Institutional Property Advisors (IPA), a division of Marcus & Millichap dedicated to serving the company’s institutional clients, announced the sale of Deerfield Financial Centre, a two-building, approximately 90,000-square-foot office portfolio in Deerfield Beach.
The property sold all cash for $11,525,000.
Douglas Mandel, IPA executive managing director investments, and Zach Levine of Marcus & Millichap represented the seller, Crown Diversified Industries Corp., and procured the buyer, Rusty Towers LLC, an affiliate of Boca Raton-based Bark Management.
The property was sold on behalf of the original developers and had been held by the family for over 40 years.
Located at the corner of West Hillsboro Boulevard and Military Trail, the buildings are within walking distance of the Deerfield Beach train station. The Deer Creek Golf Club is nearby, and both Interstate 95 and the Florida Turnpike are easily accessible.
Built in 1984 and 1985 on 5.5 acres, the Deerfield Financial Centre comprises 60 office suites ranging in size from 120 square feet to over 4,750 square feet. The property offers 366 parking spaces and features two four-lane drive-thrus equipped with pneumatic tube systems.
Lee & Associates South Florida Principal C. Todd Everett, SIOR, successfully closed the $6.5 million off-market sale of a West Palm Beach office building.
EE Properties WPB LLC acquired Palm Beach Business Center, located at 801 Northpoint Pkwy. property from FLF 801 Northpoint LLC. Everett arranged the sale on behalf of both the buyer and seller, leveraging existing relationships with both sides to make the transaction possible, with the help of Lee & Associates South Florida’s Noah Flornes.
The sale closed on June 10.
Palm Beach Business Center is a 21,150-square-foot office building specializing in executive suites and virtual offices. It is located immediately adjacent to I-95.
“In a challenging broader market, relationships are absolutely vital to get transactions like this across the finish line,” Everett said. “We can leverage such relationships to identify and execute on off-market commercial real estate investment sales opportunities throughout South Florida. We’re fortunate to be in a region with continued strong demand for well-located office buildings like Palm Beach Business Center.”
Based in the firm’s Deerfield Beach office, Everett focuses on office and industrial investment sales and leasing. With nearly three decades of industry experience, Everett brings a breadth of knowledge and a wealth of expertise and dealmaking acumen to Lee & Associates South Florida.
“C. Todd Everett did an exceptional job creating this off-market opportunity for both parties in the transaction,” Lee & Associates South Florida President Matthew Rotolante said. “This deal demonstrates what can be accomplished when combining a dedicated broker’s experience, relationships and market knowledge with the resources and support our firm provides.”
00SFOBA STAFFhttps://dev.sfoba.com/wp-content/uploads/2026/08/SFOBA-logo-sharpened-transparent.pngSFOBA STAFF2025-06-15 17:17:382025-06-15 17:17:38Lee & Associates South Florida Brokers Off-Market Office Building Sale In West Palm Beach
Lake Shore Plaza II, a premier Class A office building located at 1300 Concord Terrace in Sunrise, has welcomed its newest tenant, Century Cruise Line, which has signed a lease for 7,197 square feet of office space.
The transaction was facilitated by Chris Gallagher of Blanca Commercial Real Estate, who represented the landlord in the deal. Marshall Chandler and Gus Martinez of CMV Commercial / The Martinez Team represented Century Cruise Line in securing their new South Florida office.
Strategically positioned in the thriving Sawgrass Corporate Park, Lake Shore Plaza II offers modern amenities, ample parking, and convenient access to I-75, I-595, and the Sawgrass Expressway, making it an ideal location for corporate tenants seeking Class A office space in Broward County.
“Century Cruise Line was looking for a location that aligned with their growth and brand identity, and Lake Shore Plaza II checked all the boxes,” said Chandler. “The building offers both visibility and functionality, which made it a natural fit for their operational expansion.”
The property continues to attract high-profile tenants with its combination of location, quality, and on-site amenities.
00SFOBA STAFFhttps://dev.sfoba.com/wp-content/uploads/2026/08/SFOBA-logo-sharpened-transparent.pngSFOBA STAFF2025-06-01 17:15:032025-06-01 17:15:03Century Cruise Line Inks 7,000-SF Lease In Sunrise
Chicago-based Bradford Allen Investment Advisors has made its second splash in the South Florida office market with its purchase of One Clearlake Centre office tower from Rockpoint Group for $45 million, according to property records provided by Vizzda.
The company intends to invest an additional $10 million into refurbishing the property, which currently has a 62% occupancy rate, as part of a value-add strategy.
The 221,000-square-foot building was purchased in 2021 for $60.7 million by Rockpoint Group in partnership with Tricera Capital, NDT Development, and New England Development. Despite efforts, occupancy has remained stagnant, resulting in a nearly 26% loss on the recent sale.
Built in 1986 and located at 250 South Australian Avenue in downtown West Palm Beach, the building will receive a new roof, updated elevators, a renovated fitness and conference center, a tenant lounge, and food service upgrades. Bradford Allen also plans to introduce four move-in-ready spec suites in 2025.
Current tenants include Truist Bank, Ideal Nutrition, and Robert Half.
The leasing for the building will be managed by Tower Commercial Real Estate, led by Jon Blunk and Laurel Oswald.
While One Clearlake has struggled, newer properties like One Flagler — opened in February and 95% leased — reflect strong demand for modern office space. According to CBRE, Class A office buildings in the West Palm Beach central business district have a low direct vacancy rate of 2.8%.
“There is significant potential in repositioning One Clearlake,” said Blunk. “Like other urban cores, downtown West Palm Beach is seeing strong demand for premium office space as top-tier companies move in.”
https://sfoba.com/wp-content/uploads/2013/07/One-Clearlake-Centre-West-Palm-Beach.jpg270275SFOBA STAFFhttps://dev.sfoba.com/wp-content/uploads/2026/08/SFOBA-logo-sharpened-transparent.pngSFOBA STAFF2025-05-26 12:32:312025-05-26 12:32:31Chicago Firm Picks Up West Palm Office Building
Blanca Commercial Real Estate announced its expansion in Boca Raton as the exclusive leasing agent for three PEBB Enterprises office properties in Boca Raton and Greater Fort Lauderdale’s Cypress Creek submarket. This new office portfolio marks Blanca CRE’s agency leasing team’s Boca Raton debut and enhances its already significant role in advising investors and developers across the South Florida region.
Totaling more than 200,000 square feet, the properties are located in two of South Florida’s most sought-after business hubs, where demand for office space continues to grow.
“Boca Raton and Greater Ft. Lauderdale remains a magnet for companies in finance, healthcare, research and technology,” said Christina Stine Jolley, Senior Vice President at Blanca Commercial Real Estate. “Our expanded presence into Boca Raton and continued growth in Greater Fort Lauderdale are made possible by our commitment to strategic investments designed to support our clients—as well as our growing, dedicated and collaborative brokerage and property management team—with innovative strategies, tools, and proprietary data .”
The PEBB Enterprises portfolio properties awarded to Blanca CRE include:
Key Tenants: PEBB Enterprises (owner), Caulfield Wheeler, Kogan & DiSalvo, Ulysse Nardin, and several legal and financial services firms
Eighteen Zero One, 1801 North Military Trail, Boca Raton, FL 33431
Size: 61,188 SF, 3 stories
Key Tenants: Morgan Stanley, Cozen O’Connor, Newmark, First Horizon Bank
6400 Building, 6400 North Andrews Avenue, Fort Lauderdale, FL 33309
Size: 54,697 SF, 5 stories
Key Tenants: RingCentral, SaferWatch, and a diverse mix of medical, legal, and professional services firms
“Our expansion to include Boca Raton and further our reach into the Greater Fort Lauderdale area represents a significant milestone for Blanca Commercial Real Estate as we continue to grow our presence in South Florida’s most dynamic business hubs,” said Tere Blanca, Chairman, Founder and CEO of Blanca Commercial Real Estate.
“Partnering with PEBB Enterprises is another example of Blanca CRE’s long-standing commitment to building long term relationships with our clients and to deliver exceptional outcomes on their behalf. The Boca Raton and Greater Ft. Lauderdale office sectors are continuing to prove the appeal this region has as a destination for various business sectors,” she said.
PEBB Enterprises’ Boca Raton and Cypress Creek assets continue to attract companies drawn by these markets’ deep talent pool, accessibility, academic partnerships, and exceptional connectivity.
The leasing team overseeing these assignments includes Christina Stine Jolley, Senior Vice President and Broward Market Leader, Andrew Ackerman, Senior Vice President, and Chris Gallagher, Senior Vice President at Blanca CRE.
00SFOBA STAFFhttps://dev.sfoba.com/wp-content/uploads/2026/08/SFOBA-logo-sharpened-transparent.pngSFOBA STAFF2025-05-18 20:19:222025-05-18 20:19:22Blanca CRE Expands South Florida Office Portfolio Into Boca Raton, Greater Fort Lauderdale
Meridian Center of Boca Raton, a premier two-building, 52,000-square-foot office campus located at 6501 and 6531 Park of Commerce Blvd. within the prestigious Park at Broken Sound Business Park, has reached 95% occupancy, according to Reese Stigliano, President of Stigliano Commercial Real Estate.
In the latest lease transaction, The Farmer’s Dog, a fast-growing U.S. pet food company known for delivering human-grade meals tailored to each dog’s needs, signed a lease for the entire ground floor of the 6501 building, totaling 19,450 square feet. Stigliano represented the landlord in this transaction.
“The strong leasing activity at Meridian Center is a testament to the quality of ownership, professional property management, and the site’s exceptional accessibility,” said Stigliano. “Tenants benefit from unmatched connectivity to I-95, Tri-Rail, Brightline, Boca Raton Executive Airport, Palm Beach International Airport, and Fort Lauderdale-Hollywood International Airport.”
00SFOBA STAFFhttps://dev.sfoba.com/wp-content/uploads/2026/08/SFOBA-logo-sharpened-transparent.pngSFOBA STAFF2025-05-12 17:19:242025-05-12 17:19:24Meridian Center Of Boca Raton Achieves 95% Occupancy Milestone With The Farmer’s Dog’s Full Floor Lease
Institutional Property Advisors Brokers Two-Building Office Portfolio Sale
/in Done Deals, News/by SFOBA STAFFInstitutional Property Advisors (IPA), a division of Marcus & Millichap dedicated to serving the company’s institutional clients, announced the sale of Deerfield Financial Centre, a two-building, approximately 90,000-square-foot office portfolio in Deerfield Beach.
The property sold all cash for $11,525,000.
Douglas Mandel, IPA executive managing director investments, and Zach Levine of Marcus & Millichap represented the seller, Crown Diversified Industries Corp., and procured the buyer, Rusty Towers LLC, an affiliate of Boca Raton-based Bark Management.
The property was sold on behalf of the original developers and had been held by the family for over 40 years.
Located at the corner of West Hillsboro Boulevard and Military Trail, the buildings are within walking distance of the Deerfield Beach train station. The Deer Creek Golf Club is nearby, and both Interstate 95 and the Florida Turnpike are easily accessible.
Built in 1984 and 1985 on 5.5 acres, the Deerfield Financial Centre comprises 60 office suites ranging in size from 120 square feet to over 4,750 square feet. The property offers 366 parking spaces and features two four-lane drive-thrus equipped with pneumatic tube systems.
Lee & Associates South Florida Brokers Off-Market Office Building Sale In West Palm Beach
/in Done Deals, News/by SFOBA STAFFLee & Associates South Florida Principal C. Todd Everett, SIOR, successfully closed the $6.5 million off-market sale of a West Palm Beach office building.
EE Properties WPB LLC acquired Palm Beach Business Center, located at 801 Northpoint Pkwy. property from FLF 801 Northpoint LLC. Everett arranged the sale on behalf of both the buyer and seller, leveraging existing relationships with both sides to make the transaction possible, with the help of Lee & Associates South Florida’s Noah Flornes.
The sale closed on June 10.
Palm Beach Business Center is a 21,150-square-foot office building specializing in executive suites and virtual offices. It is located immediately adjacent to I-95.
Based in the firm’s Deerfield Beach office, Everett focuses on office and industrial investment sales and leasing. With nearly three decades of industry experience, Everett brings a breadth of knowledge and a wealth of expertise and dealmaking acumen to Lee & Associates South Florida.
Century Cruise Line Inks 7,000-SF Lease In Sunrise
/in Done Deals, News/by SFOBA STAFFLake Shore Plaza II, a premier Class A office building located at 1300 Concord Terrace in Sunrise, has welcomed its newest tenant, Century Cruise Line, which has signed a lease for 7,197 square feet of office space.
The transaction was facilitated by Chris Gallagher of Blanca Commercial Real Estate, who represented the landlord in the deal. Marshall Chandler and Gus Martinez of CMV Commercial / The Martinez Team represented Century Cruise Line in securing their new South Florida office.
Strategically positioned in the thriving Sawgrass Corporate Park, Lake Shore Plaza II offers modern amenities, ample parking, and convenient access to I-75, I-595, and the Sawgrass Expressway, making it an ideal location for corporate tenants seeking Class A office space in Broward County.
The property continues to attract high-profile tenants with its combination of location, quality, and on-site amenities.
Chicago Firm Picks Up West Palm Office Building
/in Done Deals, News/by SFOBA STAFFChicago-based Bradford Allen Investment Advisors has made its second splash in the South Florida office market with its purchase of One Clearlake Centre office tower from Rockpoint Group for $45 million, according to property records provided by Vizzda.
The company intends to invest an additional $10 million into refurbishing the property, which currently has a 62% occupancy rate, as part of a value-add strategy.
The 221,000-square-foot building was purchased in 2021 for $60.7 million by Rockpoint Group in partnership with Tricera Capital, NDT Development, and New England Development. Despite efforts, occupancy has remained stagnant, resulting in a nearly 26% loss on the recent sale.
Built in 1986 and located at 250 South Australian Avenue in downtown West Palm Beach, the building will receive a new roof, updated elevators, a renovated fitness and conference center, a tenant lounge, and food service upgrades. Bradford Allen also plans to introduce four move-in-ready spec suites in 2025.
Current tenants include Truist Bank, Ideal Nutrition, and Robert Half.
The leasing for the building will be managed by Tower Commercial Real Estate, led by Jon Blunk and Laurel Oswald.
While One Clearlake has struggled, newer properties like One Flagler — opened in February and 95% leased — reflect strong demand for modern office space. According to CBRE, Class A office buildings in the West Palm Beach central business district have a low direct vacancy rate of 2.8%.
Earlier this year, Bradford Allen made its entry into South Florida with a $208 million purchase of Las Olas Centre I and II in Fort Lauderdale, the city’s largest office sale in nearly ten years. That building was 69% occupied, and the firm plans a $25 million renovation.
CBRE’s Sean Kelly, Amy Julian, Andrew Chilgren, Tom Rappa, and Mathew Lee represented the seller in the transaction.
Source: Bisnow
Blanca CRE Expands South Florida Office Portfolio Into Boca Raton, Greater Fort Lauderdale
/in News/by SFOBA STAFFBlanca Commercial Real Estate announced its expansion in Boca Raton as the exclusive leasing agent for three PEBB Enterprises office properties in Boca Raton and Greater Fort Lauderdale’s Cypress Creek submarket. This new office portfolio marks Blanca CRE’s agency leasing team’s Boca Raton debut and enhances its already significant role in advising investors and developers across the South Florida region.
Totaling more than 200,000 square feet, the properties are located in two of South Florida’s most sought-after business hubs, where demand for office space continues to grow.
The PEBB Enterprises portfolio properties awarded to Blanca CRE include:
PEBB Enterprises’ Boca Raton and Cypress Creek assets continue to attract companies drawn by these markets’ deep talent pool, accessibility, academic partnerships, and exceptional connectivity.
The leasing team overseeing these assignments includes Christina Stine Jolley, Senior Vice President and Broward Market Leader, Andrew Ackerman, Senior Vice President, and Chris Gallagher, Senior Vice President at Blanca CRE.
Meridian Center Of Boca Raton Achieves 95% Occupancy Milestone With The Farmer’s Dog’s Full Floor Lease
/in Done Deals, News/by SFOBA STAFFMeridian Center of Boca Raton, a premier two-building, 52,000-square-foot office campus located at 6501 and 6531 Park of Commerce Blvd. within the prestigious Park at Broken Sound Business Park, has reached 95% occupancy, according to Reese Stigliano, President of Stigliano Commercial Real Estate.
In the latest lease transaction, The Farmer’s Dog, a fast-growing U.S. pet food company known for delivering human-grade meals tailored to each dog’s needs, signed a lease for the entire ground floor of the 6501 building, totaling 19,450 square feet. Stigliano represented the landlord in this transaction.
Earlier this year, Regus, a global provider of modern co-working and flexible office space, opened a 13,000-square-foot facility on the second floor of the same building. The space features over 58 private and shared workspaces and reached 100% occupancy within the first 60 days of operation. Stigliano also served as project coordinator on behalf of the building’s owner, Castle Boca, LLC.