Dycom Industries Leases 40,000 SF Office Space In West Palm Beach

The office property at 300 Banyan Boulevard in West Palm Beach has been leased by Dycom Industries for its headquarters relocation. The property, developed by Brand Atlantic Real Estate Partners and Wheelock Street Capital, offers 120,000 square feet of office space across six floors, along with three floors of parking. Dycom Industries will occupy the top two floors of the 12-story building, leasing 40,000 square feet at an asking rent of $110 per square foot, bringing the building to 50 percent pre-leased.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: Not specified
• Address: 300 Banyan Boulevard
• Market: West Palm Beach
• Tenant: Dycom Industries
• Landlord: Andrew Dance - Brand Atlantic Real Estate Partners; Rick Kleeman - Wheelock Street Capital
• Landlord's Rep: Anthony Librizzi - Cushman & Wakefield
• Tenant's Rep: Derek Baker - Colliers International
• Asking Rent: $110/ft.
• Square Footage: 40,000

The deal was brokered by Anthony Librizzi from Cushman & Wakefield representing the landlord, and Derek Baker from Colliers International representing the tenant, Dycom Industries. Andrew Dance from Brand Atlantic Real Estate Partners and Rick Kleeman from Wheelock Street Capital were the landlords involved in the lease agreement.