Home to a succession of restaurants over many years, a sizable commercial space in The Esplanade on Palm Beach’s Worth Avenue has been converted for office use and leased to Compass Florida as the new flagship for the real estate agency’s Palm Beach County operations.
The agency leased about 3,400 square feet in Suite 232 on the second floor of the shopping center at 150 Worth Ave. in the street’s ocean block, according to the agency. The company moved in last month.
Compass Florida previously occupied a smaller office across town at 220 Sunrise Ave.
The agency is part of the national Compass network, which is headquartered in New York City and bills itself as the largest residential real estate brokerage in the country in sales volume.
The Palm Beach location is home to about 100 agents, who are evenly divided between servicing the real estate market on the island and in West Palm Beach, said Jeff Dono, sales director at the Worth Avenue office.
The new office is among 21 Compass Florida locations in South Florida with a total of 621 agents, according to the company.