Related to control West Palm office market: Buys 2 more buildings, lures big mortgage company Alexandra Clough, Palm Beach Post
The Related Cos., led by billionaire Miami Dolphins owner Stephen Ross, is about to take control of the market for high-end commercial office space in West Palm Beach, giving the company the power to attract and ink leases with any office tenant seeking top space downtown.
Related is nearing completion on deals to acquire the Esperante Corporate Center, at 222 Lakeview Avenue, and CityPlace Tower, at 525 Okeechobee Boulevard, real estate sources said. Last month, a Related affiliate paid $282 million for the Phillips Point office complex at 777 S. Flagler Drive.
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