Butters, PEBB Enterprises Acquire Boca Raton Office Buildings
Butters and PEBB plan to enhance the buildings through strategic upgrades and repositioning efforts designed to attract new tenants and elevate the overall tenant experience.
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Butters and PEBB plan to enhance the buildings through strategic upgrades and repositioning efforts designed to attract new tenants and elevate the overall tenant experience.
In a region where capital relationships matter, the bank’s expansion signals that West Palm Beach is no longer just benefiting from spillover growth. It is becoming a banking and business destination in its own right.
The master-planned development will also include 401 multifamily residences, approximately 426,764 square feet of essential and service-oriented retail, and a 125-key lifestyle hotel.
The expansion would bring the property to 162,537 square feet.
The purchase incudes two office buildings totaling nearly 206,000 square feet, along with a 2.13-acre vacant parcel.
Office sales volume in Broward jumped 93 percent to nearly $651.5 million.

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