Baptist Health South Florida signed a big lease at the Boca Raton Innovation Campus (BRIC) to house the office operations of Boca Raton Regional Hospital.CBRE’s Jeff Kelly represented landlord Crocker Partners in signing the 37,982-square-foot lease with Baptist Health, which worked with CBRE’s Scott Brenner. Baptist Health’s office will be in building 4960.
The deal will allow the nonprofit hospital to utilize more space on its main campus for medical care, as opposed to administrative functions.
BRIC is one of the largest office campuses in Florida, totaling 1.7 million square feet.
“It really is a testament to what Boca Raton Innovation Campus represents: forward thinking design and amenities, sustainability, location, commutability – all to create an attractive environment for life sciences and technology companies to succeed and innovate,” said Angelo Bianco, managing partner at Crocker Partners. “We are pleased to welcome Baptist Health to campus to support their future successes and build upon the culture that first attracted them to BRIC.”
Crocker Partners owns the property in a joint venture with Siguler Gulf and Rialto Capital.
They recently began $100 million in capital improvements to the property, including the additions of a STEAM lab, a food hall, a wellness center, and a performance hall.
Boca Raton Regional Hospital aims to expand its campus, including with the construction of a patient bed tower and a medical office building.Source: SFBJ
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