Hair Club Secures New Boca Raton Headquarters Location
Colliers International negotiates strategic South Florida leases on behalf of Hair Club
Boca Raton, FL | May 31, 2018 – As part of its transformation into the premier total hair solutions company, Hair Club has secured two new leases totalling 28,502 square feet, highlighting the firm’s continued growth and commitment to South Florida. Colliers International South Florida Executive Vice President Robert Listokin represented Hair Club in the long-term leases with owner Grover Corlew, including a strategic new headquarters relocation in Boca Raton as well as a new lease for salon space in Delray Beach.
Continuing with a Boca Raton address for its North American headquarters, Hair Club will be moving northwest into Palmetto Place at Boca Raton (f/k/a Interstate Plaza), located at 1499 W. Palmetto Park Road, with direct visibility to Palmetto Park Road as well as I-95. The four-story, 84,131 square foot office building just completed a total interior renovation and will be starting on the exterior of the property shortly. Both prominent monument and building signage has been offered to the new anchor tenant.
"As Hair Club has modernized and evolved over the years, there was a need for their headquarters location to do the same," added Listokin, who has represented the firm’s real estate negotiations locally for more than 15 years. "This property satisfies their requirement for a more efficient, prominent and accessible headquarters location and will better support their operations and employee base for years to come."
The new lease spans 23,130 square feet encompassing the entire third floor and a portion of the first floor, where the firm plans to create a modern and collaborative environment for its more than 120 local corporate staff members, including more than 60 Contact Center agents.
"Our new headquarters location was selected to provide the ultimate employee experience," noted Hair Club President & COO Mike Nassar. "We are dedicated to providing this experience for all of our more than 1,200 staff members across our 120 locations in the US and Canada. As the leading provider of proven hair loss solutions in North America, we proactively plan for the future and look forward to a long and prosperous journey in our new home."
In addition to the new headquarters address, Listokin represented Hair Club in the negotiation of a new high-end salon space in Delray Beach. Located at 1625 S. Congress Avenue, the 5,372 square foot space will accommodate customer consultations and visits for hair loss solutions. Salon locations such as this have enabled the company to help more than 600,000 men and women restore and maintain their hair since 1976.
Both locations have a planned occupancy of November, 2018.
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For further information, please contact:
Paola Iuspa-Abbott on behalf of Colliers International South Florida
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