Trimont, acting as special servicer on a $61.5M collateralized loan obligation tied to the property, filed a foreclosure complaint Aug. 12 against Alliance HP.
Currently, the property is 92% leased to a diverse roster of 48 tenants.
Donna Korn and Beau Ladwig will lease the properties.
Darcie and Caroline will work as a team based in the Boca Raton office, focusing on all aspects of office leasing services.
Scott O'Donnell, Mike Ciadella, Greg Miller, Dominic Montazemi and Miguel Alcivar of Cushman & Wakefield represented the seller in the transaction.
Colliers’ Executive Vice President Derek Baker represented the tenant in negotiating the deal. CBRE’s Joe Freitas, John Criddle and Max Pawk represented the landlord, Grover Corlew, in the lease negotiations.
A health care and life science company scooped up the property.
The asset last sold for $99.5 million.
Under the proposal, the project will feature 117,000 square feet of office space in seven stories and 557 parking spaces in six stories.
Bridge purchased the property paid $144 per SF for the 11-building office park in March 2019 and sold it for around $95 per SF.
