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Florida & Gulf Coast  + Retail  | 

PEBB, Banyan JV Bags $27M Financing for Boynton Beach Development

Boca Raton-based PEBB Enterprises and JV partner Banyan Development secured a $26.95 million construction loan for the development of Mainstreet at Boynton, a 16-acre mixed-use project in Boynton Beach. Buffalo, NY-based M&T Bank was the lender on a deal that closed on April 22.

Site work is underway at 6405 W. Boynton Beach Blvd. for a project expected to be a key catalyst for the West Boynton area. Shell construction is scheduled to be completed during Q2 2021, with delivery to tenants expected around that time or shortly after.

Banyan Development’s Jason Sher says, “The response from potential tenants has been tremendous. It speaks to the attractiveness of the development and strong demographics of the surrounding neighborhood.”

Popular organic grocer Sprouts is leasing 26,000 square feet to anchor the primary retail component of the project, with Wawa signed on to occupy an outparcel. Mainstreet at Boynton’s plans also include a 158-bed, 117,000-square-foot Congregate Living Facility (CLF).

For comments, questions or concerns, please contact Dennis Kaiser

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About Dennis Kaiser

Dennis Kaiser is Vice President of Public Relations and Communications for Connect Creative. Dennis is a communications leader with more than 40 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect Creative’s agency client services and is involved in a range of initiatives ranging from public relations and content strategy, communications and message development, copywriting, media relations, social media and content marketing services. Prior to joining Connect Media in 2015, his most recent corporate communications roles involved leading a regional public relations effort across Southern California for CBRE, playing a key marketing role on JLL’s national retail team, and directing the global public relations effort at ValleyCrest (BrightView), the nation’s largest commercial landscape services company. He has worked on marketing communications assignments for such CRE companies as Blackstone/Equity Office, Carlyle, Caruso, Disney Resorts, GE Capital, Irvine Company, Hines, Howard Hughes Corp., Jeffries, Lennar, MGM, Marcus & Millichap, Prologis, Raleigh Studios, Simon, Starwood, Trammell Crow Company, Transamerica, UBS and Wynn Resorts. Dennis has also worked on communications and launch strategies for a number of consumer electronic, media and tech brands including SlingMedia, Channel Master, Deluxe Media Entertainment, BeIn Sports, EchoStar and Sprint. Dennis’s agency background included firms such as Off Madison Ave., Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator. Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements. Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, Boy Scouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and the Thunderbirds Charities.

  • ◦Financing
  • ◦Development
  • ◦Lease
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