Womens Fashion Brand Renews 42,500 SF Office In Boca Raton For HQ
Colliers’ Scott Brenner and Derek Baker represented the tenant in negotiating the long-term lease renewal. CBRE’s Kirk Nelson represented the landlord.
Colliers’ Scott Brenner and Derek Baker represented the tenant in negotiating the long-term lease renewal. CBRE’s Kirk Nelson represented the landlord.
Darcie and Caroline will work as a team based in the Boca Raton office, focusing on all aspects of office leasing services.
The Palm Beach office building previously housed private wealth firm Bessemer Trust.
CBRE’s John Criddle, Joe Freitas, and Max Pawk will lead local marketing and leasing efforts on behalf of the landlord.
Seventy percent of funds will be allocated to industrial properties in Florida, the Carolinas, Tennessee and Georgia, and the remainder will be divided equally between Florida office and medical office buildings.
Colliers’ Executive Vice President Derek Baker represented the tenant in negotiating the deal. CBRE’s Joe Freitas, John Criddle and Max Pawk represented the landlord, Grover Corlew, in the lease negotiations.
The asset last sold for $99.5 million.
Located at 3600-3998 FAU Blvd., the Research Park includes a total of 308,305 square feet of office space. It is the only state university-affiliated research park in South Florida and considered a premier technology business incubator for the region.
Under the proposal, the project will feature 117,000 square feet of office space in seven stories and 557 parking spaces in six stories.
The JV will expand their portfolio with the development of five Class A medical office buildings in Florida.
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