West Palm Beach, FL - In the seven years he’s been the exclusive leasing agent for Phillips Point, Taylor & Mathis’ Principal, Brian Gale says Akerman Senterfitt LLC is the largest prospective tenant he has seen in the downtown West Palm Beach market. A few weeks ago, Akerman became the largesthe’s done at the property. Florida’s largest law firm signed a lease for nearly 40,000 square feet and will move its West Palm Beach office to two and a half floors at Phillips Point in about a year. The 12-year, $25 million deal was co-brokered by Matt Cheezem of CRESA Partners.
Leasing activity has been brisk at the half million square foot office and retail complex, located in the heart of the West Palm Beach central business district. In July Taylor & Mathis announced the signing of two firms to 25,516 square feet of leases. Global Capital Econometrix, LLC leased the building’s entire 18th floor of 14,516 square feet and BMO Harris Bank, a tenant at the building since 1997, signed a 10,000 square foot renewal.
The location provides seamless access to Palm Beach Island, directly across from the entrance to the Royal Palm Bridge, with Ocean and Intracoastal Waterway views from all sides. The building is home to internationally recognized tenants including, Goldman Sachs, Squire Sanders, Morgan Stanley and Greenberg Taurig. Among the complex’s amenities are banking, valet parking, concierge, Morton’s Steakhouse, The Phillips Point Club (a penthouse level dining club), café and sundry shop, 24-hour manned security and on-site dining.
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