News

LPC ANNOUNCES 9,400 SF OFFFICE LEASE IN WEST PALM BEACH, FL

Sep 25, 2009

Miami, FL - Lincoln Property Company of Florida, Inc. announced today that it represented PAETEC Holding Corporation in a long-term lease renewal of their West Palm Beach office valued at more than $2 million. Located at Fairways Office Center, 7121 Fairway Drive, West Palm Beach, the 9,352 square foot facility serves as PAETEC’s Palm Beach County hub.

Handling negotiations for the tenant were Lincoln Property Company Senior Vice Presidents Harry E. Wardell, SIOR, and Steven J. Medwin, SIOR, CCIM, along with Vice President Nick Wigoda.

PAETEC Holdings is headquartered in Fairport, NY and delivers personalized communications solutions and unmatched service to business-class customers in more than 83 percent of the nation's top 100 metropolitan areas. They are the premier alternative to the ILECs, based on their nationwide footprint, breadth of products, and quality of service. PAETEC has facilities in all of the major Florida cities including Miami, Ft. Lauderdale, Tampa, Orlando and Jacksonville.

The landlord, J.P. Morgan Investment Management, Inc., was represented by Jason Sundook, SIOR with NAI Merin Hunter Codman.