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Related’s West Palm Office Project Lands More Finance Tenants

GTCR and Diameter Capital take space at One Flagler, joining a wave of Wall Street firms expanding in South Florida.

A rendering of the One Flagler office development in West Palm Beach, Florida.

A rendering of the One Flagler office development in West Palm Beach, Florida.

Source: Related Cos.

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Related Cos., the builder behind Manhattan’s Hudson Yards, has drawn more finance tenants to its latest office development in West Palm Beach, Florida. 

Chicago-based private equity firm GTCR is slated to open a new office at Related’s One Flagler when the project is completed in 2024, according to a statement Monday. Diameter Capital Partners, a New York-based asset manager, will move its current West Palm location to the building. Four more companies in the finance and pharmaceutical industries, which Related didn’t name, also signed leases.