIA CONTACT: Levy Public Relations Full Article Companies involved with energy, money, tech and tourism have secured space in an eight-story office building in Plantation. The new leases amount to […]
BLANCA CRE DRIVES OVER 56,000 SF OF LEASE ACTIVITY AT ROYAL PALM OFFICE PARK
/in In the news /by Geraldine GonzalezMEDIA CONTACT: Levy Public Relations Full Article Blanca Commercial Real Estate, Inc. announced new leases and renewals totaling 56,100 square feet at Royal Palm Office Park in Plantation. The activity […]