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West Palm Beach

Lakeview Centre Land Sells For $24 Million

Lakeview Centre Land Sells For $24 Million

Anyone involved in large, mixed-use land developments must be a visionary who believes in the long-term potential of their property as well as its submarket. Since Lakeview Centre will be a high-rise development, the planning and construction period will likely span several years.

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Palm Beach Office Development – The Conversation Gets Serious

Palm Beach Office Development – The Conversation Gets Serious

At 3.2 million square feet, downtown West Palm Beach is the smallest of South Florida’s three central business districts. Notwithstanding, the Palm Beach Office market boasts: the highest Class A office rents, strong Class A office occupancy and the highest office sale prices per square foot in the region. So what’s driving these impressive performance statistics?

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The Resurgence of the Palm Beach Lakes Boulevard Corridor

The Resurgence of the Palm Beach Lakes Boulevard Corridor

CapasGroup Realty Advisors is pleased to present this video market report highlighting the ongoing resurgence of the Palm Beach Lakes Boulevard corridor in West Palm Beach, Florida.

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West Palm Beach Currie Park Land Assemblage

West Palm Beach Currie Park Land Assemblage

CapasGroup Realty Advisors announces the $1.51 million sale of 0.865 acres along Ponce De Leon Avenue in the heart of the West Palm Beach Currie Park redevelopment district. The sale price equates to approximately $40 per square foot. CapasGroup principal Brad Capas has now sold six sites in the Currie Park submarket, and seven sites […]

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Walkability Is Critical in Urban Settings

Walkability Is Critical in Urban Settings

As real estate investors and developers increase their focus on urban markets, the concept of “walkability” is playing a critical role in the evaluation of new opportunities.  The investment and development community understands that urban dwellers and employees want to be within walking distance of key neighborhood amenities such as shopping, dining and parks.  This […]

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The Case for Developing New Downtown West Palm Beach Office Space

The Case for Developing New Downtown West Palm Beach Office Space

The time has come for commercial developers and investors to recognize the need for additional Class A office space in Downtown West Palm Beach. Supporting rationale for this increasingly popular view is presented below. Favorable Demand Trends – Downtown West Palm Beach is a favored market for new companies seeking to relocate to South Florida, […]

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CapasGroup Sells Another Site in West Palm Beach North End

CapasGroup Sells Another Site in West Palm Beach North End

CapasGroup Realty Advisors announces the $1.5 million sale of 1.55 acres along the North Flagler Drive waterfront near Currie Park.  This transaction represents the fourth land transaction Brad Capas has completed in the Currie Park submarket and his sixth land closing along North Flagler Drive in the West Palm Beach North End market since 2012. The […]

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Downtown West Palm Beach Market Report | Part 2

Downtown West Palm Beach Market Report | Part 2

Downtown West Palm Beach – The Momentum is Building (Part 2) Opportunities to Participate in one of South Florida’s Most Exciting Growth Markets

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Downtown West Palm Beach Market Report – Part 1

Downtown West Palm Beach Market Report – Part 1

Downtown West Palm Beach is stepping out of the shadows of nearby Miami and Fort Lauderdale and rapidly evolving into a thriving, self-contained urban center.  In fact, downtown West Palm Beach was recently ranked by Forbes magazine as the top city in Florida for business growth and careers. Not surprisingly, real estate investors and developers […]

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Setting the Stage in West Palm Beach’s North End

Setting the Stage in West Palm Beach’s North End

 Land Sales Clear Path for Redevelopment of the North Flagler – Currie Park Corridor Until recently, nearly 18 acres of vacant land and abandoned buildings along the waterfront in West Palm Beach’s North End was controlled by lenders or otherwise distressed.  Most of this land had been approved for several condo developments during the mid-2000’s […]

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