Cushman & Wakefield secured $9 million in acquisition financing through Principal Life on behalf of the buyer.
The landlord was represented by Jeff Kelly and Owen Sagar of CBRE.
The deal equates to about $318 a square foot for the nearly 243,000-square-foot complex.
Butters Realty & Management office team of Caroline Fleischer, Darcie Lunsford and Sky Butters represented the law firm in the lease transaction.
The mission-critical facility will soon house approximately 900 employees that facilitate the billing, scheduling and telemedicine services for the healthcare group.
The team comes to CBRE from Cushman & Wakefield’s Boca Raton office.
The company is slated to take occupancy this month.
The approximately125,000-square-foot mixed-use project will feature four buildings with 127 residential units, approximately 8,000 square feet of retail and office space, and 20,000 square feet of green space
Formerly of Marcus and Millichap, the pair has been chosen to lead the newly formed ‘ROI Partners’ (Retail, Office, and Industrial) at SVNCP.
As part of the agreement, Boynton Beach’s Department of Economic Development and Strategy will provide a one-time $50,0000 grant for programming within the space.
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