Cushman & Wakefield Tapped To Lease 9-Building Office Portfolio

Dec 12, 2017 No Comments by

Cushman & Wakefield has been named exclusive leasing advisor for Centrepark, a nine-building office portfolio in Palm Beach County totaling 480,000 square feet.

A five-member Cushman & Wakefield leasing team led by Palm Beach County Managing Principal Mark L. Pateman and Managing Director Anthony Librizzi was awarded the assignment by New York-based owner Colonnade Properties, LLC.

Centrepark is an institutional-quality suburban office park comprising a mix of single-story, mid-rise and high-rise office buildings. The buildings are located at 14001450 and 1475 Centrepark Boulevard1720 and 1801 Centrepark Drive East21012301 and 2400 Centrepark West Drive; and 1661 Worthington Road. Building features vary and include a campus-like setting; spec suites; garage and surface parking; an on-site café and fitness center; available facade signage; open and flexible floor plans; and well-appointed interiors and lobbies.

Notable tenants at Centrepark include the United States Polo Association, Paychex North America, Mutual of America, Earthlink, Brown & Caldwell, Weitz Company, SV Microwave, Labcorp and Seacrest Services.

Centrepark is located immediately west of the West Palm Beach Central Business District and directly north of Palm Beach International Airport. This ideal location provides one-turn access to Interstate 95 via Belvedere Road and Okeechobee Boulevard. Planned SkyBike stations will provide occupants easy access to West Palm Beach’s Warehouse District less than one mile to the east, with its multi-vendor food hall and fitness venues.

 

“As Downtown office space becomes more expensive, we are excited to offer a best-in-class office environment with the best access, but at half the price of competitive properties in the CBD. Tenants will love the convenience, abundant parking, and connectivity to great amenities,” said Librizzi.

 

Joe Sambuco, a Principal with owner Colonnade Properties, LLC said, “After our success with Cushman & Wakefield on our Waterfront Clematis project, we are excited to partner with Anthony and Mark on our Centrepark assets. As the most active team in the market, we feel they will beat our absorption and pricing expectations, and we appreciate their creative ideas to generate renewed interest in Centrepark.”

 

 

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Industry News, NA, Office, Palm Beach County Office
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