Newmark Arranges 13,083-SF Lease for Ketchy Shuby in West Palm Beach

WEST PALM BEACH, Fla. — December 1, 2025 — Newmark announced it has arranged a 13,083-square-foot lease for New York City-based restaurant and nightlife concept Ketchy Shuby at 114 S. Olive Avenue in West Palm Beach, Florida. The transaction marks Ketchy Shuby’s first Florida location and represents the largest food-and-beverage lease in Palm Beach County year-to-date.

Lease Representation and Market Context

Newmark Managing Director Mitch Heifetz represented the tenant in the transaction. Heifetz noted that West Palm Beach continues to experience strong momentum with new office and residential development, creating a dynamic environment for hospitality growth. He said Ketchy Shuby’s arrival adds to the city’s growing roster of high-profile restaurants.

Property Details and Development Plans

The three-story property at 114 S. Olive Avenue, constructed in 1923 and renovated in 2016, will be transformed into a multi-level dining and entertainment venue. Plans include a ground-floor restaurant, a second-floor nightclub and lounge, and a rooftop venue. The location is near CityPlace, the waterfront, and other dining and entertainment destinations, with access to Interstate 95 and Palm Beach International Airport.

About Ketchy Shuby

Founded in 2023 by hospitality veteran Jamie Mulholland, Ketchy Shuby is described as a sensorial, community-focused concept that combines design, curated music and lighting. The menu features globally influenced New American cuisine with plant-based options and classic favorites. The brand operates two existing locations in Lower Manhattan and Southampton, New York. The West Palm Beach location is expected to open in fall 2026.

Sources

Newmark Press Release