Northbridge Centre, West Palm Beach, FL |
"They initially wanted to stay on the island for the
image and prestige, but the quality of the property, its views and
affordability made Northbridge Centre attractive enough to move off the island
of Palm Beach," explains Neil Merin, chairman of NAI/Merin Hunter
Codman Inc., who represented the tenant.
Neil Merin |
"They have floor-to-ceiling windows with views extending to the
Atlantic Ocean and Intracoastal Waterway."
Kirk Fetter, vice president of leasing for the
Dallas-based landlord, Gaedeke Group LLC, has secured a long-term lease for
2,858 sf on the eighth floor of the 21-story class A office building at 515 N.
Flagler Dr. Build-out currently is under way on the new office, with
Northbridge Centre's new tenant now occupying temporary space. The work is
slated to be done by Jan. 1.
Kirk Fetter |
Merin says an extensive search was launched in May, focusing
on island options until his client toured the 288,233-sf Northbridge Centre.
Carl Domino has increased the size of its office by 15 percent with its
relocation from 251 Royal Palm Way.
Gaedeke Group, founded in 1995, is a full-service real
estate firm that provides investment, acquisition, management, leasing
construction management and portfolio management services. Headquartered in
Dallas, Gaedeke's current portfolio encompasses three million square feet of
class A office properties in Arizona, Florida, Tennessee, Texas, Washington,
D.C. and Germany.
Contact:
Kirk Fetter, 561-515-7407
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