Jon Paul Pérez Of Related Group Acquires 9.9 Acres In Boca Raton From Isaac Toledano And Ian Weiner For $50M

A 9.9-acre parcel located at 6600 North Military Trail in Boca Raton has been sold for $50 million. The sale involves a significant land asset intended for development, paving the way for future residential and commercial projects.

Summary of transaction details:

• Property Type: Land
• Transaction Amount: $50,000,000
• Buyer: Jon Paul Pérez - Related Group
• Seller: Isaac Toledano - BH Group
• Seller: Ian Weiner - PEBB Enterprises
• Market: Boca Raton
• Acreage: 9.9 acres

Isaac Toledano and Ian Weiner were the sellers representing BH Group and PEBB Enterprises, respectively, in the transaction. The site plan includes provisions for a 500-unit apartment project, two office buildings, retail outparcels, and a luxury fitness center, indicating a comprehensive development strategy in the Boca Raton area.