Larry Dinner of CBRE is the leasing representative for IDI Logistics for the new building.
Steven Hurwitz, managing director with JLL, represented the landlord partnership in the transactions.
The boutique firm was founded in 2016.
Alex Zylberglait and Michael Crocchiola, investment specialists in Marcus & Millichap’s Miami office, had the exclusive listing to market the property on behalf of the seller.
The 10-story building is considered one of the premier office properties in Boca Raton.
The 18-story tower was repositioned from a Class B to a Class A asset and is currently 61% leased.
The project will have a total cost of $25.4 million, consisting of a pair of five-story apartment buildings spread between 3.5 acres of land on the border of Miami-Dade and Broward County.
The renowned international soccer program, which is affiliated with the prominent Italian professional club Juventus F.C., is set to open a nearly one-acre facility within the third phase of Atlantic Village.
The property consists of one recently developed rear-load 32-foot clear industrial distribution building containing approximately 221,000 square feet on 11.4 acres.
The 240,669-square-foot building was 95% leased at the time of the sale.
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