FOR LEASE - Class B Office Buildings - 55,000± SF

Transcription

1 CONCOURSE EAST 2000 Palm Beach Lakes Blvd CONCOURSE WEST 2090 Palm Beach Lakes Blvd FOR LEASE - Class B Office Buildings - 55,000± SF CONTACTS: Paco Gil PacoGil@gmail.com Thomas Morrison tjm222@me.com

2 PROPERTY UPGRADES CAPITAL IMPROVEMENTS Both roofs replaced in First and second floor bathrooms remodeled in Cooling towers replaced in Elevators underwent partial modernization program in Both building exteriors were painted in Building control system (HVAC) The following suites were recently finished out and ready to be leased spec spaces: Suite 205 East Suite, 202 East, and Suite 500 West. FUTURE CAPITAL IMPROVEMENTS Remodeling of all common areas. Complete bathroom remodeling on all floors, in both buildings. Upgrading landscape throughout the property. Replacement of HVAC units. Upgrading security systems. Build-out of ready to occupy suites. 2

3 LOCATION INFORMATION LOCATION Concourse Towers is a highly recognized West Palm Beach office complex comprised of two 10 story office towers on a split parcel separated by walkable on-site amenities including numerous restaurant and retail uses that are strong tenant draws. The entire complex is known as the Concourse, and is a local landmark. The Property enjoys excellent market presence and a prime location on the well traveled Palm Beach Lakes Boulevard commercial and restaurant corridor. Location is a strength, conveniently located near an I-95 entrance ramp and just north of the Okeechobee Boulevard commercial arterial. DIRECTIONS Traveling on I-95 from the South - Take exit 71 from I-95 to Palm Beach Lakes Blvd, proceed southwest for 0.40 miles. Traveling on I-95 from the North - Take exit 71 from I-95 to Palm Beach Lakes Blvd, proceed southwest for 0.40 miles. Traveling on Okeechobee Blvd. - Take Palm Beach Lakes Blvd northeast for 0.67 miles. KEY DRIVING DISTANCES / TIMES Palm Beach International Airport Miles / 9 Minutes Palm Beach Outlets Miles / 4 Minutes CityPlace / Downtown West Palm Beach Miles / 10 Minutes Palm Beach County Convention Center Miles / 10 Minutes Florida Turnpike Miles / 9 Minutes Brightline West Palm Beach Rail Station Miles / 12 Minutes Worth Avenue Shopping District Miles / 15 Minutes The Breakers Palm Beach Miles / 15 Minutes 3

4 LOCATION INFORMATION WEST PALM BEACH - KEY POINTS A resort and tourist-oriented City with a burgeoning technology industry, a significant draw for office users. High concentration of employment in retail trade, finance, professional, and administrative jobs. The City has attracted a number of medical/biotech businesses since last year, including cloud-based medical software company Integra Connect and Jupiter Medical Center. Companies based in West Palm Beach include Ocwen, Childnet, Clear Channel Communications, the Health Care District of Palm Beach County, Oasis Outsourcing, and many other financial and law firms. West Palm Beach is the thriving urban hub to the local region offering ethnic, cultural and demographic diversity. Forbes Lists - #44 Best places for business and careers. CONCOURSE TOWERS AMENITIES Tenants are attracted to Concourse Towers by its unique offering of an array of on-site restaurants, its panoramic views of Downtown and the waterways, as well as its much less congested location than Downtown West Palm Beach, and its proximity only minutes from the West Palm Beach Airport. Parking Ratio spaces, 3.7/1,000. The property offers 40 covered awning parking spaces for select tenants. Security - 24 hour card key access, common area cameras, and manned security desk. Convenience - minutes to Downtown West Palm Beach, the Palm Beach Airport, Brightline West Palm Beach Rail Station and the Palm Beach Outlets shopping destination. Access - at a stop light intersection. Immediate access to an I-95 exit, and minutes to Florida s Turnpike. Convenient accessibility allows employers to recruit employees from throughout the region. Dining - walk to a unique array of on-site restaurants at the footstep of Concourse Towers. No State or local income tax. 4

5 INCENTIVES BROKER FEE INCENTIVE TENANT INCENTIVE PACKAGE The Landlord is motived to lease the two office buildings to full capacity. To assist in this leasing effort they are offering a generous Broker Incentive - 10% commission on the base rent for any space leased by the Tenant s Broker. Brokers will receive 100% of the commission, the Landlord is not represented by an exclusive Broker. This Broker Incentive applies to the primary term of a newly signed lease. The Landlord is fully prepared to entertain creative Tenant Incentive Packages for their new Tenants. They will build-out spec office spaces at their expense, offer Tenant financing for excess build-out requirements, or other Tenant leasing incentives. The Broker Incentive and Tenant Incentive Package applies to the primary term of a newly signed lease, not options or the renewal of existing leases. 5

6 FLOOR PLANS 2000 Palm Beach Lakes Blvd Floor 1 (East) 2090 Palm Beach Lakes Blvd Floor 1 (West) E0100 Branch Banking & Trust Company 5,490 SF W0100 Legacy Bank of Florida 5,307 SF 6

7 FLOOR PLANS 2000 Palm Beach Lakes Blvd Floor 2 (East) 2090 Palm Beach Lakes Blvd Floor 2 (West) E0200 Tax Solutions of Palm Beach, Inc. 760 SF E0201 Available 736 SF E0202 Membership Holdings 1,182 SF E0203 YP 2,040 SF E0204 Maintenance - not available 667 SF E0205 JAS Restaurants 1,605 SF W0200 Med-Care Management, Inc. 4,780 SF W0202 Insight Medical Billing, LLC 1,126 SF W0205 Waterman Law 1,200 SF 7

8 FLOOR PLANS 2000 Palm Beach Lakes Blvd Floor 3 (East) 2090 Palm Beach Lakes Blvd Floor 3 (West) E0300 Available 1,645 SF E0301 Available 1,491 SF E0302 Available 2,428 SF E0303 Availalbe 1,525 SF W0300 Available 7,145 SF 8

9 FLOOR PLANS 2000 Palm Beach Lakes Blvd Floor 4 (East) 2090 Palm Beach Lakes Blvd Floor 4 (West) E0400 Mittleman Eye Center 7,284 SF W0400 McMahon Associates Engineering 3,793 SF W0402 Available 3,318 SF 9

10 FLOOR PLANS 2000 Palm Beach Lakes Blvd Floor 5 (East) 2090 Palm Beach Lakes Blvd Floor 5 (West) E0500 Atlantic Auto Protection 4,377 SF E0501 Available 2,865 SF W0500 JSM Ventures 2,249 SF W0501 RMN Culinary 1,502 SF W0502 Total Home Health Inc. 2,077 SF W0503 Available 1,188 SF 10

11 FLOOR PLANS 2000 Palm Beach Lakes Blvd Floor 6 (East) 2090 Palm Beach Lakes Blvd Floor 6 (West) E0600 Smart Source 3,510 SF E0601 Available 1,611 SF E0602 Rubenstein Law 1,987 SF W0600 Aecom Technology Corporation 5,771 SF W0601 WDZP Media 1,342 SF 11

12 FLOOR PLANS 2000 Palm Beach Lakes Blvd Floor 7 (East) 2090 Palm Beach Lakes Blvd Floor 7 (West) E0700 Available 2,479 SF E0701 Available 766 SF E0734 Available 2,203 SF E0777 Available 1,571 SF W0700 Available 5,371 SF W0701 Mart Management, LLC 1,727 SF 12

13 FLOOR PLANS 2000 Palm Beach Lakes Blvd Floor 8 (East) 2090 Palm Beach Lakes Blvd Floor 8 (West) E0800 Available 7,201 SF W0800 Sports One Source, LLC 5,371 SF W0801 Available 1,727 SF 13

14 FLOOR PLANS 2000 Palm Beach Lakes Blvd Floor 9 (East) 2090 Palm Beach Lakes Blvd Floor 9 (West) E0900 Available 3,801 SF E0901 Available 3,428 SF W0900 Available 7,246 SF 14

15 FLOOR PLANS 2000 Palm Beach Lakes Blvd Floor 10 (East) 2090 Palm Beach Lakes Blvd Floor 10 (West) E1000 American Consulting Engineers 4,195 SF E1001 Open Systems Healthcare, Inc. 1,675 SF E1003 Specwise, Inc. 1,191 SF W1000 Available 7,215 SF 15

16 BUILDING PHOTOS 2000 PALM BEACH LAKES BLVD 16

17 BUILDING PHOTOS 2090 PALM BEACH LAKES BLVD 17

18 AE R I AL LO OK ING NORT HEAST 18

19 AE R I AL LO OK ING EA ST 19

20 DEMOGRAPHICS Demographics 1 Mile 3 Miles 5 Miles City of West Palm Beach Palm Beach County Population 12, , , ,261 1,426,909 Households 4,883 46,298 93,102 45, ,368 Average Household Income $52,327 $55,072 $61,469 $68,196 $83,840 Median Age Business Establishments 1,498 8,825 16,795 8,612 96,943 Total Employees 14, , ,189 92, ,161 Daytime Employees 13,633 86, ,463 80, ,549 Sources: US Census Bureau, FRIEDA, Florida DEO, Experian, Inc. Employment Growth and Projections 16.0% All Employment Industries 14.30% 14.0% 12.70% 12.0% 10.0% 8.0% 6.0% 4.0% 2.0% 0.0% WPB-Palm Beach Co. Florida