Family offices moving to Palm Beach County in 2026 face a timing problem: the principals are here now, but downtown West Palm Beach has almost no high-end space available until new towers open in 2027. Quest Workspaces West Palm Beach, at 515 North Flagler Drive, Suite 350, fills that gap with private offices, coworking, virtual offices, and meeting rooms overlooking the Intracoastal.
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At a glance |
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Address |
Northbridge Center, 515 N Flagler Drive, Suite 350, West Palm Beach, FL 33401 |
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Views |
Intracoastal Waterway and Palm Beach Island |
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Building |
11,000 sq ft rooftop garden, gym, salon, valet |
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Best for |
Single-family offices, RIAs, hedge and private equity funds, trust and estate attorneys |
Why are family offices moving to West Palm Beach?
The money is moving here. Palm Beach County ranked first in the nation for net income gained through domestic migration, about $22.7 billion between 2019 and 2023, and Wells Fargo relocated its county wealth-management headquarters to One Flagler for about 100 senior executives (MIAMI REALTORS + RWorld).
How hard is it to find office space downtown?
Very. Downtown West Palm asking rents hit $98.13 per square foot in Q3 2026, with Class A at $117.77, and true downtown vacancy is closer to 8.5% once leased-but-empty space is counted (Cushman & Wakefield). Relief is coming, with One West Palm, 15 CityPlace, and The Modern in the pipeline, but much of that space is preleasing and The Modern is not due until late 2027.
What does a family office need from its first space?
Discretion, a polished place to receive principals and advisors, and flexibility while the team is still forming. A private office at Northbridge Center offers a closed door and a staffed reception that screens visitors. Boardrooms handle investment committee meetings. A virtual office can hold the address for an entity while the principals work from home on the island.
Frequently asked questions
Can a family office start in a flexible workspace? Yes. Many start with one or two private offices and a meeting room, then move once the team and permanent space are set.
When will new office towers open in West Palm Beach? Several are in the pipeline, including One West Palm and 15 CityPlace, with The Modern slated for late 2027.
Where is the Northbridge Center? At 515 North Flagler Drive on the waterfront, near Clematis Street and the Kravis Center.
