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Cushman & Wakefield Represents Denholtz In $34.5 Million Office Sale

February 15, 2026/in Done Deals, News/by SFOBA STAFF

The two buildings total 157,510 square feet and are 87.6% leased.

0 0 SFOBA STAFF https://dev.sfoba.com/wp-content/uploads/2026/08/SFOBA-logo-sharpened-transparent.png SFOBA STAFF2026-02-15 16:51:052026-02-15 16:51:05Cushman & Wakefield Represents Denholtz In $34.5 Million Office Sale

Colliers Tapped To Lease Newly Renovated East Boca Office

February 8, 2026/in News/by SFOBA STAFF

The Colliers South Florida office leasing team, led by Senior Vice President Darcie Lunsford, has been chosen to handle leasing and marketing of the 137,000-square-foot, all-glass midrise.

0 0 SFOBA STAFF https://dev.sfoba.com/wp-content/uploads/2026/08/SFOBA-logo-sharpened-transparent.png SFOBA STAFF2026-02-08 14:24:562026-02-08 14:24:56Colliers Tapped To Lease Newly Renovated East Boca Office
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Cushman & Wakefield Represents Denholtz In $34.5 Million Office Sale

February 15, 2026/in Done Deals, News/by SFOBA STAFF

The two buildings total 157,510 square feet and are 87.6% leased.

0 0 SFOBA STAFF https://dev.sfoba.com/wp-content/uploads/2026/08/SFOBA-logo-sharpened-transparent.png SFOBA STAFF2026-02-15 16:51:052026-02-15 16:51:05Cushman & Wakefield Represents Denholtz In $34.5 Million Office Sale

Colliers Tapped To Lease Newly Renovated East Boca Office

February 8, 2026/in News/by SFOBA STAFF

The Colliers South Florida office leasing team, led by Senior Vice President Darcie Lunsford, has been chosen to handle leasing and marketing of the 137,000-square-foot, all-glass midrise.

0 0 SFOBA STAFF https://dev.sfoba.com/wp-content/uploads/2026/08/SFOBA-logo-sharpened-transparent.png SFOBA STAFF2026-02-08 14:24:562026-02-08 14:24:56Colliers Tapped To Lease Newly Renovated East Boca Office
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Cushman & Wakefield Represents Denholtz In $34.5 Million Office Sale

February 15, 2026/in Done Deals, News/by SFOBA STAFF

Cushman & Wakefield represented Denholtz Deerfield LLC in the $34.5 million sale of Deerfield Corporate Park Buildings 1 and 6, two single-story office buildings located in Deerfield Beach.

Cushman & Wakefield’s Scott O’Donnell, Greg Miller, Mike Ciadella and Miguel Alcivar represented the seller in the transaction, with the assets acquired by a private capital investment group.

Located at 602–668 and 776–858 S. Military Trail within the larger Deerfield Corporate Park, the two buildings total 157,510 square feet and are 87.6% leased to 26 tenants, many of whom have maintained long-term occupancy at the property for more than a decade. The campus spans 12.9 acres and was originally built in 1985, with a full renovation completed in 2017. Designed to accommodate office and office-service users, the property is more than 90% built out as office and is strategically positioned just west of the Interstate 95 and SW 10th Street interchange, offering strong regional connectivity.

Within the Deerfield Beach submarket, the single-story office market remains exceptionally tight, with an estimated 1.5% vacancy rate, underscoring the scarcity of comparable space and limited competitive supply.

“This premier location offers significant logistical advantages through direct access to South Florida’s key highway systems, particularly Interstate 95, while also benefiting from proximity to affluent residential communities such as Boca Raton, Parkland and eastern oceanfront neighborhoods that are home to many influential business decision-makers and executives,” said O’Donnell, Executive Managing Director at Cushman & Wakefield.

 

“With the submarket’s low vacancy for single-story office and office-service product and no new construction on the horizon, Deerfield Corporate Park Buildings 1 and 6 present compelling upside through multiple value-add strategies, including mark-to-market rent growth and the potential conversion of existing office suites to more flex-oriented office-service space,” added Miller, Cushman & Wakefield Director.

 

0 0 SFOBA STAFF https://dev.sfoba.com/wp-content/uploads/2026/08/SFOBA-logo-sharpened-transparent.png SFOBA STAFF2026-02-15 16:51:052026-02-15 16:51:05Cushman & Wakefield Represents Denholtz In $34.5 Million Office Sale

Colliers Tapped To Lease Newly Renovated East Boca Office

February 8, 2026/in News/by SFOBA STAFF

Fresh off the heels of its recent acquisition and a multimillion-dollar capital improvement infusion, 1200 North Federal Highway is getting a new leasing team and rebranding refresh.

The Colliers South Florida office leasing team, led by Senior Vice President Darcie Lunsford, has been chosen to handle leasing and marketing of the 137,000-square-foot, all-glass midrise, which spans nearly a city block at the T-intersection of Federal Highway and Glades Road.

The building was acquired in August by veteran South Florida office owner and operator Allen Chelminsky. Since his acquisition, Chelminsky has invested more than $3 million to renovate common areas, restrooms, landscaping, fountains and the building exterior, update mechanical systems, upgrade the roof, restore the parking lot and garage, and add state-of-the-art security systems and new property-wide LED lighting. The four-story building also offers a newly refurbished onsite café, lushly landscaped indoor courtyard and exterior dining areas, reserved under-building executive parking, and electric vehicle charging stations.

“When we buy an asset, we don’t waste time or spare any expense to rapidly bring it up to our high-quality portfolio standards,” said Chelminsky. “There is no part of the building that we have not carefully designed and curated to offer corporate tenants the best business environment in Boca Raton.”

The reposition ushers in a new wave of modernized office space and leasing opportunities for the residentially-dense and highly amenitized east Boca Raton market.

“The building now looks and feels wholly renewed and refreshed while offering that secret-sauce combination— contemporary space with economic value— that we find missing in the East Boca market,” says Lunsford. “Historically, tenants in East Boca could either pay up for modern space or trade down to older, dated buildings. Now you can find both quality and value in what is arguably one of the most prominent and easily accessible locations in the Federal Highway submarket.”

Chelminsky maintains a long-standing real estate presence across the South Florida and the Treasure Coast, owning and operating more than 2 million square feet of commercial buildings from Miami to Port St. Lucie.

0 0 SFOBA STAFF https://dev.sfoba.com/wp-content/uploads/2026/08/SFOBA-logo-sharpened-transparent.png SFOBA STAFF2026-02-08 14:24:562026-02-08 14:24:56Colliers Tapped To Lease Newly Renovated East Boca Office
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