Comvest Partners Leases Retail Space In West Palm Beach With Related Companies

Located at 700 S Rosemary Ave in West Palm Beach, a 26,000 square foot retail property was leased to Comvest Partners by the Related Companies. Comvest Partners, an investment firm with $3.2 billion of assets under management, will be moving their office to 360 Rosemary, a Class A office tower currently under construction. Levatas LLC, an artificial intelligence solutions and software company, also leased a 16,000-square-foot space in Rosemary Square, relocating their headquarters from Palm Beach Gardens.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: Not specified
• Market: Ambler
• Tenant's Rep: Kevin McCarthy (CBRE)
• Landlord's Rep: Kevin Probel (CBRE)
• Tenant: Comvest Partners
• Landlord: Related Companies

Jon Blunk of Tower Commercial Real Estate served as the exclusive leasing agent for 360 Rosemary and represented Related Companies in both transactions. CBRE's Kevin McCarthy and Kevin Probel represented Comvest Partners, while JLL's Cameron Tallon represented Levatas. The 360 Rosemary office building, designed by Elkus Manfredi Architects and Leo A. Daly, is set to be completed in early 2021 as part of the ongoing $550 million redevelopment transforming CityPlace into Rosemary Square.