Florida & Gulf Coast CRE News In Your Inbox.
Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.
PEBB-Led Team Developing 120K-SF Boca Office Project
Butters Construction & Development and PEBB Enterprises, along with Konsker Development, are partnering to develop One Midtown, a brand-new Class A office project in Boca Raton.
One Midtown will include more than 120,000 square feet of Class A office space and over 11,000 square feet of ground-floor retail.
PEBB’s Ian Weiner suggested Boca has more affordable rates than other nearby S. Florida communities, “New office leases in those urban core markets are reaching $150 per square foot triple-net, while Boca provides comparable product at substantially discounted rents.”
Christina Jolley, Kevin Carrasco, Tere Blanca, and Danet Linares of Blanca Commercial Real Estate are the leasing representatives for One Midtown. Zach Feldman of PEBB is overseeing retail leasing on the venture’s behalf.
PEBB has completed more than 5 million square feet of transactions, representing more than $3 billion in value.
- ◦Development
