Colliers Awarded Leasing Of Research Park At FAU In Boca Raton
Colliers’ Derek Baker, Gary A. Gottlieb, and Marc Fechter will lead leasing opportunities.
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Colliers’ Derek Baker, Gary A. Gottlieb, and Marc Fechter will lead leasing opportunities.
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.
The FAU Research and Development Park hosts 24 technology companies in approximately 310,000 square feet of buildings. CLICK ON THE HEADLINE FOR MORE
The transactions included numerous new leases and a sale transaction.
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.
Scott O’Donnell of Cushman & Wakefield represented PEBB in the sale.
Alan Lipsky and Barry Wolfe of Marcus & Millichap represented PEBB and Banyan in the transactions.
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The portfolio consists of seven multi-tenant office buildings totaling 308,305 square feet.
During 2013, Martin was able to successfully complete $80 million of leases totaling 669,868 square feet spanning 43 transactions. CLICK ON THE HEADLINE FOR MORE