{"id":1004131307,"date":"2015-11-11T10:33:28","date_gmt":"2015-11-11T18:33:28","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004131307"},"modified":"2022-03-03T00:20:03","modified_gmt":"2022-03-03T08:20:03","slug":"chase-bank-professional-center-trades-hands","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/chase-bank-professional-center-trades-hands\/","title":{"rendered":"Chase Bank Professional Center Trades Hands"},"content":{"rendered":"<div id=\"attachment_1004131309\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/11\/Chase-Bank-Professional-Center-1.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004131309\" data-attachment-id=\"1004131309\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/chase-bank-professional-center-trades-hands\/chase-bank-professional-center-1\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/11\/Chase-Bank-Professional-Center-1.jpg\" data-orig-size=\"528,530\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;Balazs Szekely&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;1447263129&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"Chase Bank Professional Center\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;Chase Bank Professional Center&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/11\/Chase-Bank-Professional-Center-1.jpg?w=528\" class=\"wp-image-1004131309 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/11\/Chase-Bank-Professional-Center-1.jpg\" alt=\"Chase Bank Professional Center\" width=\"300\" height=\"300\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/11\/Chase-Bank-Professional-Center-1.jpg 528w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/11\/Chase-Bank-Professional-Center-1.jpg?resize=150,150 150w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/11\/Chase-Bank-Professional-Center-1.jpg?resize=300,300 300w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004131309\" class=\"wp-caption-text\">Chase Bank Professional Center<\/p><\/div>\n<p>Chase Bank Professional Center was purchased recently by 10th Avenue Partnership Ltd., an entity managed by John Hoecker, president of <a href=\"https:\/\/www.jupiterrealty.com\/\" target=\"_blank\" rel=\"nofollow noopener\">Jupiter Realty Company<\/a>. The seller was the <a href=\"https:\/\/www.hcdpbc.org\/\" target=\"_blank\" rel=\"noopener\">Health Care District of Palm Beach County<\/a>. Senior Vice President, Investments, Douglas K. Mandel and Director Todd Everett of <a href=\"https:\/\/www.marcusmillichap.com\/\" target=\"_blank\" rel=\"nofollow noopener\">Marcus &amp; Millichap<\/a> completed the $6.9 million sale. Mandel also negotiated the sale of the building back in December 2009, when the previous owner purchased the asset for $5.8 million, and has since used the majority of the building as its district headquarters.<\/p>\n<p>The 94,222-square-foot facility is situated on 8.83 acres at 2601 10th Ave. North in Lake Worth. Constructed in 1977 as the headquarters for First Fidelity Savings &amp; Loan of Lake Worth, the property was purchased in 1998 to be used as Washington Mutual Bank\u2019s southeastern headquarters. In 2008, the Federal Deposit Insurance Corporation sold the banking subsidiaries of Washington Mutual to JPMorgan Chase, who now operates the banking branch at this location.<\/p>\n<p>Photo credit: Google Maps<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Health Care District of Palm Beach County dropped Chase Bank Professional Center, a professional center in Lake Worth, Fla, in a transaction mediated by Marcus &amp; Millichap.<\/p>\n","protected":false},"author":35,"featured_media":1004131309,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,1492,21742,21747],"tags":[],"class_list":["post-1004131307","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-miami","category-latest","category-office"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Chase Bank Professional Center Trades Hands - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/chase-bank-professional-center-trades-hands\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Chase Bank Professional Center Trades Hands\" \/>\n<meta property=\"og:description\" content=\"Health Care District of Palm Beach County dropped Chase Bank Professional Center, a professional center in Lake Worth, Fla, in a transaction mediated by Marcus &amp; 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