JLL Expands South Florida Industrial Team With Key New Hire
For the past 33 years, he has operated a successful brokerage and property management company.
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For the past 33 years, he has operated a successful brokerage and property management company.
The South Florida market continues on its upward demand trajectory for quality multifamily communities for residents and investors alike.
Construction of Midtown Place at Boca Raton will launch in early 2023, delivering the first major ground-up development of a multi-tenant Class A+ office building to the city in more than a decade. Butters expects to deliver the five-story, $70 million-plus office building by mid-2024.
In early 2023, Shutts & Bowen will relocate more than 30 employees to the 22nd floor of the building.
JLL represented the seller, Pearlmark, and procured the buyer, CS Ventures.
The development broke ground in January this year with an expected completion date in the first half of 2024.
The JLL team of Managing Directors Steven Hurwitz and Doug Okun with Associate Madeline Fine will direct leasing activity at the iconic site.
Here are the most popular news headlines this past week on CRE-sources.
The 137,579-square-foot property offers 243 parking spots, 46,000 square feet for offices and 22,000 square feet of street-level retail, most of which is leased to CVS.
Both buildings total 71,682 square feet and are situated on 2.62 acres of land.
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