Valley National Bank has signed a 10-year lease for an office space located at 1700 Palm Beach Lakes Boulevard in West Palm Beach. The property, spanning 18,842 square feet, is owned by Capstone Realty Group. The rental rate for the space was negotiated at $22.50 per square foot.

Summary of transaction details

• Property Type: Office
• Transaction Date: February 17, 2022
• Address: 1700 Palm Beach Lakes Boulevard, West Palm Beach
• Market: West Palm Beach
• Asking Rent: $22.50 per square foot
• Square Footage: 18,842

The lease transaction was facilitated by the respective representatives involved. Anthony Librizzi and Tarra England from Cushman & Wakefield represented Capstone Realty Group as the landlord's representatives. Barbara Liberatore Black and Iker Belauste from JLL represented Valley National Bank as the tenant's representatives.