PEBB Enterprises Sells Boca Raton Office Building For $14 Million
The $14 million sale was an off-market deal.
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The $14 million sale was an off-market deal.
The first phase of the development will feature 180,000 square feet of creative office space in the East Building, along with 600 multifamily residential units. Additionally, experiential retail spaces will anchor the base of every building, encompassing approximately 80,000 square feet, with the total project size reaching over 800,000 square feet.
Rossen Law Firm acquired the unit for $2,115,000 or $346 per square foot and will establish its new headquarters at the location.
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Colliers’ Erin Byers, Lauren Pace, Ruben Suarez, and Steven Wasserman will lead marketing efforts for the property.
The 82,261-square-foot coolered facility, situated on a 3.34-acre lot east of Milam Dairy Road, was acquired by Iconic Equities, LLC, a Miami-based real estate investment firm specializing in Industrial Outdoor Storage (IOS) and industrial development.
The new development is slated to become one of the first infill logistics projects located along US 441.
The store serves as one of the anchor tenants in the Uptown Boca development.
The restaurant will occupy nearly 17,000 square feet.
With these acquisitions, El Car Wash now operates 65 locations with more than 300,000 active members and has over 60 additional sites in development across Florida and Michigan.
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