Market Spotlight: Pelican Bay Financial Center

Completed in 1995, the five-story Pelican Bay Financial Center was built to house the headquarters of WCI Communities, the upscale real estate developer that merged earlier this year with Miami-based Lennar Corp.

Today, the 8889 Pelican Bay Blvd. building is among a select group of Class A offices in Collier County. Tenants include Morgan Stanley, Raymond James Financial, Huntington Bank and Henderson Franklin. The building is located at the entrance to Pelican Bay, one of the most affluent residential communities in all of Florida.

“We describe this building as the best of the best in every way,” says Dave Wallace, a senior vice president with commercial real estate brokerage firm CRE Associates, which leases the property.