The project is specifically engineered to cater to the discerning tastes of corporate tenants migrating from high-tax, high-cost environments, with a particular focus on companies exiting New York following the recent election of Mayor Mamdani.
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.
The 10-story building is considered one of the premier office properties in Boca Raton.
Crocker has acquired two high-profile office towers from MetLife Real Estate Investors. CLICK ON THE HEADLINE FOR MORE
A private equity firm has signed a lease for 12,637 square feet. CLICK ON THE HEADLINE FOR MORE
