News: Shopping Centers

Philips Int'l. signs long-term leases at Palm Springs Plaza

Philips International has signed Green Zone Outdoor, and Palomino's Coffee and Cigar Shop, to long-term leases at Palm Springs Plaza. An Army and Navy store that sells recycled clothing, Green Zone Outdoor signed a lease for 1,425 s/f. Palomino's Coffee and Cigar Shop is leasing 1,287 s/f. These two transactions come on the heels of the Dollar Tree opening recently. Dollar Tree signed a long-term lease for 10,354 s/f. Palm Springs Plaza is a 280,000 s/f community shopping center located on the corner of Congress Ave. and 10th Ave. North in central Palm Beach County.
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2024 Year in Review: William O’Brien, M.C. O’Brien, Inc.

What noteworthy transactions or deals from this year best exemplified key market trends or shifts? I would like to say there was an outstanding transaction for me this past year but 2024 was more a culmination of long-term relationships, most of which continued to transact. Deals were smaller in many cases but we saw robust leasing both on the agency side as well as on the tenant side.

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