Blanca CRE Expands South Florida Office Portfolio Into Boca Raton, Greater Fort Lauderdale
The new assignments total more than 200,000 square feet.
The new assignments total more than 200,000 square feet.
Alan Lipsky and Barry Wolfe of Marcus & Millichap represented PEBB and Banyan in the transactions.
ABANCA USA and BankUnited provided the loans.
Colliers’ Derek Baker, Gary A. Gottlieb, and Marc Fechter will lead leasing opportunities.
The $14 million sale was an off-market deal.
The approved site plan encompasses over 405,000 square feet of office space in two buildings, four new retail and restaurant outparcel buildings totaling nearly 43,000 square feet, a nearly 37,000-square-foot luxury fitness facility and 500 multifamily units.
The property is being redeveloped into a mixed-use campus by Related Group, BH Group, and PEBB Enterprises.
PEBB and Banyan picked up the 23-acre site for $7.46 million.
The properties are occupied by Taco Bell and Burger King.
The leases total more than 11,500 square feet.
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.
