Titan General Partners Acquires Mixed-Use Property In Boca Raton For $155M

The mixed-use property located at 7000 West Palmetto Park, 7000-7700 West Camino Real, 21301 Powerline Road, and 6853-6909 Southwest 18th Street in Boca Raton has been sold. The transaction took place on March 3, 2021. The property encompasses both office and retail spaces.

Summary of Transaction Details:

• Property Type: Mixed-use (Office & Retail)
• Date: 03/03/2021
• Address: 7000 West Palmetto Park, 7000-7700 West Camino Real, 21301 Powerline Road & 6853-6909 Southwest 18th Street
• Market: Boca Raton
• Buyer: Titan General Partners
• Seller: TJAC Development
• Brokers: Ayal Frist & Dan Statlander - Stateland Brown
• Price: $155,000,000
• Square Footage: 515,000
• Price Per Square Foot: $301

The deal involved the buyer, Titan General Partners, and the seller, TJAC Development. The brokers representing both parties were Ayal Frist and Dan Statlander from Stateland Brown. The transaction closed at a price of $155,000,000, with a total square footage of 515,000 and a price per square foot of $301.