Duane Morris Moving Boca Raton Office to Lynn Financial Center
The law firm is moving less than a mile from its current space.
February 22, 2018 at 02:41 PM
2 minute read
Law firm Duane Morris is moving its 15-attorney Boca Raton office to the Lynn Financial Center.
Duane Morris is moving less than a mile from 5100 Town Center Circle to 1875 NW Corporate Blvd. Its new office is 11,730 square feet. The rent and length of the lease weren't disclosed.
Avison Young principals Greg Martin in Fort Lauderdale and Keith O'Donnell in Boca Raton represented the landlord in the deal.
Other law firms are in the Lynn Financial Center, a three-building, 209,911-square-foot office complex northwest of Glades Road and Military Trail.
Broad and Cassel is moving into a different building at the center by July from its 12,464-square-foot office at 7777 Glades Road in Boca Raton.
Akerman and Frank, Weinberg & Black are already there, according to Avison Young.
Financial service companies Janney Montgomery Scott LLC and Ameriprise Financial Inc., Brown Parker & DeMarinis Advertising and investment services firm Polen Capital Management LLC are other tenants.
The Boca Raton office market experienced a 350,000-square-foot net absorption in a year, according to a fourth quarter 2017 report by Toronto-based Avison Young.
The growth is due in part to the city being home to more than half of the county's Class A office space, according to the report. The office market had 88 percent occupancy and rental rates of $32.39 per square foot.
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