Normandy Insurance Corporation Acquires Office In Boca Raton For $3.46M

An office property located at 4800 N Federal Hwy in Boca Raton has been sold for $3,465,000. The property spans 15,926 square feet, resulting in a price per square foot of $218. The transaction took place on February 18, 2021.

Summary of transation details

• Property Type: Office
• Transaction Amount: $3,465,000
• Square Footage: 15,926
• Price per Square Foot: $218
• Address: 4800 N Federal Hwy, Boca Raton
• Market: Boca Raton

The buyer of the property is Normandy Insurance Corporation, while Sahap Sicimoglu is the seller. The transaction was facilitated by Alexis Shapiro and Robert Burstein from ONE Commercial.