Brady Titcomb Of JLL Represents Twin Star Home In Boca Raton Lease
750 Park of Commerce Boulevard
Building Size
15,509 SF
Asset Type
Office
Closing
Mar 26, 2024
AI
The office property located at 750 Park of Commerce Boulevard in Boca Raton spans 15,509 square feet. This modern, Class A LEED certified building reflects Twin Star Home's commitment to South Florida.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not provided
- Tenant: Mark Gold - Twin Star Home
- Landlord's Rep: Mike Nathanson - Workspace Property Trust
- Tenant's Rep: Brady Titcomb - JLL
JLL played a pivotal role in orchestrating Twin Star Home's relocation to Boca Raton, showcasing the company's dedication to fostering a collaborative work environment in the growing innovation hub of Boca Raton. Brady Titcomb led the relocation efforts, ensuring a seamless transition to their new office space.
Players
Boca Raton Office Market Snapshot
Boundary boundary · Office · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93