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Upon completion in 2028, the eight-story, approximately 200,000-square-foot development will deliver premier office and retail space to the PGA corridor where there are no other new office projects in the pipeline. Construction is scheduled to begin August 2026.
The property sold for $40 million.
A private company has signed a triple-net lease at a Congress Avenue office property, securing a sizable block of space under an agreement extending for more than a decade.
The project will include more than 120,000 square feet of Class A office space, along with over 11,000 square feet of ground-floor retail.
Eric Cantor of Cushman & Wakefield represented the landlord in the transaction. Dean Katz, Adam Bernstein and Greg Katz of Stream Realty Partners represented Travelpro.
The asset consists of two 11-story office towers and a connected structured parking facility. The property is fully leased and home to a diverse roster of national and global tenants.
The SFOBA is a network of Professional Office Leasing Brokers in South Florida. Membership is by invitation only – landlord and tenant representatives are included.
Email: admin@sfoba.com
Email: admin@sfoba.com