First Trophy Office Project In 25 Years Breaks Ground In Boca Raton
The project will feature 140,000 square feet of premier office, retail, and hospitality space.
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The project will feature 140,000 square feet of premier office, retail, and hospitality space.
Expected to open in fall 2026, the 13,083-square-foot, three-story property lease marks Ketchy Shuby’s first Florida location, joining two existing locations in Lower Manhattan and Southampton, New York.
Milopoulos and Baena procured the buyer and facilitated a rapid transaction timeline.
Scott O’Donnell of Cushman & Wakefield represented PEBB in the sale.
The property is 97% leased and anchored by Publix, which completed a full knock-down/rebuild of its store in 2022, expanding the premises to 48,387 square feet and signing a new 20-year lease term.
The 4-story self-storage building consisting of approximately 749 storage units or 72,920 rentable square feet was developed by the Feldman Companies in 2024.
The project is being marketed for lease by the Berger Commercial’s Jonathan Thiel, Daniel Forman, Keith Graves, and Lawrence Oxenberg.
Alex Zylberglait and Michael Crocchiola of Marcus & Millichap and Roy Faith of FIP Commercial were the brokers in the transaction.
Andrew Lehrer and Wayne Schuchts with SRS Real Estate Partners, along with Denise Chaimovitz, MA, SIOR of Entre Commercial, represented Setna in the lease negotiations. Devin White, Tom O’Loughlin, and David Albert with CBRE represented the landlord, Dalfen Industrial.
The tenant will occupy the entire 40,838-square-foot Class A, newly constructed warehouse.
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