Grover Corlew Purchases Downtown Boca Raton Office Tower In Off-Market Deal
The real estate investment management group purchased the 109,497-square-foot building for $44.6 million.
The real estate investment management group purchased the 109,497-square-foot building for $44.6 million.
C&W’s Mike Davis, Rick Brugge, Rick Colon and Dominic Montazemi of Cushman & Wakefield represented the seller in the transaction with support from Zachary Eicholtz and Brooke Tulley.
The four-story buildings total 498,073 square feet.
The building totals 107,304 square feet.
Mike Davis, Executive Director of Cushman & Wakefield of Florida, represented McCraney Property Company in the transaction. CLICK ON THE HEADLINE FOR MORE
The asset was acquired by Mississippi-based EastGroup Properties. CLICK ON THE HEADLINE FOR MORE
The property’s largest tenant at 136,000 square feet has a lease agreement until 2021. CLICK ON THE HEADLINE FOR MORE
The portfolio comprises 38 buildings on 16 sites totaling nearly 54 acres. CLICK ON THE HEADLINE FOR MORE
The asset was acquired by Boca Raton-based IP Capital Partners, LLC for $286 per square foot. CLICK ON THE HEADLINE FOR MORE
A member company of Zurich North America purchased the asset. CLICK ON THE HEADLINE FOR MORE
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