FirstService Residential Signs Lease For 11,200 SF In Boca Raton
Colliers Executive Director Robert Listokin brokered the lease on behalf of the tenant FirstService Residential.
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Colliers Executive Director Robert Listokin brokered the lease on behalf of the tenant FirstService Residential.
Tenant delivery is anticipated to begin in the first-quarter 2024.
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As the largest design campus of its kind, DCOTA showcases more than 775,000 square feet and is home to more than 35 luxury interior and design showrooms.
The 103,000-square-foot warehouse project is a joint venture between Orlando-based Cadence Development Partners and New York-based Clarion Partners.
Plans call for a midrise design and programming for 252 residential units across studio, one, two, three and four-bedroom units as well as over 300 parking spaces.
Cushman & Wakefield’s Donna Korn and Beau Ladwig represented the landlord, YMP Real Estate Management, in the lease negotiations. Matt Avelar of Warehouse Realty represented Conversion Media Group.
Gian Rodriguez, Wayne Ramoski, and Skylar Stein of Cushman & Wakefield will oversee leasing efforts for both speculative and build-to-suit development on behalf of the developer and owner, Bridge Industrial.
The transaction equated to $176,944 per unit.
Here are the most popular news headlines this past week on CRE-sources.
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