Stephen Ross Of Related Ross Signs Leases With Solomon Partners MSCI And Integrity Pro Consulting In West Palm Beach
777 South Flagler Drive
Building Size
—
Asset Type
Office
Closing
Aug 10, 2026
About this deal
AI
The property involved in the transaction is an office asset located at 777 South Flagler Drive, situated in the West Palm Beach, FL market. The asset is part of a Class A+ waterfront office property currently undergoing a $120 million redevelopment by Related Ross.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not specified
- Landlord: Stephen Ross - Related Ross
- Tenant: Marc Cooper - Solomon Partners
- Tenant: Henry Fernandez - MSCI
- Tenant: Mateen Riaz - Integrity Pro Consulting
Related Ross has secured three new leases with Solomon Partners, MSCI, and Integrity Pro Consulting, enhancing the roster of financial and technology tenants at Phillips Point in West Palm Beach. This leasing activity aligns with the ongoing redevelopment efforts for the property.
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