Greenberg Traurig, a major international law firm, leased 25,000 square feet at 15 CityPlace in downtown West Palm Beach. The firm signed a 10-year lease for the entire 12th floor of the 25-story office tower, currently under construction by Related Ross.
This relocation marks Greenberg Traurig's move to another Related Ross property in the same market. The firm anchors the building's office component as Related Ross continues development of the mixed-use project.
For the developer, landing a marquee tenant like Greenberg Traurig validates the downtown West Palm Beach office market and provides cash flow certainty. A 10-year lease from a creditworthy law firm reduces vacancy risk during pre-leasing phases. Related Ross can now market remaining floors with a flagship tenant in place.
For Greenberg Traurig, the move consolidates operations in a new Class A building with modern amenities. The 12th-floor commitment gives the firm dedicated space as it expands or reorganizes departments. Occupying a full floor improves control over layout and design for client-facing areas.
Downtown West Palm Beach office space benefits from this deal. Institutional tenants like law firms signal market health and attract ancillary businesses. Service providers, restaurants, and retailers follow major office leases. The deal also supports Related Ross's financing prospects by demonstrating pre-leasing momentum.
The broader implication extends to Florida's legal market. Law firms are consolidating into trophy buildings and prime locations. This reflects the sector's ability to command premium space and pay market rents even as remote work reshapes office demand nationally. West Palm Beach competes with Miami and Fort Lauderdale for regional headquarters, and Greenberg Traurig's commitment strengthens that positioning.
Move-in timing remains tied to construction progress