MIAMI (May 11, 2021)–DiVosta Towers, the new state-of-the-art Class A office complex located at 3825-3835 PGA Boulevard in Palm Beach Gardens, today announced New York-based NFP has signed a long-term lease to occupy the full penthouse floor and half of the 10^th floor in the North Tower, totaling 15,010 square feet of office space. NFP, a leading insurance broker and consultant that provides property and casualty corporate benefits, retirement and individual solutions, will be expanding its presence in South Florida. Gregg Carlin and Will Portfolio of CBRE represented NFP. Jon Blunk and Constance Thomas of Tower Commercial Real Estate and Darryl Kaplan of Darryl R Kaplan Company represented DiVosta Towers.

In addition, Gardens Wealth Management has signed a long-term lease to occupy half of the sixth floor totaling 5,010 square feet. The firm will be relocating from its office at 4440 PGA Blvd. in Palm Beach Gardens.  David Browne of Cushman & Wakefield represented Gardens Wealth Management. Jon Blunk and Constance Thomas of Tower Commercial Real Estate Darryl Kaplan of Darryl R Kaplan Company represented DiVosta Towers.

“The quality of construction, design and location make DiVosta Towers the premier asset in Palm Beach County,” stated Jon Blunk, president, Tower CRE. “DiVosta Towers offers everything one could want in an office address. The buildings’ ideal location means tenants have plenty of restaurants and shops within walking distance. The Palm Beach Gardens market has been asking for a top tier project like this for a long time, and these buildings have been overimproved in every way.”

DiVosta Towers has lured several financial service titans to its Class A office space, most recently welcoming Virtu Financial, which announced its expansion outside of New York City securing 10,000 SF of space in the North Tower. Other high-profile tenants include JPMorgan, Tower Hill Insurance, Comiter, Singer, Baseman & Braun, and Foresight Management.

DiVosta Towers features two 11-story office buildings totaling 220,000 square feet and is the city’s first new office space in nearly 10 years. The South Tower was completed in 2019 and the North Tower was completed in Q4 2020.

Inspired by the Louvre Museum in Paris, the buildings make a bold statement and are easily recognized by the pyramid-shaped framework on the crowns of each tower. DiVosta Towers boasts the ultimate in luxury office space with an abundance of amenities for tenants to enjoy. Features include a full-time concierge with controlled elevator access, 10-foot ceilings, floor-to-ceiling impact glass windows, car charging stations, separate tenant controlled air conditioning units for each space, a beautiful ground floor patio that can be used for meetings and events, public art and unobstructed panoramic views from the upper floors. The covered garage provides easy access and reserved parking, convenient to both buildings, with wide aisles and 4:1 parking ratio.

The South Tower offers expansive spec suites that have been completely built out, ranging in size from 2,500-10,000 square feet. The North Tower has 10,000-square-foot floorplates available to be constructed as per tenants’ design.

DiVosta Towers is located at the intersection of Alternate A1A and Kyoto Gardens Drive and can be easily accessed by I-95 and Florida’s Turnpike. The property is close to The Gardens Mall, directly across from Downtown at the Gardens shopping center, and within walking distance to Whole Foods Market and numerous restaurants.

DiVosta Towers was acquired by Gatsby Enterprises, a New York-based real estate firm led by principal Nader Shalom, and Master Mind LLC, led by Babak Ebrahimzadeh in September 2020. For leasing information, please call Jon Blunk (305) 433-1195 or visit https://tower-cre.com