Investments Limited Acquires Office Property In Boca Raton For $38.15 Million From John H. Slavik

The office property located at 555 South Federal Highway in Boca Raton, FL, encompasses 249,794 square feet and was sold for $38,150,000. The asset sits on 2.21 acres and consists of four- and six-story buildings, along with a parking garage. The transaction reflects a price per square foot of $153.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $38,150,000
• Address: 555 South Federal Highway, Boca Raton, FL
• Asset Size: 249,794 SF
• Price Per Square Foot: $153
• Buyer: Investments Limited
• Seller: John H. Slavik
• Acres: 2.21

The transaction was facilitated by an affiliate of Investments Limited, which acquired the property from a company managed by John H. Slavik. The existing tenants at the property include Truist Bank and JPMorgan Chase, highlighting its commercial importance in the area.