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Tricera Capital Leases 17,929-SF Office Space To Palm Beach Atlantic University

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LEASED

Florida

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Single Family17,929 SF
Leased 08/18/2023
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Tricera Capital Leases 17,929-SF Office Space To Palm Beach Atlantic University

2751 South Dixie Highway West Palm Beach, Florida 33405, USA

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Single Family17,929 SF
Leased 08/18/2023
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Summary

FLORIDA
Asset Type:Single Family
Price Per Square Foot:$0
Total Square Footage:17,929 SF
Transaction Type:Lease

Tricera Capital has completed a lease transaction with Palm Beach Atlantic University in West Palm Beach. The leased property is located at 2751 South Dixie Highway and spans a total area of 17,929 square feet. The office space will be utilized by Palm Beach Atlantic University for a new medical program.

Summary of transaction details

  • Property Type: Office
  • Transaction Amount: Not provided
  • Address: 2751 South Dixie Highway
  • Market: West Palm Beach
  • Tenant: Palm Beach Atlantic University
  • Landlord: Tricera Capital
  • Broker: Robert Anderson - Tortoise Realty Group

Robert Anderson from Tortoise Realty Group represented Palm Beach Atlantic University in this lease deal.

Players

Robert Anderson
Touchstone Webb
Robert Anderson
2 deals$18.8M volume
BROKER
Tricera Capital
Tricera Capital
LANDLORD

Details

LEASED
IMAGE: Robert Anderson DATE: 08/18/2023 ADDRESS: 2751 South Dixie Highway MARKET: West Palm Beach ASSET TYPE: Office ~ SF: 17,929 LANDLORD: Tricera Capital TENANT: Palm Beach Atlantic University BROKER: Robert Anderson - Tortoise Realty Group NOTE: Tricera Capital has completed leases in West Palm Beach and Boca Raton, including a 17,929-square-foot lease with Palm Beach Atlantic University. The university plans to use the space for a new medical program.

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Deal Type
Effective Rent (Annual)

$1,027,679.46

Total Lease Value

$10,276,794.61

Net Landlord Cash Flow$1,027,679.46