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Wells Fargo Leases 50K SF Office Space From Related Ross In West Palm Beach For New Headquarters

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LEASED
Stephen Ross
Charles W. Scharf

Florida

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Office50,000 SF
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LEASED

Wells Fargo Leases 50K SF Office Space From Related Ross In West Palm Beach For New Headquarters

180 Lakeview Avenue

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Office50,000 SF
Leased
Stephen Ross
Charles W. Scharf
the dealplayerscompscontact
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Summary

FLORIDA
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:50000 SF
Transaction Type:Lease

The property asset involved in the transaction is an office space situated at 180 Lakeview Avenue in West Palm Beach. It encompasses a total square footage of 50,000. The property is part of a 25-story building known as One Flagler, which has attained 100% occupancy following this lease agreement.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not specified
  • Address: 180 Lakeview Avenue
  • Market: West Palm Beach
  • Landlord: Stephen Ross - Related Ross
  • Tenant: Charles W. Scharf - Wells Fargo
  • Lease Size: 50,000 SF
  • Completion Date: 01/20/2026

Charles W. Scharf, representing Wells Fargo, has signed the lease for the new headquarters of its wealth-management business. The relocation involves moving approximately 100 employees by the end of 2026, demonstrating a long-term commitment to growth in South Florida. The agreement reflects Wells Fargo's plans for further hiring and potential expansion in the region.

Details

LEASED
IMAGE: Charles W. Scharf & Stephen Ross DATE: 01/20/2026 ADDRESS: 180 Lakeview Avenue MARKET: West Palm Beach ASSET TYPE: Office ~ SF: 50,000 LANDLORD: Stephen Ross - Related Ross (@RelatedRoss) TENANT: Charles W. Scharf (@Charles_w.Scharf) - Wells Fargo (@WellsFargo) NOTE: Wells Fargo signed a 50K SF lease at One Flagler in West Palm Beach for a new headquarters for its wealth-management business, bringing the 25-story building to 100% occupancy. The move relocates about 100 employees by the end of 2026 and signals long-term confidence in South Florida’s growth, with Wells Fargo planning further hiring and potential expansion in the area.

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Deal Type
Effective Rent (Annual)

$2,865,969.83

Total Lease Value

$28,659,698.28

Net Landlord Cash Flow$2,865,969.83