Jul 7, 2026
PEBB Enterprises And Partners Launch 120k SF Office Development In Boca Raton
One Midtown in Boca Raton will feature over 120,000 square feet of premium office space and ground-floor retail, managed by PEBB Enterprises, with competitive rental rates compared to larger markets.
Traded Editorial
- PEBB Enterprises, Butters Construction & Development and Konsker Development have partnered to develop One Midtown at 1751 N Military Trl, Boca Raton, FL 33486, featuring more than 120,000 square feet of Class A office space and over 11,000 square feet of ground-floor retail.
- PEBB Enterprises' Ian Weiner highlighted Boca Raton's compelling pricing advantage over nearby urban core markets, where comparable new office leases are reaching $150 per square foot triple-net versus substantially lower rents in Boca.
- Blanca Commercial Real Estate has been tapped to handle office leasing for One Midtown, with PEBB's Zach Feldman overseeing retail leasing on the venture's behalf.
A New Class A Office Project Takes Shape in Boca Raton
PEBB Enterprises, Butters Construction & Development and Konsker Development have joined forces to bring One Midtown to 1751 N Military Trl in Boca Raton, a brand-new Class A office development delivering more than 120,000 square feet of office space alongside over 11,000 square feet of ground-floor retail. The project represents a vote of confidence in Boca Raton as a premier South Florida office destination, offering tenants a high-quality product in a well-established business corridor. For PEBB Enterprises, a firm that has completed more than five million square feet of transactions representing over $3 billion in value, One Midtown is a natural extension of its track record in the South Florida commercial real estate market.
The Case for Boca Raton's Office Market
Ian Weiner of PEBB Enterprises articulated a clear market rationale for One Midtown's location on N Military Trail. While new office leases in nearby urban core markets such as Miami and Fort Lauderdale are reaching $150 per square foot triple-net, Boca Raton offers comparable Class A product at meaningfully discounted rents, making it an attractive alternative for tenants seeking quality space without the premium pricing of denser submarkets. This pricing dynamic, combined with Boca's established business community, strong infrastructure and quality of life, positions One Midtown to compete effectively for a wide range of office tenants as the South Florida office market continues to evolve.
Leasing and Retail at One Midtown
One Midtown's leasing program brings together experienced commercial real estate professionals on both the office and retail sides. Christina Jolley, Kevin Carrasco, Tere Blanca and Danet Linares of Blanca Commercial Real Estate are serving as office leasing representatives for the project, bringing deep South Florida market relationships to the assignment. On the retail side, Zach Feldman of PEBB Enterprises is overseeing leasing efforts for the ground-floor commercial spaces, which will complement the office component and help activate the building's street-level presence. Together, these teams are well-positioned to drive leasing momentum as One Midtown moves toward delivery.
A Developer Partnership Built for the Market
The collaboration between PEBB Enterprises, Butters Construction & Development and Konsker Development brings together complementary strengths across development, construction and investment. Butters Construction & Development, a well-regarded South Florida builder with a long track record of delivering commercial projects across the region, adds construction expertise to a partnership already anchored by PEBB's development and asset management capabilities. The combination positions One Midtown to be executed with the efficiency and quality that Class A office tenants expect, while the partnership structure allows each firm to contribute its core competencies to a project that reflects the continued appetite for well-located, competitively priced office space in Boca Raton.