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Equinox Signs 36700 Square Foot Lease At Boca Raton Office Redevelopment With Landlords Related Group BH Group PEBB Enterprises

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LEASED

Florida

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Office36,700 SF
Leased 01/29/2025
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LEASED

Equinox Signs 36700 Square Foot Lease At Boca Raton Office Redevelopment With Landlords Related Group BH Group PEBB Enterprises

6600 North Military Trail

See Similar Deals
Office36,700 SF
Leased 01/29/2025

Summary

FLORIDA
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:36,700 SF
Transaction Type:Lease

The asset involved in this transaction is a 36,700-square-foot office space located at 6600 North Military Trail in Boca Raton. The area is currently undergoing redevelopment into a mixed-use campus. The project encompasses a 29-acre site that will include 400,000 square feet of office space, a 500-unit apartment complex, nearly 43,000 square feet of retail space, and 1,160 parking spots.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not specified
  • Address: 6600 North Military Trail
  • Market: Boca Raton
  • Landlord: Jorge M. Pérez & Jeff T. Blau - Related Group, Isaac Toledano & Liat Toledano - BH Group, Ian Weiner - PEBB Enterprises
  • Tenant: Marc Mastronardi - Equinox
  • Lease Signed: Yes

Equinox, represented by Marc Mastronardi, has entered into a lease agreement for the office space as part of the redevelopment initiative led by Related Group, BH Group, and PEBB Enterprises. The collaboration aims to transform the former Office Depot headquarters into a vibrant mixed-use environment, contributing to the area's growth and development.

Details

LEASED
IMAGE: Ian Weiner, Isaac Toledano, Jorge M. Pérez, Liat Toledano, Jeff T. Blau & Marc Mastronardi DATE: 01/29/2025 ADDRESS: 6600 North Military Trail MARKET: Boca Raton ASSET TYPE: Office ~ SF: 36,700 LANDLORD: Jorge M. Pérez & Jeff T. Blau - Related Group (@Related_Group) , Isaac Toledano & Liat Toledano (@Liat_8) - BH Group (@BHGroupMiami); Ian Weiner - PEBB Enterprises TENANT: Marc Mastronardi - Equinox (@Equinox) NOTE: Equinox signed a 36,700-square-foot lease at the former Office Depot headquarters in Boca Raton, now being redeveloped into a mixed-use campus by Related Group, BH Group, and PEBB Enterprises. The 29-acre site will feature 400,000 square feet of office space, a 500-unit apartment complex, nearly 43,000 square feet of retail, and 1,160 parking spots. &JeffTBlau

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Net Landlord Cash Flow$2,103,621.85