266,000 SF In New Leases, Renewals Reported At Boca Raton Innovation Campus
The activity includes three new leases and two renewals from tenants spanning healthcare, tech, and education sectors.
The activity includes three new leases and two renewals from tenants spanning healthcare, tech, and education sectors.
The executed deals include two lease renewals, one expansion, and seven new leases, all of which were for Miami Tower’s newly completed spec suites.
City approval includes permits for 1,243 residential units, 125,000 square feet of retail space, a 140-room hotel, a 55,000-square-foot entertainment arena with seating for 5,000 people, and 85,000 square feet of medical offices.
Mike Davis, Dominic Montazemi, Mike McDonald, Miguel Alcivar, Rick Brugge, Rick Colon, and Adam Spies of Cushman & Wakefield represented the seller, USPO Miami, LLC, in the transaction.
New York-based DRA Advisors bought the 1.7 million-square-foot office park
Gian Rodriguez, Wayne Ramoski and Skyler Stein of Cushman & Wakefield represented four different landlords in the marketing and lease negotiations of the assets, which are spread across four different submarkets.
Cushman & Wakefield Managing Director Gordon Messinger represented building owner DRA Advisors, LLC in the long-term lease renewal. CLICK ON THE HEADLINE FOR MORE
The portfolio totals 357,466 square feet. CLICK ON THE HEADLINE FOR MORE
Banyan Street Capital and DRA Advisors LLC intend to reposition the site as a mixed-use development. CLICK ON THE HEADLINE FOR MORE
The retail property last sold for $22 million in 2008. CLICK ON THE HEADLINE FOR MORE
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.
