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100 Southeast 1st Avenue
LEASED

DigitalBridge HQ Moves To Sundy Village In Delray Beach, 79,141 SF Deal

100 Southeast 1st Avenue

Office
79,141 SF
clock iconLeased 32 days ago
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Summary

Lease
FLORIDA
Office
79,141 sqft

The office property located at 100 Southeast 1st Avenue in Delray Beach, Florida, spans 79,141 square feet. The space was leased by tenant Marc Ganzi of DigitalBridge, relocating their headquarters from Boca Raton. The lease was facilitated by landlord Todd Rosenberg of Pebb Capital. The office is part of the Sundy Village development, a $240 million project that will feature amenities such as covered walkways and terraces. The move will accommodate over 300 DigitalBridge employees and aligns with the company's focus on digital infrastructure investments.

Summary of transation details:

  • Property Type: Office
  • Transaction Amount: Not provided
  • Market: Delray Beach
  • Landlord: Todd Rosenberg - Pebb Capital
  • Tenant: Marc Ganzi - DigitalBridge
  • Size: 79,141 square feet
  • Address: 100 Southeast 1st Avenue, Delray Beach

DigitalBridge's move to Sundy Village signifies a strategic decision to enhance its operations by selecting a space designed to support its growing team in a premier location. Marc Ganzi's choice to relocate the company's headquarters signals a commitment to a new phase of growth and prosperity within the digital infrastructure sector. Todd Rosenberg, representing Pebb Capital in the deal, played a crucial role in facilitating the relocation of DigitalBridge, showcasing the importance of collaboration between landlords and tenants in the commercial real estate market.

Details

Deal Summary
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LEASED
IMAGE: 03/27/2024 ADDRESS: 100 Southeast 1st Avenue MARKET: Delray Beach ASSET TYPE: Office ~ SF: 79,141 LANDLORD: Todd Rosenberg - Pebb Capital TENANT: Marc Ganzi - DigitalBridge NOTE: DigitalBridge moves its headquarters to Sundy Village in Delray Beach, Florida, signing a 79,141-square-foot deal within the $240 million development by Pebb Capital, relocating from Boca Raton. The new office, 9 miles away, will accommodate over 300 employees and features amenities such as covered walkways and terraces, reflecting DigitalBridge's focus on digital infrastructure investments with $80 billion assets under management. The first phase of the project is scheduled for completion in Q3 of 2024, though the DigitalBridge building won’t be completed until Q4 of 2025.

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Address100 Southeast 1st Avenue

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