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777 South Flagler Drive

LEASEDOffice

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

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:

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.

Players

Stephen Ross

Related Ross

Landlord

$5.2B

vol

51 deals

Landlord
Marc Cooper

Marc Cooper

Solomon Partners

Tenant
Tenant

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