Landmark Mixed-Use Property In Boca Trades
The buyers plan to reposition the streetscape environment, including the retail tenancy and merchandising mix.
The buyers plan to reposition the streetscape environment, including the retail tenancy and merchandising mix.
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.
CBRE’s John Criddle, Joe Freitas and Max Pawk will serve as exclusive leasing agents.
The leases total just over 30,000 square feet.
The company will now occupy the entire top floor of 1489 W. Palmetto Park Road, totaling 30,000 square feet.
The multi-phase project will encompass approximately 2.5 million square feet of new commercial, residential, and hotel product once complete.
CBRE’s John Criddle, Joe Freitas, and Max Pawk will lead local marketing and leasing efforts on behalf of the landlord.
Colliers’ Executive Vice President Derek Baker represented the tenant in negotiating the deal. CBRE’s Joe Freitas, John Criddle and Max Pawk represented the landlord, Grover Corlew, in the lease negotiations.
CBRE’s Gordon Messinger, Joe Freitas, and Max Pawk represented Cypress Corporate Center ownership, HS Capital, in each of the transactions. Both Morgan Fidelity Associates and Control Point Associates were represented by Michael Feuerman and Daniel Silver with Berger Commercial Realty.
John Criddle, Joseph Freitas, and Max Pawk with CBRE facilitated lease negotiations on behalf of ownership, South Florida-based real estate investment group Grover Corlew.
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.
