Nick Georghiades Of Axia GeoCapital Purchases Office Property From Azrieli Family For $20.6M

The property asset involved in this transaction is an office building located at 621 Northwest 53rd Street in Boca Raton. The sale price was $20,600,000, and the building encompasses a total of 237,331 square feet, resulting in a price per square foot of $86.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $20,600,000
• Address: 621 Northwest 53rd Street
• Market: Boca Raton
• Square Footage: 237,331
• Price Per Square Foot: $86
• Buyer: Nick Georghiades - Axia GeoCapital
• Seller: Azrieli Family - Canpro Investments
• Brokers: Matthew McCormack, Max Lescano, Ike Ojala, Hermen Rodriguez, Brady Titcomb, Blake Koletic & Hunter Smith - JLL

The transaction was facilitated by a team of brokers from JLL, who played a critical role in bringing together Nick Georghiades of Axia GeoCapital and the Azrieli Family representing Canpro Investments. The brokers involved were Matthew McCormack, Max Lescano, Ike Ojala, Hermen Rodriguez, Brady Titcomb, Blake Koletic, and Hunter Smith.