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Morgan & Morgan Leases Office Space In West Palm Beach For Long-Term

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LEASED
$22

Florida

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Office9,648 SF
Leased 02/17/2022
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LEASED

Morgan & Morgan Leases Office Space In West Palm Beach For Long-Term

1700 Palm Beach Lakes Boulevard, West Palm Beach, Florida 33401, United States

See Similar Deals
Office9,648 SF
Leased 02/17/2022
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Summary

FLORIDA
Asset Type:Office
Price Per Square Foot:$22
Total Square Footage:9,648 SF
Transaction Type:Lease

Office space located at 1700 Palm Beach Lakes Boulevard in West Palm Beach has been leased by Morgan & Morgan. The lease was facilitated by Kevin Shapiro of Chancellor Property Group, representing the tenant, and Anthony Librizzi & Tarra England of Cushman and Wakefield, representing the landlord, Capstone Realty Group. The long-term lease agreement was finalized on February 17, 2022.

Summary of transaction details:

  • Property Type: Office
  • Transaction Date: 02/17/2022
  • Address: 1700 Palm Beach Lakes Boulevard
  • Market: West Palm Beach
  • Landlord: Capstone Realty Group
  • Tenant: Morgan & Morgan
  • Asking Rent: $22.50 per square foot
  • Area: 9,648 square feet
  • Landlord's Representative: Anthony Librizzi & Tarra England - Cushman and Wakefield
  • Tenant's Representative: Kevin Shapiro - Chancellor Property Group

The lease agreement for the office space was successfully negotiated, with Morgan & Morgan represented by Kevin Shapiro of Chancellor Property Group and the landlord, Capstone Realty Group, represented by Anthony Librizzi & Tarra England of Cushman and Wakefield.

Players

Anthony Librizzi
7 deals$15M volume(561) 227-2070
BROKER

Tarra England
Cushman & Wakefield
3 deals
BROKER

Kevin Shapiro
2 deals
BROKER

LANDLORD

Details

LEASED
IMAGE: Kevin Shapiro, Anthony Librizzi & Tarra England DATE: 02/17/2022 ADDRESS: 1700 Palm Beach Lakes Boulevard MARKET: West Palm Beach ASSET TYPE: Office LANDLORD: Capstone Realty Group TENANT: Morgan & Morgan LANDLORD'S REP: Anthony Librizzi & Tarra England - Cushman and Wakefield TENANT'S REP: Kevin Shapiro - Chancellor Property Group ASKING RENT: $22.50/ft. ~ SF: 9,648 LEASE TERMS: long-term

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Deal Type
Effective Rent (Annual)

$248,857.89

Total Lease Value

$2,488,578.92

Net Landlord Cash Flow$248,857.89