Ben Horowitz Of Andreessen Horowitz Leases Office Space From Stephen Ross Of Related Ross In West Palm Beach
525 Okeechobee Boulevard
Building Size
—
Asset Type
Office
Closing
Sep 11, 2026
About this deal
AI
The property asset involved in the context is an office space located at 525 Okeechobee Boulevard in West Palm Beach, FL. This property is part of the CityPlace Tower owned by Related Ross. The leasing arrangement is indicative of a broader trend as the area evolves into a hub for defense and finance industry companies.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not specified
- Landlord: Stephen Ross - Related Ross
- Tenant: Ben Horowitz - Andreessen Horowitz
- Market: West Palm Beach, FL
Ben Horowitz, representing Andreessen Horowitz, is set to lease space for the regional headquarters of its $1.2 billion American Dynamism defense and aerospace fund. This move is part of a strategic effort to position West Palm Beach as an attractive location for major corporations.
On the Map
Office
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Players
West Palm Beach Office Market Snapshot
Boundary boundary · Office · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93