First Trophy Office Project In 25 Years Breaks Ground In Boca Raton
The project will feature 140,000 square feet of premier office, retail, and hospitality space.
The project will feature 140,000 square feet of premier office, retail, and hospitality space.
The 15,737-square-foot headquarters lease marks Stream Florida’s fifth Boca Raton deal in 2025, totaling approximately 150,000 square feet, with additional transactions anticipated to close by the end of the year.
The campus currently features a 76,761-square-foot office building occupied by Mutual of America.
The project encompasses over 405,000 square feet of existing office space across two buildings, two ground-up retail and restaurant outparcel buildings totaling approximately 21,500 square feet, a nearly 37,000-square-foot Equinox gym and 500 multifamily units.
The property totals roughly 221,700 square feet and includes a four-story parking garage with 669 spaces. About 20 percent of the office space is currently available for lease.
The tenants will be relocating from other parts of the market, ranging in size from approximately 2,000 to over 6,400 square feet.
Before joining Illustrated, he led a high-producing team at BluEdge with nearly $80 million in combined commercial and residential volume across Palm Beach County and the Treasure Coast.
Colliers’ Gary A. Gottlieb partnered with Mark M. Rubin, Bastian Schauer, and Ryan Buckner of the South Florida Investment Services Team to represent the seller.
The deal marks one of the largest medical office leases in Port St. Lucie in 2025.
The project is specifically engineered to cater to the discerning tastes of corporate tenants migrating from high-tax, high-cost environments, with a particular focus on companies exiting New York following the recent election of Mayor Mamdani.
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