In one deal, Palm Beach Gardens, FL-based VirtualBank Mortgage, a division of Lydian Private Bank, signed a 6,390-sf lease for four years starting in November. The lease is valued at an estimated $332,280. The company's expansion to Campus C is the bank's fourth Florida office. Forty employees are expected to occupy the new offices, and new jobs are planned. Jack Lupo Realty represented VirtualBank Mortgage.
In another deal, Finco Financial Corp. leased 3,551 sf for five years starting in December. The deal is estimated to be worth about $230,815. Twenty employees are moving to the new offices, which will serve as the company's headquarters, and more employment opportunities are expected shortly. Orin Rosenfeld of CB Richard Ellis represented Finco Financial, an insurance premium financing provider.
Stiles Realty broker Felicia Rifenburgh represented Camtech Associates JV in both of these transactions. The 612-acre Sawgrass International Corporate Park, launched in 1987, is located at Interstate 75, Interstate 595 and the Sawgrass Expressway.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.