Leasing Underway At Delray Ipic Project


Staff report

Avison Young has been awarded the exclusive leasing assignment at The Offices 4th & 5th Delray within the new four-story, mixed-use development totaling 144,733-square-feet.

The project, developed by iPic in coordination with Samuels & Associates, will include an iPic Theaters complex, retail, and office space.

Avison Young Principals Keith O’Donnell and Gary Gottlieb will market the entire third floor totaling 26,233-square-feet of 4th & 5th Delray’s office space.

“There is a convergence between high demand and highly limited class A office development in the area,” said O’Donnell.“As the lines between work, home, and social life become increasingly blurred, the workplace experience is attracting talent and impacting retention. Offering a holistic environment to employees now includes experiential office design. Trending elements such as biophilic design, recharging areas, open and collaborative space, and a variety of non-traditional walls are the way of the future.”

The space features large floor plans can be subdivided equally allowing for open floor plans and unique workplace configurations. Additionally, the project features an 8,600-square-foot terrace as well as a convenient multi-level parking garage.

“From small professional and financial firms to creativities, the variety of businesses eyeing Delray Beach’s improved walkability and amenities,” said Gottlieb. “With a growing and sophisticated population’s increased desire to work in settings more conducive to work-life balance, The Offices 4th & 5th are highly anticipated.”