RealEstateRama   -   Site   -   in News   -   in Media   -   in Social   -   Web
CLASS A OFFICE BUILDING NEAR MIZNER PARK IN BOCA RATON SELLS FOR $4.6 MILLION

CLASS A OFFICE BUILDING NEAR MIZNER PARK IN BOCA RATON SELLS FOR $4.6 MILLION

Boca Raton, FL – June 27, 2013 – (RealEstateRama) — CBRE announced the sale of an 8,010-square-foot office building in Boca Raton. The two-story building at 140 North Federal Highway was sold for $4.6 million to Lido Realty LLC, a New York-based company. The office building was 100% leased at the time of sale. The main tenant, BB&T, no longer occupies the space but is still obligated to their original 12-year lease. CBRE represented the seller, 140 N. Federal Hwy., LLC.

SHARE
CBRE

CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (based on 2018 revenue). The company has more than 90,000 employees (excluding affiliates) and serves real estate investors and occupiers through more than 480 offices (excluding affiliates) worldwide. CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services.

Contact:

Nadja Brandt
Corporate Communications, Pacific Southwest

+1 213 6133627