October 20, 2009

Stiles Will Lease and Manage Courthouse Commons Office Building -- New Complex Provides Skywalk Access to County Courthouse

WEST PALM BEACH, Fla. – Commercial real estate firm Stiles has signed a contract with the building owner to lease and manage Courthouse Commons office building located just north of the Palm Beach County Courthouse -- expanding Stiles’ regional presence as a full-service resource for owners of office, retail and industrial properties.

GFB Courthouse Holdings Inc. recently assumed ownership of the 99,395-square-foot building and has retained Stiles Realty and Stiles Property Management to lease and manage the Class A office complex at 444 West Railroad Ave.  The five-story facility completed in 2008 features a six-story parking garage and a third-floor covered pedestrian walkway that enables tenants and visitors to walk directly from their office or car to the Palm Beach County Courthouse. 

“Courthouse Commons’ first-generation, raw space can be customized to fit tenants’ diverse needs,” according to Stiles Realty President Tom Kates.  “Completed office suites of varying size ranges are also available, allowing for immediate occupancy.  With its unmatched convenience, this property offers unique opportunities for law firms and related businesses seeking offices with an upscale, professional image,” he added.

Courthouse Commons can accommodate tenants with space needs ranging from 1,374 to over 60,000 square feet.   Reflecting the building’s craftsmanship and attention to detail, the 26-foot-high lobby features rose, black, white and gray granite floors, plus cherry wood and polished marble walls.

A lobby-level café area has been designed to serve breakfast and lunch, and ground-floor space is available for a bank branch with drive-through lanes and ATM equipment.  The building’s state-of-the-art energy management system improves tenant comfort while reducing energy costs.

“Palm Beach County, an area Stiles has been active in for over 30 years, is a key expansion market for our team as we partner with institutions, investors and independent owners of office, retail and industrial properties,” said Kates.  Owners draw on the firm’s comprehensive expertise, he noted, for an accountable, single-source approach to everything from marketing and lease negotiation to space planning, tenant build-out and first-tier property management.

Headquartered in Fort Lauderdale, Stiles has regional offices in Miami, Tampa, Ft. Myers and Orlando, Fla.  Stiles is currently responsible for the leasing and management of 6.2 million square feet of office, industrial, retail and mixed-use residential projects throughout the southeastern United States. For more information, please visit www.stiles.com or call 954-627-9400.