The Royal Poinciana Plaza in Palm Beach has welcomed two new retailers. Swedish candy shop ScandyCandy opened on Saturday, and British childrenswear boutique La Coqueta began operations last month at The Current, a retail section within the plaza, according to statements from the landlord.
ScandyCandy was established by brothers Calle and Wille Olsed. The store’s only other U.S. location is in Coral Gables. La Coqueta, which also operates a store in Charleston, South Carolina, is led by founder and creative director Celia Muñoz.
The Royal Poinciana Plaza was originally built in the 1950s and spans 192,000 square feet with luxury retail space, gardens, and two courtyards. Boston-based WS Development holds the leasehold for the property, while ownership records list a trust managed by Sidney Spiegel as the owner. The plaza is located at 340 Royal Poinciana Way. Details about the size of spaces leased by ScandyCandy and La Coqueta were not disclosed.
Separately, Herman Law has expanded its Boca Raton headquarters. The law firm now occupies 18,000 square feet at 1800 North Military Trail, an increase from its previous 10,000-square-foot office in the same building. Herman Law employs about 200 people across eight offices nationwide and plans to open another office in Baltimore.
Joe Freitas of CBRE represented the landlord in this transaction.
The four-story office building at 1800 North Military Trail is part of Boca Center’s mixed-use complex. In 2022, Macquarie Capital | Principal Finance partnered with Vanderbilt Office Properties to acquire most of Boca Center for $261.5 million; this included a $76.1 million purchase of the 1800 North Military Trail building as part of that deal. Macquarie Capital serves as the financing and investment division of Sydney-based Macquarie Group under CEO Shemara Wikramanayake; Vanderbilt Office Properties is based in Chicago and led by CEO Casey Wold.
