Assets
Office · West Palm Beach CBD / Worth Ave

CityPlace Tower (525 Okeechobee)

525 Okeechobee Boulevard, West Palm Beach CBD / Worth Ave · Built 2007 · 18 floors
Partial
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Current value
$280.0M
▲ 1.8% 1-yr (modeled)
Cap rate
Free account
Value $/SF
$933
$225.1M$240.3M$255.5M$270.7M$285.9M201920202021202220232024Modeled trajectory — no observed history
sourcedmodeled0 of 6 sourced

Ownership & debt

Ownership chain & debt stack
Owner of record: Related Companies (Related Ross).
1 recorded holder · 2 beneficial owners · chain resolves 2 levels, with each holder's interest percentage and class.
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Underwriting

Underwriting
Unlevered and levered IRR, equity multiple, exit math and a live sensitivity grid — built on the NOI, the debt stack and the rent roll above.
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Provenance footnotes

  1. Current value: Estimated — no sourced claim on file.
  2. $/SF: Estimated — no sourced claim on file.
  3. GLA: Estimated — no sourced claim on file.
  4. Ownership — Related Companies (Related Ross): Single source — commercialobserver.com · https://commercialobserver.com/2021/05/related-companies-stephen-ross-cityplace-tower-office-west-palm-beach/

Modeled figures — LTV, debt yield, DSCR, cash-on-cash, occupancy, WALT, tenant concentration are derived arithmetic, not sourced claims. Not investment advice.

Anchoring begins when the asset enters the live ledger.