Marcus & Millichap announced the sale of two office buildings in Boca Raton.
Branded as The Greenhouse, the buildings are located at 5255 and 5301 North Federal Highway in Boca Raton. The assets sold for a combined $15,675,000.
“The transaction of these office buildings demonstrates the continued strength of the office market and investor demand for office buildings in South Florida,” said Douglas Mandel, executive managing director investments. “Boca Raton has witnessed significant population growth in recent years, and the demand for leasing space remains strong,” continued Mandel.
Mandel and Zach Levine, investment specialists in Marcus & Millichap’s Fort Lauderdale office, had the exclusive listing to market the property on behalf of the seller, Wigder Investment Group, and procured the buyer, Bark Management.
The multi-story buildings comprise approximately 93,000 square feet and sit on approximately 5-acres at the corner of North Federal Highway (US-1) and Yamato Road, near the Interstate-95 interchange. The Greenhouse brand aims to provide start-up businesses with flexible, turnkey space at affordable prices.
The properties include private offices ranging from individual suites to multi-office suites, spanning from 150 to 5,000 square feet. They are currently 96% occupied. The buildings feature a café, lobby, conference rooms, on-site property management and ample parking. The Greenhouse caters to Boca Raton’s growing start-up industry and is situated in the heart of growth and rejuvenation in the immediate area, including the newly opened Brightline station.
00SFOBA STAFFhttps://dev.sfoba.com/wp-content/uploads/2026/08/SFOBA-logo-sharpened-transparent.pngSFOBA STAFF2024-06-16 09:48:172024-06-16 09:48:17Marcus & Millichap Facilitates Sale Of Two Boca Raton Office Buildings
Office space provider International Workplace Group will open an outpost in Boca Raton, as part of an expansion in suburban and coastal areas of Florida.
International Workplace Group leased 13,000 square feet at 6501 Park of Commerce Boulevard, where it will operate through its Regus brand, according to the tenant’s news release. The branch is expected to open “soon,” according to the company’s website.
Led by Mark Dixon, International Workplace Group expanded to seven other outposts in Florida in a push to bring co-working and private offices, as well as meeting rooms to areas where workers generally have to drive to bigger cities for work.
The expansion brings the firm’s Florida footprint to 86 outposts.
00SFOBA STAFFhttps://dev.sfoba.com/wp-content/uploads/2026/08/SFOBA-logo-sharpened-transparent.pngSFOBA STAFF2024-06-09 08:58:282024-06-09 08:58:28International Workplace Group Leases 13,000 SF In Boca
As a reflection of its continued expansion and growth, Basis Industrial, a privately held and vertically integrated real estate owner and operator, purchased the 2,272-square-foot property at 347 NE 5th Ave in Delray Beach on May 24th for $1.57 million.
This will serve as Basis Industrial’s new headquarters. Basis’ current headquarters is in Boca Raton.
Basis President/COO Anthony Scavo represented the company in the transaction. Scott Pressman of The Keyes Company represented the seller. Banesco is providing financing for the purchase.
This move comes as the company has quickly expanded its presence nationally and needed a larger office space to accommodate its continued growth. Basis currently has 35 employees, up from just three in December 2020. In 2023, Basis Industrial was ranked No. 1 on South Florida Business Journal’s 2023 “Fast 50” list — the 50 fastest-growing private companies in South Florida.
The two-story, freestanding building is nestled just off the bustling Atlantic Avenue in downtown Delray Beach, providing an ideal space for Basis’ corporate headquarters. It includes ample private parking onsite, abundant storage areas, a large kitchen/break area, three bathrooms (one with a shower), impact windows throughout, three A/C systems, a newer roof and newer flooring.
Basis plans to build out the interior office space. With an open, modern concept, Basis also plans to hire a local mural artist to design and install a mural. Renovations will start in three months and are expected to be completed in six months. Basis plans to move into its new headquarters by the end of 2024.
“We are thrilled to continue Basis Industrial’s expansion with the purchase of our new headquarters in downtown Delray Beach,” said Scavo. “It was important to find the right space that would match our current and expected future growth. We are very happy with the convenient location right off Atlantic Avenue in Palm Beach County.”
00SFOBA STAFFhttps://dev.sfoba.com/wp-content/uploads/2026/08/SFOBA-logo-sharpened-transparent.pngSFOBA STAFF2024-06-02 16:40:202024-06-02 16:40:20Basis Industrial Expands, Purchases New Headquarters In Downtown Delray Beach
A fresh call for ideas has been released by Margate’s Community Redevelopment Agency for developers to revitalize up to 51.38 acres of land that is held by the public.
A statement from Colliers and the city states that the 27 non-contiguous lots are designated for 980 residential units, 500 hotel rooms, 1.28 million square feet of retail space, 861,331 square feet of office space, and 309,659 square feet of industrial space.
According to Ken Krasnow, vice chair of institutional investor services for Collier’s Florida area, about 34 acres of that collection are undeveloped. This includes the 17-acre property that was formerly home to the Lake Shore Swap Shop at 1000 N. State Road 7.
Krasnow, along with Colliers brokers Brooke Mosier, Bastian Schauer, and Mark Rubin, are assisting Margate’s CRA with the request for proposals (RFP), which officially went out this week.
The CRA owns two commercial complexes among the plots put up for renovation, he continued, along with “various government facilities” like Margate’s city hall and library.
According to Krasnow, the city wants to create a mixed-use neighborhood with retail, dining, and entertainment options—amenities that are scarce in Margate itself. Proposals to build a new city hall, library, and community center are also welcomed.
In order to do this, the city and CRA are looking to enter into a long-term lease agreement with a developer who can offer a well-thought-out city center that can accommodate locals and tourists while adhering to zoning regulations. This includes an eight-story maximum height.
“They want something that has that kind of urban aesthetic,” Krasnow said. “It has to have a walkable feel to it, a downtown environment.”
Margate is open to proposals for some workforce housing as well, but the city is particularly interested in a developer that will build market-rate rentals or condos.
Developers have until August 13 to submit their proposals. On June 25, Colliers will hold a virtual pre-bid conference.
00SFOBA STAFFhttps://dev.sfoba.com/wp-content/uploads/2026/08/SFOBA-logo-sharpened-transparent.pngSFOBA STAFF2024-05-27 10:35:032024-05-27 10:35:03Margate Seeks Developer For Massive Mixed-Use Project With Plans For Nearly 1MSF Of Office Space
J.P. Morgan Chase is the latest financial player to plant a flag in West Palm Beach.
The banking giant signed a lease at Related Companies’ 360 Rosemary office building, the landlord announced. The square footage was not disclosed.
Situated on seven acres near the intersection of PGA and RCA boulevards, the eight-story office building will feature column-free, 25,000-square-foot floor plates; fine dining restaurant; 7,000 square feet of quick-serve restaurants and retail, fitness center; conference center, rooftop patio and 838 covered garage parking spots along with EV charging stations. PGA Tower’s offices will feature 10-foot, floor-to-ceiling windows with hurricane-resistant glass, full generator back-ups and building top signage.
00SFOBA STAFFhttps://dev.sfoba.com/wp-content/uploads/2026/08/SFOBA-logo-sharpened-transparent.pngSFOBA STAFF2024-05-19 19:11:122024-05-19 19:11:12JP Morgan Chase Inks Office Deal In West Palm
Haber Law opened a 3,153-square-foot office on the seventh floor of the Plaza 100 building in Fort Lauderdale at 100 N.E. Third Ave. on May 1. Led by senior partners Marnie Dale Ragan and Darrin Gursky, the Fort Lauderdale office includes six attorneys specializing in condo and homeowners association law and litigation plus a paralegal, said David Haber, founder and managing partner of Haber Law.
Haber Law’s Palm Beach County office will open June 3 in the Wells Fargo Center at 4440 PGA Blvd., Suite 201 in Palm Beach Gardens. The Palm Beach Gardens office, which is a sublet space, will be led by Daniel Levin, a partner at Haber Law since early May. Levin was previously a partner at Cole, Scott & Kissane for the past 14 years.
Haber Law’s main headquarters is in a 70-year-old, one-story, 7,662-square-foot building at 251 N.W. 23rd St. in Miami’s Wynwood.
00SFOBA STAFFhttps://dev.sfoba.com/wp-content/uploads/2026/08/SFOBA-logo-sharpened-transparent.pngSFOBA STAFF2024-05-12 21:44:042024-05-12 21:44:04Miami Law Firm Expands, Establishes New Offices In Broward And Palm Beach
Marcus & Millichap Facilitates Sale Of Two Boca Raton Office Buildings
/in Done Deals, News/by SFOBA STAFFMarcus & Millichap announced the sale of two office buildings in Boca Raton.
Branded as The Greenhouse, the buildings are located at 5255 and 5301 North Federal Highway in Boca Raton. The assets sold for a combined $15,675,000.
Mandel and Zach Levine, investment specialists in Marcus & Millichap’s Fort Lauderdale office, had the exclusive listing to market the property on behalf of the seller, Wigder Investment Group, and procured the buyer, Bark Management.
The multi-story buildings comprise approximately 93,000 square feet and sit on approximately 5-acres at the corner of North Federal Highway (US-1) and Yamato Road, near the Interstate-95 interchange. The Greenhouse brand aims to provide start-up businesses with flexible, turnkey space at affordable prices.
The properties include private offices ranging from individual suites to multi-office suites, spanning from 150 to 5,000 square feet. They are currently 96% occupied. The buildings feature a café, lobby, conference rooms, on-site property management and ample parking. The Greenhouse caters to Boca Raton’s growing start-up industry and is situated in the heart of growth and rejuvenation in the immediate area, including the newly opened Brightline station.
International Workplace Group Leases 13,000 SF In Boca
/in Done Deals, News/by SFOBA STAFFOffice space provider International Workplace Group will open an outpost in Boca Raton, as part of an expansion in suburban and coastal areas of Florida.
International Workplace Group leased 13,000 square feet at 6501 Park of Commerce Boulevard, where it will operate through its Regus brand, according to the tenant’s news release. The branch is expected to open “soon,” according to the company’s website.
Led by Mark Dixon, International Workplace Group expanded to seven other outposts in Florida in a push to bring co-working and private offices, as well as meeting rooms to areas where workers generally have to drive to bigger cities for work.
The expansion brings the firm’s Florida footprint to 86 outposts.
Source: The Real Deal
Basis Industrial Expands, Purchases New Headquarters In Downtown Delray Beach
/in Done Deals, News/by SFOBA STAFFAs a reflection of its continued expansion and growth, Basis Industrial, a privately held and vertically integrated real estate owner and operator, purchased the 2,272-square-foot property at 347 NE 5th Ave in Delray Beach on May 24th for $1.57 million.
This will serve as Basis Industrial’s new headquarters. Basis’ current headquarters is in Boca Raton.
Basis President/COO Anthony Scavo represented the company in the transaction. Scott Pressman of The Keyes Company represented the seller. Banesco is providing financing for the purchase.
This move comes as the company has quickly expanded its presence nationally and needed a larger office space to accommodate its continued growth. Basis currently has 35 employees, up from just three in December 2020. In 2023, Basis Industrial was ranked No. 1 on South Florida Business Journal’s 2023 “Fast 50” list — the 50 fastest-growing private companies in South Florida.
The two-story, freestanding building is nestled just off the bustling Atlantic Avenue in downtown Delray Beach, providing an ideal space for Basis’ corporate headquarters. It includes ample private parking onsite, abundant storage areas, a large kitchen/break area, three bathrooms (one with a shower), impact windows throughout, three A/C systems, a newer roof and newer flooring.
Basis plans to build out the interior office space. With an open, modern concept, Basis also plans to hire a local mural artist to design and install a mural. Renovations will start in three months and are expected to be completed in six months. Basis plans to move into its new headquarters by the end of 2024.
Margate Seeks Developer For Massive Mixed-Use Project With Plans For Nearly 1MSF Of Office Space
/in News/by SFOBA STAFFA fresh call for ideas has been released by Margate’s Community Redevelopment Agency for developers to revitalize up to 51.38 acres of land that is held by the public.
A statement from Colliers and the city states that the 27 non-contiguous lots are designated for 980 residential units, 500 hotel rooms, 1.28 million square feet of retail space, 861,331 square feet of office space, and 309,659 square feet of industrial space.
According to Ken Krasnow, vice chair of institutional investor services for Collier’s Florida area, about 34 acres of that collection are undeveloped. This includes the 17-acre property that was formerly home to the Lake Shore Swap Shop at 1000 N. State Road 7.
Krasnow, along with Colliers brokers Brooke Mosier, Bastian Schauer, and Mark Rubin, are assisting Margate’s CRA with the request for proposals (RFP), which officially went out this week.
The CRA owns two commercial complexes among the plots put up for renovation, he continued, along with “various government facilities” like Margate’s city hall and library.
According to Krasnow, the city wants to create a mixed-use neighborhood with retail, dining, and entertainment options—amenities that are scarce in Margate itself. Proposals to build a new city hall, library, and community center are also welcomed.
In order to do this, the city and CRA are looking to enter into a long-term lease agreement with a developer who can offer a well-thought-out city center that can accommodate locals and tourists while adhering to zoning regulations. This includes an eight-story maximum height.
Margate is open to proposals for some workforce housing as well, but the city is particularly interested in a developer that will build market-rate rentals or condos.
Developers have until August 13 to submit their proposals. On June 25, Colliers will hold a virtual pre-bid conference.
Source: SFBJ
JP Morgan Chase Inks Office Deal In West Palm
/in Done Deals, News/by SFOBA STAFFJ.P. Morgan Chase is the latest financial player to plant a flag in West Palm Beach.
The banking giant signed a lease at Related Companies’ 360 Rosemary office building, the landlord announced. The square footage was not disclosed.
Situated on seven acres near the intersection of PGA and RCA boulevards, the eight-story office building will feature column-free, 25,000-square-foot floor plates; fine dining restaurant; 7,000 square feet of quick-serve restaurants and retail, fitness center; conference center, rooftop patio and 838 covered garage parking spots along with EV charging stations. PGA Tower’s offices will feature 10-foot, floor-to-ceiling windows with hurricane-resistant glass, full generator back-ups and building top signage.
Source: Commercial Observer
Miami Law Firm Expands, Establishes New Offices In Broward And Palm Beach
/in Done Deals, News/by SFOBA STAFFHaber Law opened a 3,153-square-foot office on the seventh floor of the Plaza 100 building in Fort Lauderdale at 100 N.E. Third Ave. on May 1. Led by senior partners Marnie Dale Ragan and Darrin Gursky, the Fort Lauderdale office includes six attorneys specializing in condo and homeowners association law and litigation plus a paralegal, said David Haber, founder and managing partner of Haber Law.
Haber Law’s Palm Beach County office will open June 3 in the Wells Fargo Center at 4440 PGA Blvd., Suite 201 in Palm Beach Gardens. The Palm Beach Gardens office, which is a sublet space, will be led by Daniel Levin, a partner at Haber Law since early May. Levin was previously a partner at Cole, Scott & Kissane for the past 14 years.
Haber Law’s main headquarters is in a 70-year-old, one-story, 7,662-square-foot building at 251 N.W. 23rd St. in Miami’s Wynwood.
Source: SFBJ