Grover Corlew Acquires Office Building In Boca Raton For $25.2M

The office property located at 120 E Palmetto Park Road in Boca Raton has been sold in a recent transaction. The property, spanning 66,606 square feet, was sold for a total of $25,200,000. This translates to a price per square foot of $378. The sale was facilitated by Dominic Montazemi of Cushman & Wakefield. The buyer, Grover Corlew, was represented by Mark Corlew.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $25,200,000
• Address: 120 E Palmetto Park Road, Boca Raton
• Market: Boca Raton
• Buyer: Grover Corlew - Mark Corlew
• Seller: Kireland Palmetto Park, LLC
• Square footage: 66,606
• Price per square foot: $378

Dominic Montazemi of Cushman & Wakefield played a key role as the broker in facilitating the sale. The seller, Kireland Palmetto Park, LLC, entered into the transaction with the buyer, Grover Corlew, who was represented by Mark Corlew.