Monday, June 17, 2019

Grover Corlew Announces 26,482-SF Lease at Delray Central in Delray Beach, FL

Mark Corlew
DELRAY BEACH, FL – Grover Corlew, a South Florida-based real estate investment management group, has leased 26,482 sq. ft. of office space to Specialized Health Care Partners (SHP) at Delray Central, a two building office complex in Delray Beach. 

Specialized Health Care Partners, which works to maximize insurance recovery on behalf of its clients and provides consulting management services to hospitals, will consolidate offices and relocate its headquarters to the 1615 Congress Avenue building in October.

Grover Corlew will complete more than $1 million in renovations in addition to enhancements planned by SHP.

“We have a longstanding relationship with SHP,” said Partner Mark Corlew. “We leased the company their first office space in 2013 when we owned 220 Congress and have been fortunate to maintain a close relationship with them, accommodating their changing needs with our portfolio of modern office spaces.”

Anuj Grover
In 2015, Grover Corlew bought the 1615 and 1625 Congress office buildings, which were originally developed for IBM.

At the time of their purchase, the circ-1981 buildings were only 79 percent leased and in need of extensive renovation and a rebranding in order to attract high profile tenants.

"We have created a niche for ourselves by bringing new life to some of the older, yet geographically desirable, suburban office buildings in Broward and Palm Beach counties,” said Partner Anuj Grover. “That has paid off with the number of headquarters that have moved and will move to our buildings.”

Grover Corlew, which focuses on acquiring, developing and operating office and retail properties across the Southeastern U.S., invested approximately two million dollars into property renovations bringing occupancy to nearly 100 percent.


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