Grover Corlew transformed the previously aging Class C campus positioned in the heart of Boca Raton into a modern, Class A office location with more than $30 million in renovations.
He brings more than a decade of commercial real estate experience to CBRE, most recently serving as Senior Vice President at Related Ross in West Palm Beach.
The transaction involved space that was not formally marketed for lease and provided the tenant with a facility that met its operational and financial requirements in a market where properties suited for this particular use are increasingly difficult to secure.
The transactions include 47,851 square feet of new leases and 69,913 square feet of renewals.
The suburban, campus style, professional and medical office complex totals 254,015 square feet.
A private company has signed a triple-net lease at a Congress Avenue office property, securing a sizable block of space under an agreement extending for more than a decade.
The tenant leased the entire facility.
The 0.47-acre property is in the heart of downtown Delray Beach and is among the few remaining infill industrial buildings in the city’s central business district.
“This is truly a full-circle moment for me,” said Rodriguez. “To think I was part of the original industrial team that helped with the land assemblage, marketing, and leasing of Kurv’s first Miami-Dade assets more than a decade ago, to now leading the firm’s Miami market, I feel like I’ve come home.”
The plaza sits on more than 10 acres. The property was 89% leased at the time of sale.