The Press_Property for Sale
The Press_Property for Sale
2751 S Dixie Highway, West Palm Beach, FL, 33405, US

The Press

Asset Description

PREMIER GROCERY ANCHORED MIXED-USE DEVELOPMENT IN WEST PALM BEACH, ONE OF THE MOST DYNAMIC MARKETS IN THE USA

 

Jones Lang LaSalle (“JLL”), has been retained as the exclusive sales representative for The Press (the “Property”) – a complete redevelopment and modernization of the former Palm Beach Post headquarters, 11.57 acres in the heart of West Palm Beach. The Property boasts 140,601 SF of Class A office space, 116,051 SF of grocery anchored retail, including a Starbucks outparcel, and a 3.68-Acre development parcel. The Property is centrally located in West Palm Beach on the Dixie Corridor, which features shopping, fine art, craft breweries, and some of the best restaurants in South Florida. The Press draws from a large consumer base being a mile to the Island of Palm Beach and offers near immediate access to Interstate 95 via Belvedere Rd. The Property’s superior accessibility and visibility, quality construction, in-fill location, high-profile tenancy, and upside potential combine to make it the rarest offering in West Palm Beach.


The Offering presents a unique opportunity to acquire critical mass in West Palm Beach, with numerous value enhancement opportunities and densification potential. The property is being offered in whole, though potential purchasers may choose to bid on individual use components.

...

Attributes

Building area net
256,652 sf
Occupancy
80%
Year built
1988
Land area gross
11.57 acres
NOI
£3,938,000

Media

Investment Highlights

  • Repositioned Mixed-Use Center in Heart of West Palm Beach
  • High Performing Grocery Anchor and Starbucks Outparcel
  • Walkable to Executive Housing with Immediate Highway Access
  • West Palm Beach Office Market – One of the Hottest in the Country
  • Future Densification Potential
  • Numerous Ways to Unlock Additional Value
The Press 4_Property for Sale
The Press 4_Property for Sale

Contact brokers

The Press (0 Properties)

Similar properties

View moreChevron Right
Do you have any questions? visit our FAQ page
View FAQ PageArrow Right
JLL can help you finance and manage your portfolio. Email us today to see how we can help achieve your ambitions.
Last updated
10 Apr 2024