2751 South Dixie Highway in West Palm Beach, FL
Tricera Capital is closer to completing its office and retail redevelopment of the Palm Beach Post campus, as it scored $50.8 million in project financing.
It is preserving most of the campus by retrofitting the former printing press and distribution facility into the 125,000-square-foot Shops at the Press. Retail anchor Joseph’s Classic Market, an Italian market founded in 2005 by New York native and longtime Palm Beach County resident Joseph Acierno, has leased more than 25,000 square feet, according to the release. That space is to be finished next year.
Beauty salon Tipsy Salonbar also has rented space, and a newly built Starbucks will open in June on an outparcel.
Tricera has retrofitted the existing office building into a 140,000-square-foot Workspaces at the Press. The Post is keeping its office on the site, leasing 35,000 square feet on Workspaces’ second floor.
Related Group moved into its newly built Coconut Grove office!The Related Group, the biggest real estate developer in South Florida, had built a new eight-story Class A office building at 2850 Tigertail Ave., adjacent to the Park Grove luxury residential towers, which Related developed in joint partnership with Terra Group.Read more