LEASEDOffice
Boston Children’s Hospital Signs Lease For New Clinic In West Palm Beach Office Space
222 Lakeview Avenue
Building Size
—
Asset Type
Office
Closing
Oct 30, 2026
About this deal
AI
The transaction involves an office asset located at 222 Lakeview Avenue in West Palm Beach, FL. The property is part of the 256,000-square-foot Esperanté Corporate Center, which is being expanded to accommodate Boston Children’s Hospital's first clinic outside Boston, with a planned opening in 2027.
Summary of transation details:
- Property Type: Office
- Transaction Amount: Not Disclosed
- Landlord: Stephen Ross - Related Ross
- Tenant: Kevin B. Churchwell - Boston Children’s Hospital
- Market: West Palm Beach, FL
This deal highlights the growing healthcare presence in West Palm Beach, as Boston Children’s Hospital joins other notable medical facilities, such as the Cleveland Clinic and the redevelopment plans of Good Samaritan Medical Center.
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