The activity includes three new leases and two renewals from tenants spanning healthcare, tech, and education sectors.
The judgment includes unpaid rent, late fees and legal fees.
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.
Boca Raton’s total significant leasing activity last year was higher than any other city in Palm Beach County, according to recent data.
City approval includes permits for 1,243 residential units, 125,000 square feet of retail space, a 140-room hotel, a 55,000-square-foot entertainment arena with seating for 5,000 people, and 85,000 square feet of medical offices.
The leases, which include six new-to-market tenants, two market relocations and numerous lease renewals and expansions, bring the building to over 92 percent occupancy.
The seller, a joint venture, purchased the property and excess development land in 2016 for $90 million and executed an extensive redevelopment and re-tenanting of this iconic Ft. Lauderdale asset. CLICK ON THE HEADLINE FOR MORE
Butters Realty & Management office team of Caroline Fleischer, Darcie Lunsford and Sky Butters represented the law firm in the lease transaction.
The 10-story building is considered one of the premier office properties in Boca Raton.
