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Wackenhut Gets New North American HQ

WEST PALM BEACH, FL-The security firm will move to a 63,000-square-foot BTS in 2011.

By Carl Cronan | Updated on October 19, 2009

WEST PALM BEACH, FL-National security firm G4S Wackenhut has signed a lease for a 63,000-square-foot build-to-suit office building that will become its new North American headquarters. Locally based NAI/Merin Hunter Codman negotiated the deal with Rendina Cos. to build the facility at Abacoa Town Center, with construction scheduled to be finished by early 2011.

The signing concludes a two-year search for a new high-tech headquarters building by Wackenhut, a subsidiary of British-based Group 4 Securicor. Terms of the lease were not disclosed, though the company’s leasing representative indicates that it got favorable terms.

“Abacoa was the right site at the right time for Wackenhut to strike an optimal deal,” says Bob Schneiderman, a principal with NAI/Merin Hunter Codman. “It’s a win-win” for both the tenant and Abacoa Town Center, which also features a baseball spring training stadium for the Florida Marlins and St. Louis Cardinals as well as a campus for Florida Atlantic University, he says.

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