{"id":1004270768,"date":"2018-10-10T07:34:38","date_gmt":"2018-10-10T15:34:38","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004270768"},"modified":"2022-12-08T18:03:02","modified_gmt":"2022-12-09T02:03:02","slug":"crec-velocis-add-anchor-tenant-to-wpb-office-tower","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/crec-velocis-add-anchor-tenant-to-wpb-office-tower\/","title":{"rendered":"CREC, Velocis Add Anchor Tenant to WPB Office Tower"},"content":{"rendered":"<p>By Timea Papp<\/p>\n<div id=\"attachment_1004235144\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/06\/One-Clearlake-Centre.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004235144\" data-attachment-id=\"1004235144\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/velocis-crec-kick-off-major-wpb-office-reno\/one-clearlake-centre-2\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/06\/One-Clearlake-Centre.jpg\" data-orig-size=\"410,308\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&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=\"One Clearlake Centre\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;One Clearlake Centre&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/06\/One-Clearlake-Centre.jpg?w=410\" class=\"wp-image-1004235144 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/06\/One-Clearlake-Centre.jpg\" alt=\"One Clearlake Centre\" width=\"300\" height=\"225\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/06\/One-Clearlake-Centre.jpg 410w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/06\/One-Clearlake-Centre.jpg?resize=300,225 300w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004235144\" class=\"wp-caption-text\">One Clearlake Centre<\/p><\/div>\n<p>CREC and Velocis have signed a 25,000-square-foot lease with Intech Investment Management as the anchor tenant at One Clearlake Centre, a LEED Silver-certified office tower in downtown West Palm Beach, Fla. Intech plans to relocate its corporate headquarters to the 221,079-square-foot property in September 2019.<\/p>\n<p>The investment management firm will occupy the top two floors at One Clearlake Centre. The deal also includes building exterior signage for Intech. Following its long-term tenancy, the company is downsizing and leaving behind 50,000 square feet at CityPlace Tower, according to Yardi Matrix.<\/p>\n<p>Located at 250 S. Australia Ave., One Clearlake Centre was completed in 1986 and is <a href=\"https:\/\/www.commercialsearch.com\/news\/velocis-crec-kick-off-major-wpb-office-reno\/\">undergoing an expansive renovation program<\/a>. The multi-million refurbishment includes new lobby areas, corridors and bathrooms, conference center and gym, a creative tenant lounge and CREC\u2019s wellness program known as Deeper Breath.&nbsp;The property also features a five-story, 662-space parking garage.&nbsp;<\/p>\n<h2>Occupancy on the rise<\/h2>\n<p>Current ownership acquired the 19-story building in July 2017, when the property was 47 percent leased. The addition of Intech brings the property\u2019s occupancy rate to 68 percent. One Clearlake Centre, one of the tallest buildings in the market, is close to the area\u2019s numerous restaurants, entertainment and shopping venues such as Clematis Street and CityPlace. Additionally, TriRail and the recently constructed Brightline station are also nearby.<\/p>\n<p><em>\u201cIntech truly scrutinized all of their viable options and conducted an intense broad property sweep before they made the decision to select One Clearlake Centre as their new corporate headquarters,\u201d<\/em> Carol Greenberg Brooks, president &amp; co-founder of CREC, said in prepared remarks. CREC also oversees leasing and management services at the property.<\/p>\n<p><em>\u201cAs we continue to implement our repositioning strategy, we anticipate that leasing momentum will remain strong as tenants continue to flock to downtown West Palm Beach,\u201d<\/em> added Mike Lewis, principal at Velocis.<\/p>\n<p><em>Image courtesy of Yardi Matrix<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Intech Investment Management will relocate its corporate headquarters to the top two floors of One Clearlake Centre, with plans to occupy the new space starting in September 2019.<\/p>\n","protected":false},"author":240,"featured_media":1004235144,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21784,21743,1492,21742,21747],"tags":[34398,32779,40532,33083],"class_list":["post-1004270768","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-brokerage","category-deals","category-miami","category-latest","category-office","tag-crec","tag-leed","tag-mike-lewis","tag-velocis"],"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>CREC, Velocis Add Anchor Tenant to WPB Office Tower - 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\/crec-velocis-add-anchor-tenant-to-wpb-office-tower\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CREC, Velocis Add Anchor Tenant to WPB Office Tower\" \/>\n<meta property=\"og:description\" content=\"Intech Investment Management will relocate its corporate headquarters to the top two floors of One Clearlake Centre, with plans to occupy the new space starting in September 2019.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/crec-velocis-add-anchor-tenant-to-wpb-office-tower\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2018-10-10T15:34:38+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-09T02:03:02+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/06\/One-Clearlake-Centre.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"410\" \/>\n\t<meta property=\"og:image:height\" content=\"308\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Timea-Erika Papp\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/crec-velocis-add-anchor-tenant-to-wpb-office-tower\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/crec-velocis-add-anchor-tenant-to-wpb-office-tower\/\",\"name\":\"CREC, Velocis Add Anchor Tenant to WPB Office Tower - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/crec-velocis-add-anchor-tenant-to-wpb-office-tower\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/crec-velocis-add-anchor-tenant-to-wpb-office-tower\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/06\/One-Clearlake-Centre.jpg\",\"datePublished\":\"2018-10-10T15:34:38+00:00\",\"dateModified\":\"2022-12-09T02:03:02+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/f58a713dcbdcb5aab2648af2aa04d6ae\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/crec-velocis-add-anchor-tenant-to-wpb-office-tower\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/crec-velocis-add-anchor-tenant-to-wpb-office-tower\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/crec-velocis-add-anchor-tenant-to-wpb-office-tower\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/06\/One-Clearlake-Centre.jpg\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/06\/One-Clearlake-Centre.jpg\",\"width\":410,\"height\":308,\"caption\":\"One Clearlake Centre\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/crec-velocis-add-anchor-tenant-to-wpb-office-tower\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.commercialsearch.com\/news\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"CREC, Velocis Add Anchor Tenant to WPB Office Tower\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/\",\"name\":\"Commercial Property Executive\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/f58a713dcbdcb5aab2648af2aa04d6ae\",\"name\":\"Timea-Erika Papp\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/1abbd000efb56bab071b49e7aa22c0d49e96fb0374efdef0909c7744785579a7?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/1abbd000efb56bab071b49e7aa22c0d49e96fb0374efdef0909c7744785579a7?s=96&d=mm&r=g\",\"caption\":\"Timea-Erika Papp\"},\"description\":\"Timea is a senior writer covering CRE marketing, tech and real estate trends, as well as industry news in the U.S. Timea was previously a senior associate editor at Multi-Housing News and Commercial Property Executive and has an academic background in law. She has been working in the real estate industry since 2011.\",\"sameAs\":[\"timea-erika.papp@cpe-mhn.com\"],\"url\":\"https:\/\/www.commercialsearch.com\/news\/author\/timeaerikapapp\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"CREC, Velocis Add Anchor Tenant to WPB Office Tower - Commercial Property Executive","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.commercialsearch.com\/news\/crec-velocis-add-anchor-tenant-to-wpb-office-tower\/","og_locale":"en_US","og_type":"article","og_title":"CREC, Velocis Add Anchor Tenant to WPB Office Tower","og_description":"Intech Investment Management will relocate its corporate headquarters to the top two floors of One Clearlake Centre, with plans to occupy the new space starting in September 2019.","og_url":"https:\/\/www.commercialsearch.com\/news\/crec-velocis-add-anchor-tenant-to-wpb-office-tower\/","og_site_name":"Commercial Property Executive","article_publisher":"https:\/\/www.facebook.com\/CPExecutive","article_published_time":"2018-10-10T15:34:38+00:00","article_modified_time":"2022-12-09T02:03:02+00:00","og_image":[{"width":410,"height":308,"url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/06\/One-Clearlake-Centre.jpg","type":"image\/jpeg"}],"author":"Timea-Erika Papp","twitter_card":"summary_large_image","twitter_creator":"@cpexecutive","twitter_site":"@cpexecutive","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.commercialsearch.com\/news\/crec-velocis-add-anchor-tenant-to-wpb-office-tower\/","url":"https:\/\/www.commercialsearch.com\/news\/crec-velocis-add-anchor-tenant-to-wpb-office-tower\/","name":"CREC, Velocis Add Anchor Tenant to WPB Office Tower - Commercial Property Executive","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/crec-velocis-add-anchor-tenant-to-wpb-office-tower\/#primaryimage"},"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/crec-velocis-add-anchor-tenant-to-wpb-office-tower\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/06\/One-Clearlake-Centre.jpg","datePublished":"2018-10-10T15:34:38+00:00","dateModified":"2022-12-09T02:03:02+00:00","author":{"@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/f58a713dcbdcb5aab2648af2aa04d6ae"},"breadcrumb":{"@id":"https:\/\/www.commercialsearch.com\/news\/crec-velocis-add-anchor-tenant-to-wpb-office-tower\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.commercialsearch.com\/news\/crec-velocis-add-anchor-tenant-to-wpb-office-tower\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/crec-velocis-add-anchor-tenant-to-wpb-office-tower\/#primaryimage","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/06\/One-Clearlake-Centre.jpg","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/06\/One-Clearlake-Centre.jpg","width":410,"height":308,"caption":"One Clearlake Centre"},{"@type":"BreadcrumbList","@id":"https:\/\/www.commercialsearch.com\/news\/crec-velocis-add-anchor-tenant-to-wpb-office-tower\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.commercialsearch.com\/news\/"},{"@type":"ListItem","position":2,"name":"CREC, Velocis Add Anchor Tenant to WPB Office Tower"}]},{"@type":"WebSite","@id":"https:\/\/www.commercialsearch.com\/news\/#website","url":"https:\/\/www.commercialsearch.com\/news\/","name":"Commercial Property Executive","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/f58a713dcbdcb5aab2648af2aa04d6ae","name":"Timea-Erika Papp","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/1abbd000efb56bab071b49e7aa22c0d49e96fb0374efdef0909c7744785579a7?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/1abbd000efb56bab071b49e7aa22c0d49e96fb0374efdef0909c7744785579a7?s=96&d=mm&r=g","caption":"Timea-Erika Papp"},"description":"Timea is a senior writer covering CRE marketing, tech and real estate trends, as well as industry news in the U.S. Timea was previously a senior associate editor at Multi-Housing News and Commercial Property Executive and has an academic background in law. She has been working in the real estate industry since 2011.","sameAs":["timea-erika.papp@cpe-mhn.com"],"url":"https:\/\/www.commercialsearch.com\/news\/author\/timeaerikapapp\/"}]}},"jetpack_featured_media_url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/06\/One-Clearlake-Centre.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004270768","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/users\/240"}],"replies":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/comments?post=1004270768"}],"version-history":[{"count":6,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004270768\/revisions"}],"predecessor-version":[{"id":1004270948,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004270768\/revisions\/1004270948"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media\/1004235144"}],"wp:attachment":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media?parent=1004270768"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/categories?post=1004270768"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/tags?post=1004270768"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}