The project is specifically engineered to cater to the discerning tastes of corporate tenants migrating from high-tax, high-cost environments, with a particular focus on companies exiting New York following the recent election of Mayor Mamdani.
The asset last sold for $99.5 million.
Under the proposal, the project will feature 117,000 square feet of office space in seven stories and 557 parking spaces in six stories.
The 10-story building is considered one of the premier office properties in Boca Raton.
He joins Tower as the fast-growing brokerage firm takes on the exclusive leasing of Crocker Partners’ 857,000-square-foot Boca Raton office portfolio, among others. CLICK ON THE HEADLINE FOR MORE
The banking giant is leasing 62,000 square feet. CLICK ON THE HEADLINE FOR MORE
But don’t expect to see office projects rising en masse on the South Florida skyline this year – lenders still see multifamily as the darling sector. CLICK ON THE HEADLINE FOR MORE
Local retailers and restaurants would also suffer from the loss of nearly 2,000 employees currently working at the office. CLICK ON THE HEADLINE FOR MORE
Crocker has acquired two high-profile office towers from MetLife Real Estate Investors. CLICK ON THE HEADLINE FOR MORE
One of the region’s largest accounting firms is expanding its size by 50 percent. CLICK ON THE HEADLINE FOR MORE
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