Dennis Ryan Acquires Office Asset From Ben Suiskind In Boynton Beach For $5M
2600 Quantum Boulevard
$5,000,000
$230/SF
Building Size
21,732 SF
Asset Type
Office
Closing
Jul 6, 2025
About this deal
AI
The asset involved in this transaction is an office property located at 2600 Quantum Boulevard in Boynton Beach. The sale price for the property was $5,000,000, encompassing a total square footage of 21,732, which calculates to a price per square foot of $230.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $5,000,000
- Address: 2600 Quantum Boulevard
- Market: Boynton Beach
- Square Footage: 21,732
- Price per Square Foot: $230
- Buyer: Dennis Ryan
- Seller: Ben Suiskind
- Brokers: Connor Anthony, Alexander Machado & Rob Goldberg - Matthews Real Estate Investment Services
This transaction involves key participants including the buyer, Dennis Ryan, and the seller, Ben Suiskind. The deal was facilitated by the brokerage team from Matthews Real Estate Investment Services, comprised of Connor Anthony, Alexander Machado, and Rob Goldberg, representing the interests of the involved parties.
On the Map
$5,000,000
$230/SF
Office
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Players
Boynton Beach Office Market Snapshot
Boundary boundary · Office · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.17%
Cash-on-Cash
-0.91%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93