Grover Corlew transformed the previously aging Class C campus positioned in the heart of Boca Raton into a modern, Class A office location with more than $30 million in renovations.
“Parkson has called Crown Center home since 2008, and this renewal provides continuity for its global headquarters,” said Feuerman. “We were pleased to represent Parkson in securing its long-term commitment to the location.”
New ownership is planning significant renovation and repositioning of the highly visible property, which is being offered for lease.
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Colliers Executive Vice President Gary Gottlieb, Senior Vice President Darcie Lunsford and Client Services Specialist Cara Girardi will lead leasing and marketing efforts on behalf of the new ownership.
A newly formed freight forwarder has selected Medley for its debut, committing to a multiyear warehouse lease near Miami International Airport.
The 1.82-acre site sits approximately 1.8 miles from downtown Fort Lauderdale and 1.5 miles from Rio Vista.
He brings more than a decade of commercial real estate experience to CBRE, most recently serving as Senior Vice President at Related Ross in West Palm Beach.
The transaction involved space that was not formally marketed for lease and provided the tenant with a facility that met its operational and financial requirements in a market where properties suited for this particular use are increasingly difficult to secure.
Read on for the most popular news headlines this past week on CRE-sources.