Transwestern Real Estate Services (TRS) announces its Southeast Investment Sales team has brokered the sale of a 143,530-square-foot, two-building office property at 5600 Broken Sound Blvd. NW in Boca Raton.
Transwestern Senior Managing Directors John Bell and Kevin Markwordt arranged the disposition on behalf of the undisclosed seller.
“The highly configurable asset provides multiple occupancy scenarios, from a plug-and-play single tenant to a corporate headquarters to multi-user options,” said Bell.
The 12.24-acre property encompasses a one-story, 51,381-square-foot building and a three-story, 92,149-square-foot building connected by a corridor, with surface parking for convenient, direct access. The business hub, previously occupied by Canon, features a cafeteria, conference rooms, collaborative work areas, and an open-air courtyard.
Situated in the center of Boca Raton’s corporate and innovation district, the property offers high visibility from Broken Sound Boulevard with walkability to top shopping, dining and residential amenities plus access to Broken Sound Club, a championship golf course across the street. The office park provides free shuttle service to and from the TriRail commuter train, connecting riders to a swath of destinations across South Florida.
“Boca Raton is a growing base for innovation, research and technology, attracting corporate and large office tenants,” said Markwordt. “The property’s value-add potential coupled with the market’s lack of large blocks of office space made it a desirable investment for the buyer.”
00SFOBA STAFFhttps://dev.sfoba.com/wp-content/uploads/2026/08/SFOBA-logo-sharpened-transparent.pngSFOBA STAFF2021-06-21 01:50:202021-06-21 01:50:20Mixed-Use Business Park In Boca Raton Trades For $18 Million
In only our second live event since the onset of the pandemic. Prisma Cypress Creek, Levy Realty Advisors and Ken Silberling were honored to present Broward County Vice Mayor Michael Udine. The Vice Mayor emphasized that Miami has the sizzle as an international tech hub. But Broward has been “getting ours.”
Many firms touting their moves to Miami for the PR recognition are actually settling in Broward County. Udine says it makes sense not to fight what is happening in Miami, because the whole region benefits. Udine has championed the cause of bringing tech and venture capital firms to greater Fort Lauderdale with the help of the Greater Fort Lauderdale Alliance. Alliance Senior Vice President David Coddington also added to the conversation supporting Udine’s position that there is “insane demand” throughout South Florida.
A two minute “highlight reel” and Udine’s full 9-minute presentation can be found at kenstrends.com
Prisma – featuring our renovated lobby and common areas
For more information on our sponsor, Prisma Cypress Creek, you can find virtual tours, brochures, floorplans and an interactive map at www.prismacypress.com . Prisma is a newly renovated boutique office building just off Cypress Creek and Powerline Roads in Fort Lauderdale’s uptown market. Spaces are available from 1,327 to 5,678 square feet.
Also thanks to Gus Martinez, Steve Einhorn, and Peter Palmer for helping us to remember our great friend Richard Gerber, a fixture in the local real estate community, family man and master networker. We will all miss him.
00SFOBA STAFFhttps://dev.sfoba.com/wp-content/uploads/2026/08/SFOBA-logo-sharpened-transparent.pngSFOBA STAFF2021-06-14 13:08:572021-06-14 13:08:57Broward Vice Mayor Addresses SFOBA on June 10, 2021 – 5 Key Takeaways
We are pleased to announce that our guest speaker will be Broward Vice Mayor Michael Udine. Due to a commission meeting we will be starting 15 minutes early – networking officially begins at 11:45. Vice Mayor Udine will start at 12:15.
We’ve also lined up some great food from the Beehive Kitchen to help support local business in the Cypress Creek market.
Also remembering our friend and colleague Richard Gerber – we’ll miss you.
00SFOBA STAFFhttps://dev.sfoba.com/wp-content/uploads/2026/08/SFOBA-logo-sharpened-transparent.pngSFOBA STAFF2021-06-08 19:33:002026-08-20 12:26:10SFOBA – June 10 , 2021 Join Us Live In Person or On Zoom
It is with great sadness that we announce the loss of Richard Gerber.
Richard was a fixture in the commercial real estate world in Broward and Palm Beach Counties, forever networking and enjoying countless industry events.
With 35 years in the industry, Richard most recently served as an independent real estate professional with Box Real Estate, LLC and was an active member of the South Florida Office Brokers Association (SFOBA).
In 2014, the Coral Springs Chamber of Commerce awarded the “Small Business Leader of the Year” for 2014 to Richard. The award was in acknowledgement of Richard’s commitment to the Coral Springs business community, his clients, and the Coral Springs Chamber of Commerce. As a Commercial Real Estate Sales and Leasing professional, Richard has assisted numerous firms in relocations to Coral Springs.
Richard was a big contributor to our real estate community, and we keep his family, friends, and co-workers in our thoughts during this difficult time.
A memorial service was held on Sunday, June 6 at 11:00 am at Temple B’nai Torah Congregation. Shiva Sunday was held immediately following from 12:30 to 4:30 pm at the home of Meredith and Jarrod Frydman, located at 3712 NW 52nd St. in Boca Raton. Shiva will continue on Monday, June 7 from 1:00 to 4:00 pm and 6:30 to 8:30 pm.
We are sure going to miss him.
https://sfoba.com/wp-content/uploads/2014/05/Richard-Gerber.jpg270275SFOBA STAFFhttps://dev.sfoba.com/wp-content/uploads/2026/08/SFOBA-logo-sharpened-transparent.pngSFOBA STAFF2021-06-06 23:28:472021-06-06 23:28:47South Florida CRE Professionals Mourn The Loss Of Richard Gerber
Related Cos. acquired the CityPlace Tower office building in downtown West Palm Beach for $175 million.
CPT Equity LLC, an affiliate of W.R. Berkley Corp., sold the 303,519-square-foot office tower at 525 Okeechobee Blvd. to 525 Okeechobee LLC, an affiliate of New York-based the Related Cos. The price equated to $577 per square foot.
CityPlace Tower last traded for $150 million in 2014.
Tenants at CityPlace Tower include Cleveland Clinic, Carlton Fields, Comvest Partners, Greenspoon Marder, Marcum LLP, Shutts & Bowen, and Cresset Wealth Advisors. A recent online listing by broker Tower Commercial Real Estate said 63,080 square feet in the building was available for lease, with rent ranging from $51 to $55 per square foot.
The site has benefitted from its close proximity to the Brightline passenger rail station, which will connect with Miami, Fort Lauderdale, Boca Raton, Aventura and Orlando once service resumes.
00SFOBA STAFFhttps://dev.sfoba.com/wp-content/uploads/2026/08/SFOBA-logo-sharpened-transparent.pngSFOBA STAFF2021-06-01 20:00:262021-06-01 20:00:26CityPlace Tower Trades For $175 Million
Remember those days when we used to get a group of top office brokers into a room to share a meal, showcase a great building, enjoy a great speaker, discuss the market and give away some great prizes? Those days are back! Join us Thursday June 10 at 11:45 at Prisma. Watch your inbox for more info. Our “Back to the Office” online contest goes live Thursday June 3 at 9:30 AM.
Where in our virtual tours have we hidden a DeLorean Time Machine?
We are pleased to announce that our guest speaker will be Broward Vice Mayor Michael Udine. Due to a commission meeting we will be starting 15 minutes early – networking officially begins at 11:45. Vice Mayor Udine will start at 12:15.
We’ve also lined up some great food from the Beehive Kitchen to help support local business in the Cypress Creek market.
00SFOBA STAFFhttps://dev.sfoba.com/wp-content/uploads/2026/08/SFOBA-logo-sharpened-transparent.pngSFOBA STAFF2021-05-21 16:55:232021-05-21 16:55:23Back To The Office – SFOBA June 10, 2021 – Prisma @ Cypress Creek
Mixed-Use Business Park In Boca Raton Trades For $18 Million
/in Done Deals, News/by SFOBA STAFFTranswestern Real Estate Services (TRS) announces its Southeast Investment Sales team has brokered the sale of a 143,530-square-foot, two-building office property at 5600 Broken Sound Blvd. NW in Boca Raton.
Transwestern Senior Managing Directors John Bell and Kevin Markwordt arranged the disposition on behalf of the undisclosed seller.
The 12.24-acre property encompasses a one-story, 51,381-square-foot building and a three-story, 92,149-square-foot building connected by a corridor, with surface parking for convenient, direct access. The business hub, previously occupied by Canon, features a cafeteria, conference rooms, collaborative work areas, and an open-air courtyard.
Situated in the center of Boca Raton’s corporate and innovation district, the property offers high visibility from Broken Sound Boulevard with walkability to top shopping, dining and residential amenities plus access to Broken Sound Club, a championship golf course across the street. The office park provides free shuttle service to and from the TriRail commuter train, connecting riders to a swath of destinations across South Florida.
Broward Vice Mayor Addresses SFOBA on June 10, 2021 – 5 Key Takeaways
/in Trends/by SFOBA STAFFIn only our second live event since the onset of the pandemic. Prisma Cypress Creek, Levy Realty Advisors and Ken Silberling were honored to present Broward County Vice Mayor Michael Udine. The Vice Mayor emphasized that Miami has the sizzle as an international tech hub. But Broward has been “getting ours.”
Many firms touting their moves to Miami for the PR recognition are actually settling in Broward County. Udine says it makes sense not to fight what is happening in Miami, because the whole region benefits. Udine has championed the cause of bringing tech and venture capital firms to greater Fort Lauderdale with the help of the Greater Fort Lauderdale Alliance. Alliance Senior Vice President David Coddington also added to the conversation supporting Udine’s position that there is “insane demand” throughout South Florida.
A two minute “highlight reel” and Udine’s full 9-minute presentation can be found at kenstrends.com
Prisma – featuring our renovated lobby and common areas
For more information on our sponsor, Prisma Cypress Creek, you can find virtual tours, brochures, floorplans and an interactive map at www.prismacypress.com . Prisma is a newly renovated boutique office building just off Cypress Creek and Powerline Roads in Fort Lauderdale’s uptown market. Spaces are available from 1,327 to 5,678 square feet.
Also thanks to Gus Martinez, Steve Einhorn, and Peter Palmer for helping us to remember our great friend Richard Gerber, a fixture in the local real estate community, family man and master networker. We will all miss him.
SFOBA – June 10 , 2021 Join Us Live In Person or On Zoom
/in Upcoming Events/by SFOBA STAFFGot Your Shot and Ready to Face The World?
We’re Back and We’re Live !
Thursday June 10, 2021 – 11:45 AM
Not Quite Ready? – Catch Us on Zoom
Click to Join: https://zoom.us/j/99288150667
Or Dial in (646)558-8656 (NY) (301)715-8592 (DC) Code 992 8815 0667
Prisma At Cypress Creek
1000 NW 65th Street
Fort Lauderdale, FL 33309
www.PrismaCypress.com
RSVP- melissa@levyrai.com
We are pleased to announce that our guest speaker will be Broward Vice Mayor Michael Udine. Due to a commission meeting we will be starting 15 minutes early – networking officially begins at 11:45. Vice Mayor Udine will start at 12:15.
We’ve also lined up some great food from the Beehive Kitchen to help support local business in the Cypress Creek market.
Also remembering our friend and colleague Richard Gerber – we’ll miss you.
Prisma at Cypress Creek
Availabilities – Click Suite Number for Virtual Tour
South Florida CRE Professionals Mourn The Loss Of Richard Gerber
/in News/by SFOBA STAFFIt is with great sadness that we announce the loss of Richard Gerber.
Richard was a fixture in the commercial real estate world in Broward and Palm Beach Counties, forever networking and enjoying countless industry events.
With 35 years in the industry, Richard most recently served as an independent real estate professional with Box Real Estate, LLC and was an active member of the South Florida Office Brokers Association (SFOBA).
He held many leadership positions at The Realtors® Commercial Alliance (RCA) of Broward, Palm Beaches and St. Lucie over the years and was named the 2017 Commercial Realtor® of the Year.
In 2014, the Coral Springs Chamber of Commerce awarded the “Small Business Leader of the Year” for 2014 to Richard. The award was in acknowledgement of Richard’s commitment to the Coral Springs business community, his clients, and the Coral Springs Chamber of Commerce. As a Commercial Real Estate Sales and Leasing professional, Richard has assisted numerous firms in relocations to Coral Springs.
Richard was a big contributor to our real estate community, and we keep his family, friends, and co-workers in our thoughts during this difficult time.
A memorial service was held on Sunday, June 6 at 11:00 am at Temple B’nai Torah Congregation. Shiva Sunday was held immediately following from 12:30 to 4:30 pm at the home of Meredith and Jarrod Frydman, located at 3712 NW 52nd St. in Boca Raton. Shiva will continue on Monday, June 7 from 1:00 to 4:00 pm and 6:30 to 8:30 pm.
We are sure going to miss him.
CityPlace Tower Trades For $175 Million
/in Done Deals, News/by SFOBA STAFFRelated Cos. acquired the CityPlace Tower office building in downtown West Palm Beach for $175 million.
CPT Equity LLC, an affiliate of W.R. Berkley Corp., sold the 303,519-square-foot office tower at 525 Okeechobee Blvd. to 525 Okeechobee LLC, an affiliate of New York-based the Related Cos. The price equated to $577 per square foot.
CityPlace Tower last traded for $150 million in 2014.
Tenants at CityPlace Tower include Cleveland Clinic, Carlton Fields, Comvest Partners, Greenspoon Marder, Marcum LLP, Shutts & Bowen, and Cresset Wealth Advisors. A recent online listing by broker Tower Commercial Real Estate said 63,080 square feet in the building was available for lease, with rent ranging from $51 to $55 per square foot.
The site has benefitted from its close proximity to the Brightline passenger rail station, which will connect with Miami, Fort Lauderdale, Boca Raton, Aventura and Orlando once service resumes.
Click here to read more about this story.
Back To The Office – SFOBA June 10, 2021 – Prisma @ Cypress Creek
/in News, Upcoming Events/by SFOBA STAFFWe’re Back and We’re Live !
Thursday June 10, 2021 – 11:45 AM
Prisma At Cypress Creek
1000 NW 65th Street
Fort Lauderdale, FL 33309
www.PrismaCypress.com
RSVP- melissa@levyrai.com
Where in our virtual tours have we hidden a DeLorean Time Machine?
We are pleased to announce that our guest speaker will be Broward Vice Mayor Michael Udine. Due to a commission meeting we will be starting 15 minutes early – networking officially begins at 11:45. Vice Mayor Udine will start at 12:15.
We’ve also lined up some great food from the Beehive Kitchen to help support local business in the Cypress Creek market.
Prisma at Cypress Creek
Availabilities – Click Suite Number for Virtual Tour
Check Out Our Common Area Renovations!