Gatsby Florida Partners With Hedrick Brothers Construction For 220,000 SF Class A Office
The 8-story tower features 25,000-square-foot floorplates, a 10,000-square-foot fine-dining restaurant, and an exclusive tenant-only rooftop patio.
The 8-story tower features 25,000-square-foot floorplates, a 10,000-square-foot fine-dining restaurant, and an exclusive tenant-only rooftop patio.
“This refinancing reflects both the quality of the portfolio assets and continued strength of the Boca Raton office market,” PEBB Enterprises CEO Ian Weiner said.
The property, purchased for over $8.5 million, consists of two buildings totaling 35,782 square feet on 3.25 acres.
Reese Stigliano, President of Stigliano Commercial Real Estate, represented the landlord in the transaction.
The new team additions bolster Cushman & Wakefield’s capabilities in Florida’s burgeoning Treasure Coast and Space Coast regions.
He brings more than two decades of institutional experience across leasing, investment and advisory services, having overseen over $4 billion in transactions involving more than 7 million square feet of office assets across Florida’s major markets.
This transaction brings the 420,525 square feet of rentable Class A office space at the project to nearly full occupancy.
Pricing expectations exceed $200 million.
The Colliers South Florida office leasing team, led by Senior Vice President Darcie Lunsford, has been chosen to handle leasing and marketing of the 137,000-square-foot, all-glass midrise.
The property includes a one-story strip shopping center, a two-story office building and two out-parcel buildings totaling 55,000 square feet.
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