The property is situated on 4.39 acres on the northeast corner of Congress Avenue and Lake Ida Road. CLICK ON THE HEADLINE FOR MORE
CBRE’s Jarred Goodstein and Avi Fisher are collaborating with Deanna Lobinsky in representing BayView Corporate Tower. CLICK ON THE HEADLINE FOR MORE
CBRE arranged the sale of Delray Park of Commerce, a 19,478-square-foot boutique office building located at 800 NW 17th Avenue in Delray Beach.
Brain Matters Properties, LLC acquired the single-story building from HHCS Real Estate, LLC for $3.4 million.
CBRE represented the seller.
“Delray Park of Commerce offers a combination of flexible office space, great amenities and convenient access to major transportation arteries,” said CBRE’s Owen Sagar.
Built in 1999 and located in a highly desirable area near upscale neighborhoods, the property is well-situated on 4.39 acres on the northeast corner of Congress Avenue and Lake Ida Road. Delray Park of Commerce offers ample parking in a corporate, park-like setting with quaint water views and easy access to I-95 and Atlantic Avenue, “The Ave.,” in downtown Delray Beach.
CBRE’s sales team included Dominic Montazemi, Scott O’Donnell, Miguel Alcivar, Jason Hochman and Owen Sagar. Garrett Vonk represented the buyer.
CBRE has been selected as the exclusive leasing agent for BayView Corporate Tower, the largest office building in Broward County.
Owned by New Boston Fund, a private equity real estate investment, development and management firm based in Boston, the 412,520-square-foot, 12-story building is located at 6451 N. Federal Highway in Fort Lauderdale. New Boston Fund acquired the property in early 2008 for a reported $63 million.
“BayView Corporate Tower offers its Cypress Creek neighborhood a rare opportunity to have an exclusive office address close to home,” said CBRE Senior Vice President Deanna Lobinsky. “Additionally, with newly renovated interior and exterior spaces and four new spec suites awaiting their first tenants, it still offers some of the most competitive rental rates in the region, especially when compared with occupancy costs downtown.”
BayView Corporate Tower offers suites ranging in size from 1,400 to 77,000 square feet. The building features large floor plates of up to 33,000 square feet with many upper level offices having ocean views.
“We are very pleased to be working with the team from CBRE to help us to continue to position the property at the forefront of the market,” said Pamela Adamian, Vice President of Asset Management at New Boston Fund. “The location, amenities and available space are a major draw for quality tenants.”
Just minutes to I-95, the Energy Star-rated property is close to dining, banking and retail. Prominent tenant signage on both the top of the building and along Federal Highway is available.
BayView has received multiple “Office Building of the Year” honors from The Building Owners and Managers Association (BOMA) and an Energy Star rating every year since 2008.
CBRE’s Jarred Goodstein and Avi Fisher are collaborating with Lobinsky in representing BayView Corporate Tower.
CBRE Arranges Sale Of Delray Park Of Commerce
/in Done Deals, News/by SFOBA STAFFThe property is situated on 4.39 acres on the northeast corner of Congress Avenue and Lake Ida Road. CLICK ON THE HEADLINE FOR MORE
CBRE Tapped To Lease Broward’s Largest Office Building
/in News/by SFOBA STAFFCBRE’s Jarred Goodstein and Avi Fisher are collaborating with Deanna Lobinsky in representing BayView Corporate Tower. CLICK ON THE HEADLINE FOR MORE