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News : New Providence Last Updated: Jan 22, 2021 - 10:43:37 AM


New Caves Corporate Center now fully leased by NAI Bahamas Realty Commercia
By Iona Henderson
Jan 22, 2021 - 9:39:14 AM

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Nassau, Bahamas – NAI Bahamas Realty Commercial, a leading full-service independent commercial real estate firm, announced today that the Cave’s Corporate Center West is now 100% leased. The NAI Bahamas Realty Commercial exclusive listing is a newly constructed Class A office building located on West Bay Street and Blake Road.
 
“The Caves Corporate Center West has been highly sought after since its groundbreaking in 2019,” said NAI Bahamas Realty Commercial’s CEO, Donald Martinborough. “We are thrilled to see the project near completion and to have represented the developers, Mosko United Construction Company, in the successful negotiation of the lease of the final remaining spaces.”

The Caves Corporate Center West is comprised of 25,000 square feet of Class A, Build-to-Suit office space. The three-story building is designed to offer spectacular ocean views and is ideally situated within minutes to the international airport and the Bahamar Resort.

NAI Bahamas Realty commercial previously announced the lease of 18,000 sq. ft. of the building to anchor tenant, Ernst & Young. The remaining 7,000 sq ft. will be occupied by Trident Trust Group, also represented by NAI Bahamas Realty Commercial, and Banco Santander Intl.

NAI Bahamas Realty Commercial specializes in the sale, lease, and management of Build-to-Suit properties. These buildings represent the newest and highest quality buildings in the Bahamas commercial market. They are well located, feature top of the line construction, and possess high-quality building infrastructure. As a result of this, they attract the highest quality tenants. Page 2

“We’re seeing a greater demand in this type of commercial development as it becomes the industry standard in international markets,” said Martinborough. “Looking ahead, we anticipate the demand for professionally managed properties with Build-to-Suit options increasing, as tenants are attracted to spaces designed and tailored specifically to their needs.”

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