Boca Office Landmark Changes Hands For $78.88 Million
The 286,890-square-foot office property also secured $82.1 million in buyer financing from City National Bank of Florida.
The 286,890-square-foot office property also secured $82.1 million in buyer financing from City National Bank of Florida.
The office building portfolio totals 354,376 square feet across 23.1 acres.
He brings more than a decade of commercial real estate experience to CBRE, most recently serving as Senior Vice President at Related Ross in West Palm Beach.
The move will end Greenberg Traurig’s four-decade presence at Phillips Point.
Delivered in February 2020, the hotel is the only waterfront hotel in West Palm Beach offering direct proximity to Palm Harbor Marina.
The 8.25-acre property includes a 41,981-square-foot educational facility overlooking Clear Lake.
The property totals roughly 221,700 square feet and includes a four-story parking garage with 669 spaces. About 20 percent of the office space is currently available for lease.
Completed in 2000, 1100 Banyan houses Scripps’ WPTV news studio and office space. Scripps will lease-back the entire property for a minimum of two and a half years.
South Florida commercial real estate’s top talent and transformative projects honored during signature event. Manny De Zarraga received the Lifetime Achievement Award.
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