South End’s BankUnited Building leases 90 percent of ground-floor space

The recently renovated two-floor BankUnited Building in the South End has leased 90 percent of its first-floor space and nearly 50 percent of space on the second level, according to the Palm Beach Daily News.

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Brett Forman, the building’s owner, fully renovated the building, which is located at 2875 South Ocean Boulevard, last year. The 35,000-square-foot building has recently added the BankUnited island branch — the structure’s new namesake — South Ocean Pharmacy and Century 21 real estate. Also in the building are In-Town Physical Therapy and Rehabilitation and Style Bar Salon & Day Spa. Rents range from $300 to $2,000 a month.

“There had been a suite of shared offices in the building before, but of far lesser quality,” Forman said. “It [Forman’s Palm Beach Executive Center] had been a successful operation, so I thought we would do something similar, but definitely a step above, as there seems to be a need for this.” [PBDN]Christopher Cameron