A Miami-founded law firm with one of South Florida’s largest legal offices is expanding its presence in West Palm Beach, another sign that the region’s growing concentration of wealth and financial businesses is creating a new business center north of Miami.
Greenberg Traurig, one of the country’s largest law firms, has signed a 10-year lease to move its West Palm Beach office to a full floor in the new downtown 25-story office tower 15 CityPlace being built by billionaire Miami Dolphins owner Stephen Ross.
15 CityPlace is part of Related Ross’ broader investment in downtown West Palm Beach’s office and mixed-use landscape. Joining Greenberg and Taurig in the building will be Cleveland Clinic, another large law firm Shutts & Bowen, Fox Rothchild and developer Related Ross.
The firm is moving out of the well-known Phillips Point, a 1980s waterfront office building complex in West Palm Beach that Ross is spending $120 million to renovate.
Greenberg Taurig law firm will be staying put in Miami, but the prestigious firm is moving its Wet Palm Beach to prepare to expand for the future J. Albert Diaz
The new Greenberg Taurig office will accommodate more than 80 attorneys and professional staff. The firm has practices covering real estate, private equity, financial services, tax, wealth management and corporate transactions — precisely the industries associated with the region’s influx of capital.
Miami’s Greenberg Taurig is moving its West Palm Beach office into Stephen Ross’ new office tower, 15 CityPlace Related Ross
It’s more evidence that the region’s wealth migration is creating its own ecosystem. Lawyers follow banks. Banks follow investors. Investors follow companies. Companies follow executives and talent. The firms arriving in South Florida are not simply looking for modern office space: They are following their billionaire clients.
And increasingly, that chain is extending from Miami to Palm Beach.
According to the firm, the new West Palm Beach office will not supplant Miami, where it was founded in 1967 and grew to more than 3,200 lawyers in 51 offices across the United States, Europe, the Middle East, Latin America and Asia. The firm’s stature is particularly important in Florida, where Greenberg Traurig has long been one of the most prominent corporate and real estate law firms.
The office move indicates the firm plans to grow in Palm Beach County, where it has maintained an office for more than 40 years. The new office will provide a modern workplace designed to support collaboration, client service and future growth within the city’s expanding business district.
“We are excited to be part of a destination that has become a focal point for many of the sophisticated businesses and institutions shaping South Florida’s growth,” said Tracy L. Gerber., managing shareholder of Greenberg Traurig’s West Palm Beach office.
Greenberg Traurig’s Miami office remains considerably larger. The firm occupies about 128,450 square feet across five floors at the Wells Fargo Center in downtown Miami. The lease renewal, signed in 2023, was the largest office lease in Miami’s central business district in years.
The contrast is significant. The new West Palm Beach office will be about 25,000 square feet — a smaller footprint than the roughly 30,000 square feet Greenberg Traurig currently occupies at nearby Phillips Point. But the firm says the new full-floor office will be designed to accommodate future growth.
That makes the move less about replacing Miami and more about positioning the firm for the changing geography of wealth in South Florida.
The choice of 15 CityPlace is significant. The building is part of a much larger bet by Related Ross on West Palm Beach to provide office space, housing and private schools to the wealthy and the corporations relocating to Palm Beach.
Miami Dolphins owner Stephen Ross is spending millions to create luxury office space for the large companies relocating to downtown Palm Beach. PHOTO BY AL DIAZ adiaz@miamiherald.com
Recently, West Palm Beach has attracted major financial companies including Goldman Sachs, BlackRock, Point72 and GTCR. Related Ross has spent years positioning downtown as a financial center for companies and executives moving to Palm Beach County.
The office move is expected to take place in the Fall of 2027.
This story was originally published August 13, 2026 at 5:12 AM.
Luisa Yanez covers real estate and the impact of wealth migration in South Florida for the Miami Herald. In her work, she will be using both traditional reporting and AI tools.
