CBRE Arranges Sale, Financing Of Boca Office Building
The four-story, 93,219-square-foot boutique office building traded for $20 million.
The four-story, 93,219-square-foot boutique office building traded for $20 million.
With 10 years of brokerage experience, he is recognized as a leading expert in office space throughout Palm Beach County.
The 2-building, 170,000-square-foot campus is currently undergoing a $60 million renovation.
The portfolio is primarily located in Miami-Dade, Broward, and Palm Beach counties and stands to benefit from the Golden Glades Interchange Enhancement.
The lease deals drive total occupancy in the trophy office complex to 95 percent.
The leases total more than 11,500 square feet.
Making his return to JLL, he will join the corporate tenant representation team to serve clients across Miami-Dade, Broward, and Palm Beach counties.
The Regus facility will occupy the entire second floor of the building, spanning approximately 13,000 square feet. The space will feature 58 private offices, three meeting rooms, and a large co-working area.
Jaime Sturgis brokered all three deals, which have a combined sale price of $8.6 million.
Currently, the property is 92% leased to a diverse roster of 48 tenants.
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