PEBB Enterprises Acquires Office Building In Boca Raton For $14.5M

5900 Broken Sound Parkway Northwest, Boca Raton, FL 33487, USA

$14,500,000

$187/SF

Building Size

77,340 SF

Asset Type

Office

Closing

Jul 15, 2020

AI

The property located at 5900 Broken Sound Parkway NW in Boca Raton is an office asset sold for $14,500,000. The total square footage of the property is 77,340, with a price per square foot of $187. The transaction occurred on July 15, 2021.

Summary of transaction details:

Property Type: Office
Transaction Amount: $14,500,000
Buyer: PEBB Enterprises
Seller: 5900 Broken Sound LLC
Broker: Jeff Kelly - CBRE

The deal involved key individuals Jeff Kelly, representing the broker CBRE, in facilitating the transaction between the buyer, PEBB Enterprises, and the seller, 5900 Broken Sound LLC. This collaboration resulted in the successful transfer of ownership for the office property.

Players