CENTERPOINT DELRAY OFFICE BUILDING BECOMES TECH MAGNET
DELRAY BEACH, FL, (August 6, 2019) – The second tech firm in four months has signed a lease to locate to Delray Beach’s emerging Congress Avenue mixed-use district.
HappyorNot Americas, a provider of digital customer service satisfaction and performance platforms, leased 9,004 square feet at the 1690 Congress Avenue office building in Delray Beach. The expanding Finland-based tech company plans to relocate its 35-employee office in West Palm Beach to Delray Beach in the fall, with plans to hire up to 30 new employees.
The 70,000-square-foot office building, formerly known as The Arbors, is the office-and-employment heart of the Centerpointe Delray redevelopment district, taking shape on 48 acres along Congress Avenue south of Linton Boulevard. The site encompasses the former Office Depot headquarters campus. More than 600 apartments are poised to start rising out of the ground later this year, along with plans for up to 330,000 square feet of retail and restaurants, which will amenitize the office building and the Congress corridor. The 1690 Congress building is being renovated and repositioned as part of the project.
Butters Realty & Management Executive Vice President Darcie Lunsford and Senior Associate Sky Butters represented landlord and Centerpointe Delray developer CDS International Holdings in the transaction.
NAI/Merin Hunter Codman Principal Jason Sundook and Commercial Associate Christopher Smith represented the tenant in the transaction. “A key differentiator with HappyorNot deciding to relocate to Centerpointe Delray district was their ability to be centrally located in an emerging tech market, said Smith. “The relocation will further assist with HappyorNot’s growing brand along with improving their ability to recruit and retain talent.”
HappyorNot joins tech marketing firm Bidtellect, which leased 5,798 at 1690 Congress in March.
“Centerpointe Delray offers tenants that enticing mix of an urban workplace with walkability to residential, restaurants, retail and personal services paired with the ample parking and ease of access of more traditional suburban locations,” said Butters’ Lunsford. “These dynamics become exponentially more important in a tight employment market with companies competing for talent. Technology firms are historically attracted to up-and-coming areas and will provide a tremendous employment anchor for the Centerpointe Delray district.”