Lease roundup: Steve Ross lands GoldenTree, Amerant Bank at his downtown West Palm towers

Also, a Bahamas tourism promotion organization leased at the Royal Palm Office Park in Plantation

<p>A photo illustration of Steve Ross along with renderings of the One Flagler office project in West Palm Beach (Getty, Related Companies)</p>

A photo illustration of Steve Ross along with renderings of the One Flagler office project in West Palm Beach (Getty, Related Companies)

GoldenTree Asset Management, Vista Investments of Florida, more | downtown West Palm Beach 

Steve Ross scored new tenants and lease renewals at his downtown West Palm Beach office towers. 

New York-based global asset manager GoldenTree  Asset Management, founded by Steven A. Tananbaum; Chicago-based Vista Investments of Florida, founded by Tom Tisbo; and New York-based private equity firm OceanSound Partners will open at the 25-story One Flagler building once it’s completed this fall, according to a Related Ross news release. The tower is at the foot of the Royal Park Bridge. 

GoldenTree, which has more than $55 billion in assets under management, has had a presence in West Palm Beach for over a decade, the release says. Its office now is at Ross’ Phillips Point tower at 777 South Flagler Drive, according to the company’s website. 

OceanSound invests in technology and technology-enabled services companies. The One Flagler office will be its first outside New York, the release says. 

At the 18-story CityPlace Tower within the CityPlace mixed-use complex, Amerant Bank will open an office early next year, and Miami Lakes-based interventional cardiovascular technologies firm, Cordis US, will open this fall, according to the release. 

Also, law firm Holland & Knight signed a five-year lease renewal at Phillips Point, the release says. At the 17-story Esperanté Corporate Center at 222 Lakeview Avenue, a private equity firm renewed its lease. 

A spokesperson for Related Ross declined to provide the square footage that the tenants leased. 

Ross formed Related Ross this year after founding New York-based Related Companies 52 years ago. Related Ross essentially carved out Related Companies’ Southeast division and now oversees all of the South Florida assets. In downtown West Palm, Ross has amassed an empire of at least nine office buildings that he either purchased or completed since 2021, or plans to develop. 

Ross, who is chairman and CEO of West Palm-based Related Ross, remains the single largest shareholder in Related Companies. 

Nassau & Paradise Island Promotion Board | Plantation 

A Bahamas tourism promotion organization leased an office in Plantation

Nassau & Paradise Island Promotion Board, which focuses on promoting Paradise Island and Nasau, leased 3,000 square feet at Royal Palm II 900 South Pine Island Road, according to a news release from the landlord’s broker. 

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Danet Linares and Nicole Kaiser of Blanca Commercial Real Estate, founded by Tere Blanca, represented the landlord. 

Royal Palm II is at the 465,000-square-foot recently renovated Royal Palm Office Park. The campus also includes Royal Palm I at 1000 South Pine Island Road. 

The Nassau & Paradise Island board’s lease comes on the heels of a slew of deals at Royal Palm Office Park. This includes Toronto, Canada-based alternative investment manager Brookfield Corporation’s 35,000-square-foot lease renewal at Royal Palm I, and Atlas Renewable Energy USA’s 6,700-square-foot new lease. 

Headlights.com | Pompano Beach 

Auto headlights retailer Headlights.com leased an office in Pompano Beach

Headlights.com took 6,400 square feet at 1471 Southwest 12th Avenue, according to a news release from the landlord’s broker. 

John D. McQueston of Campbell & Rosemurgy Commercial Real Estate represented the landlord, and Adrian (A.J.) Belt of Cushman & Wakefield represented the tenant. 

Records show an entity led by Charles Albert owns the 13,000-square-foot building that was completed in 1971. 

Farmer’s Milk | Wynwood 

Farmer’s Milk opened in Wynwood

The bakery leased 2,900 square feet at 261 Northwest 24th Street in Miami, according to broker Tony Arellano. 

Arellano and Joe Fernandez of Dwntwn Realty Advisors represented the landlord. Igor Presman of Global Luxury Realty represented the tenant. 

Records show New York-based East End Capital owns the space. 

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