The total leased space amounts to approximately 110,000 square feet.
The building, which spans 36,193 square feet, was completed in 2019.
Nine tenants have signed new leases at the Boca Raton Innovation Campus (BRIC), including two companies that plan to establish their headquarters within the 1.7 million-square-foot facility.
The total leased space amounts to approximately 110,000 square feet, as reported by CP Group, the managing landlord of the complex.
The largest lease, covering 31,350 square feet, was signed by Coastal Waste & Recycling, a Boca Raton-based company that provides sanitation services to several Florida municipalities, including Davie, North Miami Beach, Lantana, Pompano Beach, Cooper City, Coral Springs, and Oldsmar, as well as commercial dumpster services for businesses and multifamily residences.
Currently located at 2481 NW 2nd Ave., Coastal Waste & Recycling plans to move its headquarters to BRIC, according to CP Group. The company has not yet responded to requests for comment.
Another company relocating its headquarters to BRIC is Legacy Healing Center Margate LLC, which operates detox and rehabilitation centers for substance abuse in Fort Lauderdale, Margate, Cincinnati, Los Angeles, and Parsippany, New Jersey. Legacy Healing is expected to move in December, according to Jacqueline Tavares, president of Boca Raton-based Newmark Commercial Real Estate.
Other lease deals recently signed at the BRIC were:
Jeff Kelly of CBRE represented CP Group in all nine transactions.
Source: SFBJ
Link Real Estate has streamlined its South Florida portfolio with the recent sale of a Fort Lauderdale property for $19 million.
An affiliate of Link sold The Glass Shop, a three-story office and retail building located at 105 North Federal Highway, to the Jewish Culture High School based in North Miami Beach.
This transaction amounts to $525 per square foot.
The Glass Shop, which spans 36,193 square feet, was completed in 2019. Link acquired the 0.3-acre site for $7.4 million that same year. The building’s 30,000 square feet of office space had previously been leased to Bond Collective, a New York-based co-working provider.
Rabbi Aharon Assaraf, representing the Jewish Culture High School, did not comment on whether The Glass Shop will serve as a new campus in Fort Lauderdale. This was Link’s only commercial property in the Fort Lauderdale area, as indicated on the firm’s website.
Source: The Real Deal
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9 Companies Sign Leases At Boca Raton Innovation Campus
/in Done Deals, News/by SFOBA STAFFThe total leased space amounts to approximately 110,000 square feet.
Fort Lauderdale Office/Retail Building Trades For $525 PSF
/in Done Deals, News/by SFOBA STAFFThe building, which spans 36,193 square feet, was completed in 2019.