Macquarie Capital Acquires Office, Retail & Land Assets In Boca Raton For $261.5M

Macquarie Capital, in partnership with Vanderbilt Office Properties and Site Centers, has acquired a portfolio of properties in Boca Raton for a total sale price of $261,500,000. The assets involved in the transaction include office spaces, retail properties, and land located at 5100 and 5200 Town Center Circle, 1800 North Military Trail, 5050 Town Center Circle, 1776 North Military Trail, and 1900 North Military Trail. The deal was finalized on 04/08/2022. The seller, Barings, successfully sold the properties to the buying consortium.

Summary of transaction details

• Property Type: Office, Retail, and Land
• Transaction Amount: $261,500,000
• Buyer: Macquarie Capital (Shemara Wikramanayake), Vanderbilt Office Properties (Casey Wold), Site Centers (David Lukes)
• Seller: Barings
• Date: 04/08/2022
• Address: 5100 and 5200 Town Center Circle, 1800 North Military Trail, 5050 Town Center Circle, 1776 North Military Trail, 1900 North Military Trail
• Market: Boca Raton

Macquarie Capital, along with Vanderbilt Office Properties and Site Centers, played a key role in the acquisition of the properties in Boca Raton. Shemara Wikramanayake, representing Macquarie Capital, led the buying consortium, while Casey Wold from Vanderbilt Office Properties and David Lukes from Site Centers provided support in the deal. This transaction marks a significant investment in the Boca Raton market and highlights the growing interest in office, retail, and land assets in the area.