The company is paying $7.50 per sf, making the value of thelease about $480,000. In addition, the tenant has a couple offive-year options in the lease. The 180,000-sf shopping center isnow 90% occupied.The property owner is Larise Atlantis Inc. of FortLauderdale.


Denise Maggio, associate, and Tracey Farley with the AssetServices group of the Palm Beach County office of CB Richard EllisInc. represented Larise Atlantis Inc. in the transaction. They werethe only brokers involved in the deal.

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