The transaction equated to one of the highest sales per square foot for an office building in the West Palm Beach Central Business District submarket within the last year.
Marcus & Millichap’s Doug Mandel, Zach Levine and Cody Hershey exclusively marketed the property on behalf of the seller and procured the buyer.
Completed in 2024, the project consists of two warehouses at 6450 and 6550 NW 97th Avenue on an 18.4-acre site.
In his new role, he will focus on delivering high-quality land development and senior housing services from the Boca Raton office.
The activity is comprised of three new leases, three lease renewals, and two expansions, all completed within the past three months with a range of prominent legal and financial service firms.
JLL Capital Market’s Investment Sales and Advisory team representing the seller was led by Senior Managing Director Danny Finkle, Senior Director Jorge Portela and Vice President Kim Flores.
“These new tenants bring innovative ideas and energy that perfectly complement the spirit of the campus, and we’re honored to support their growth as they help shape Miami’s tech and creative future.”
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Berkadia announced the addition of two Senior Managing Directors and a Vice President to establish the new group. The trio worked together at CBRE Capital Advisors.
Senior Vice President Steve Hyatt of Berger Commercial Realty represented the seller in the transaction.