Major Investor Pays $62M For Boca Raton Office Complex
The acquisition represents a notable diversification of the buyer’s South Florida holdings.
The acquisition represents a notable diversification of the buyer’s South Florida holdings.
J.P. Morgan and Hudson Bay Capital provided financing for the 97% pre-leased mixed-use destination
in Downtown Delray Beach.
Colliers announced that Scott Allen has joined the firm as Senior Vice President, based in its Fort Lauderdale office. Allen brings more than 27 years of commercial real estate experience, specializing in tenant representation and strategic advisory services for clients throughout South Florida and across the country. “Scott is one of South Florida’s most respected […]
Two companies have committed to space within Fort Lauderdale’s pioneering mass timber office project, marking an important leasing milestone for the emerging mixed-use district.
Upon completion in 2028, the eight-story, approximately 200,000-square-foot development will deliver premier office and retail space to the PGA corridor, where there are no other new office projects in the pipeline. Construction is scheduled to begin August 2026.
Read on for the most popular news headlines this past week on CRE-sources.
The property sold for $40 million.
The team secured the financing through Wells Fargo.
JLL Senior Managing Director Doug Okun and Executive Managing Directors Zach Winkler and Steven Hurwitz represented the ownership group, Vanderbilt Office Properties, in the new lease transactions and renewals.
Easton & Associates Vice President Andrew Easton represented the landlords in all transactions.
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