Janney Montgomery Scott & Cummings & Lockwood Lease Office Space In Palm Beach Gardens
LEASED
Florida
See Similar DealsOffice11,331 SF
Leased 03/18/2021
LEASED
Janney Montgomery Scott & Cummings & Lockwood Lease Office Space In Palm Beach Gardens
3300 PGA Boulevard, Palm Beach Gardens, FL, USA
See Similar DealsOffice11,331 SF
Leased 03/18/2021
Summary
FLORIDA
Asset Type:Office
Total Square Footage:11,331 SF
Transaction Type:Lease
The office property located at 3300 PGA Boulevard and 11760 U.S. Hwy 1 North in Palm Beach Gardens has been leased. The tenant, Janney Montgomery Scott & Cummings & Lockwood, will occupy a space measuring 11,331 square feet. The lease term is for a period of 10 years. The asking rent for this transaction was $29 per square foot.
Summary of transaction details
- Property Type: Office
- Transaction Amount: N/A
- Address: 3300 PGA Boulevard & 11760 U.S. Hwy 1 North, Palm Beach Gardens
- Market: Palm Beach Gardens
- Tenant: Janney Montgomery Scott & Cummings & Lockwood
- Landlord's Representative: Tara England & Anthony Librizzi - Cushman & Wakefield & Cameron Tallon - JLL
- Asking Rent: $29 per square foot
- Square Footage: 11,331
- Lease Term: 10 years
Tara England and Anthony Librizzi from Cushman & Wakefield, along with Cameron Tallon from JLL, represented the landlord in this lease transaction.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$649,486.08
Total Lease Value
$6,494,860.82
Net Landlord Cash Flow$649,486.08
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