Michael Rauch leased 10,000 square feet of distribution and headquarters office space to Mark V Concepts, Inc., a New York-based company and major supplier to QVC. The property is located in Broward County in the Pompano Beach Gateway Industrial Park. Michael Rauch, senior partner of Rauch Hartman Scherer & Company, represented the landlord and tenant in the transaction.
Peter D. Reed, Principal of Commercial Florida Realty Services, closed a lease transaction with ITT Technical Institute, a leading private college focused on technology-oriented programs of study, for 20,000 SF at Hillsboro Center, located at 700 W. Hillsboro Blvd. in Deerfield Beach. Reed represented Parkway Properties, Inc. (NYSE symbol: PKY), the landlord of Hillsboro Center.
PEBB Enterprises of Boca Raton purchased the Sabadell United Bank Building, located at 1645 Palm Beach Lakes Blvd., and the Horizons Building, located at 1401 Forum Way. The combined purchase price was $14,250,000 for the two buildings, which total over 180,000sf.
And, in one of the top office transactions in Palm Beach County in recent years, a partnership led by Butters Group, has sold the Class A office building Boca Village Corporate Center, for $32.85 million to BVCC Corp. of Miami.
One Comment on "Deals, Deals, Deals!"
Still an active market going into the end of the year….lots of deals pending,
Would like to extend a warm welcome to Darla Dill from NR Investments who will be a first timer at our meeting on Thur….Has a few listings in Broward County she wants to talk about.
Ted