The Town Square project involves the $118 million renovation of the historic Boynton Beach High School into an Arts and Cultural center, a Children’s Schoolhouse Museum, a fire station, police station, residential, retail, hospitality, public amenities, parking garages, a library, and a new City Hall to create positive community and economic impact.
In business for 23 years with offices located in Fort Lauderdale, Miramar and Boynton Beach, Berger Commercial Realty currently leases and manages the 100,316-square-foot, 7-story Class A office building, soon to be the new home of the company.
The asset totals 259,458 square feet on 14.31 acres in Broward County’s Cypress Creek submarket.
Here are the most popular news headlines this past week on CRE-sources.
Stigliano was also able to refer the Buyer to a lender that specialized in medical owner-occupied buildings. The lender provided the first mortgage which included additional funds for tenant improvements at a very low interest rate which made the transaction even more attractive.
Comerica Bank anchors the asset.
Here are the most popular news headlines this past week on CRE-sources.
Miami-Dade County’s Office of the Property Appraiser announced on Thursday that it will consider landlords’ financial losses when assessing 2021 fair market values.
He brings more than 20 years of experience to Colliers, and he has been involved in the acquisition, disposition, and capitalization of more than $2 billion in commercial real estate that spans all asset types and capital structures.
The main event will be Wednesday, January 13th from 9 am to 12 noon via Zoom.