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CBRE Seeks to Fill 17% Leased Office

PALM BEACH, FL—The 300 Lock Road building has 25,000 square feet vacant after a recent IRS departure and is only 17% leased. How will CBRE turn it around?

By Jennifer LeClaire | Updated on April 12, 2013

PALM BEACH, FL—CBRE has been charged with turning around a distressed office project in Boca Raton, FL. The firm just sealed the exclusive leasing contract for Financial Centre and Pine Tree Plaza, five office buildings totaling 166,968 square feet in Deerfield Beach, FL.

CBRE will work with the owner, Scott Properties, to market 45,000 square feet of availability in the buildings. The owner previously provided its own leasing services.

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