PEBB Enterprises and Tortoise Properties Execute Lease at Jupiter Innovation Center
PEBB Enterprises and Tortoise Properties, two privately held real estate investment groups based in Palm Beach County, recently completed the lease and a newly renovated buildout of 40,000 square feet of office space to National Dentex Labs (NDX) at Jupiter Innovation Center at 1701 Military Trail. The for-lease office building with 186,238 square feet is on 16 acres and is 98% occupied after the lease with NDX. The Jupiter Innovation Center has a mix of medical, office and research and development tenants.
“Tortoise Properties and we are excited to welcome NDX as the newest tenant to our Jupiter Innovation Center campus,” Ian Weiner says, PEBB Enterprises president and CEO. “We expect to soon fully lease the balance of very limited space.”
The new NDX headquarters supports more than 100 employees on-site, including certified dental technicians, and also serves as the central hub that backs NDX’s network of more than 60 full-service dental labs across the United States. The on-site lab offers dental prosthetics, including custom-made crowns, bridges and implant restorations. In addition, the operatory and NDX Education Center will host special continuing education events for dental professionals with guest lectures by renowned leaders in the dental industry and unique interactive experiences.
“Our new Jupiter headquarters is a showcase facility that offers a collaborative and innovative environment for our employees and the dentists we serve,” Tom Daulton says, chief executive officer of NDX. “Our robust education center will attract dentists around the country to further their training in the latest and most innovative dental practices.”
NDX employs nearly 4,000 dental professionals in the U.S. who are dedicated to serving tens of thousands of dentists, from independent dentists to the large DSOs.
“NDX is a significant addition to the dynamic roster of tenants at this property,” Jake Geleerd says, Tortoise Properties CEO. “Jupiter Innovation Center is proving to be a case study for our real estate investment strategy of teaming up with top local partners with deep roots in the community such as PEBB Enterprises to acquire and stabilize trophy assets.”
Read more at South Florida Business & Wealth Magazine.