Excel Construction Completes 61,000-SF Expansion For Aviation Company Headquarters
With the expansion, the company now occupies 104,996 square feet.
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With the expansion, the company now occupies 104,996 square feet.
The move is slated for January 2022.
Calum Weaver, Perry Synanidis and Garrett Pordes of Cushman & Wakefield represented the seller, 3T Country Club Village LP, in the transaction.
The project will add 244 new affordable senior housing units in Sweetwater.
Foundry and HighBrook purchased the property from a family business unit that had owned AIC for more than 20 years.
Alex D. Zylberglait, Senior Managing Director of Investments in Marcus & Millichap’s Miami office, had the exclusive listing to market the property on behalf of the seller, a private investor. The buyer, a private investor, was also secured and represented by Zylberglait.
The development site will be home to The M Tower, an approved 53-story, 440-unit apartment tower.
The tenant leased the entirety of Building Two and half of Building One.
As part of the agreement, Boynton Beach’s Department of Economic Development and Strategy will provide a one-time $50,0000 grant for programming within the space.
The transaction was brokered by Jordan Gimelstein and David Spitz of Koniver Stern Group.
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