BOCA RATON, FL-WCS Lending, a residential mortgage lender, has inked a lease deal to occupy the first floor of the south building at 951 Yamato. WCS Lending will take down 27,000 square feet in what will become its new national headquarters.

NAI/Merin Hunter President Jay Grossman, along with leasing executives Richard Brockney and Steve O'Hara, worked on the WCS Lending transaction for more than a year. NAI/Merin Hunter is the exclusive leasing and management agent for the three-building, 145,000-square foot complex that was renovated in 2006. With the WCS lease, the class A building is 65% occupied.

“It’s a tenant’s market, and landlords have to react to who is in control of the market,” Grossman tells GlobeSt.com. “The landlord made a very aggressive deal to get WCS Lending to come to the building.” Terms of the deal were not disclosed, though Grossman says WCS Lending signed a “long-term lease” with a “generous tenant improvement allowance.”

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