Grover Corlew Scores $30M Financing For Deerfield Beach Office Park
The building, which dropped to a low of 62% leased during the pandemic, now stands at 97% occupied with a diversified tenant roster comprising 43 tenants in 15 distinct industries.
The building, which dropped to a low of 62% leased during the pandemic, now stands at 97% occupied with a diversified tenant roster comprising 43 tenants in 15 distinct industries.
JLL Capital Markets’ Debt Advisory team representing the borrower was led by Managing Director Max La Cava, Associate Justin Ratcliffe and Analyst Abbie Kushner.
Botanic Residences is located in West Brickell/Little Havana and will deliver some of the first high-finish condominium product to the market.
The Main was fully leased within two years of delivery and remains 100% occupied today with a high-quality tenant roster of national financial institutions, leading law firms and corporate headquarters.
DWS Group initially brought the property to market in July 2025, seeking approximately $125 million. The complex last sold in 2015 for $118.55 million.
The shopping center sale price equates to more than $300 per square foot.
The 199,731-square-foot campus houses a diversified tenant roster across pharmaceutical, healthcare, aerospace, mechanical engineering, food and beverage and construction industries.
JLL Capital Market’s Debt Advisory team representing the borrower was led by Managing Director Jesse Wright and Director Joshua Odessky.
The portfolio consists of six buildings constructed between 1981 and 1982 on 7.66 acres.
The two fully leased Class A buildings total 312,834 square feet.
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