Boca Raton office building sells for $23.67m

8 June 2018

A partnership between Mainstreet Capital Partners and an investment fund managed by The Davis Companies sold a class A office building in Boca Raton, Florida, for $23.675m. The 115,986 sq ft building was purchase by a partnership between local investors and a national investment fund. The property is located within The Park at Broken Sound, a 700 acre mixed-use commercial/residential park. Built in 1989, the five-story building was most recently renovated in 2015 and is 79 percent leased to tenants like CSL Plasma and Geosyntec. Holliday Fenoglio Fowler represented the seller and procured the buyer.

Example banner for displaying an ad. It can be higher.