The property is 97% leased and anchored by Publix, which completed a full knock-down/rebuild of its store in 2022, expanding the premises to 48,387 square feet and signing a new 20-year lease term.
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 10-story building is considered one of the premier office properties in Boca Raton.
Dallas-based L&B Realty Advisors acquired the asset. CLICK ON THE HEADLINE FOR MORE
The city offered $56,000 in economic incentives. CLICK ON THE HEADLINE FOR MORE
Michael Erickson, Ryan Nunes, Scott Allen and Shay Pope negotiated the deals. CLICK ON THE HEADLINE FOR MORE
The buyer is a leading independent owner and operator of wireless communications infrastructure across North, Central and South America, which plans to use the building as their corporate headquarters. CLICK ON THE HEADLINE FOR MORE
The building was 86% leased at the time of the sale. CLICK ON THE HEADLINE FOR MORE
Recent sales total more than 13,000 square feet. CLICK ON THE HEADLINE FOR MORE
The mixed-use project is expected to be between 250,000sf and 500,000sf and run in the $250 million to $450 million range. CLICK ON THE HEADLINE FOR MORE ON THIS STORY
CRE-sources, Inc. is committed to ensuring that individuals with disabilities can access all of the goods, services, facilities, privileges, advantages, and accommodations that we offer through our website.If you are having trouble accessing the website, please call us at 954.290.3866 for assistance.
