Blair Rolnick Acquires Office In Boca Raton From Malcolm Butters For $13.8M

Located at 851 Broken Sound Pkwy NW in Boca Raton, this office property was recently sold in a transaction facilitated by Marcus & Millichap. The property spans 60,550 square feet and was purchased by Blair Rolnick from seller Malcolm Butters for a total sale price of $13,800,000, resulting in a price per square foot of $228.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $13,800,000
• Address: 851 Broken Sound Pkwy NW
• Market: Boca Raton
• Buyer: Blair Rolnick
• Seller: Malcolm Butters
• Brokers: Tyler S. Kuhlman & Douglas K. Mandel - Marcus & Millichap

The deal, which closed on 06/07/2022, was successfully negotiated by Tyler S. Kuhlman and Douglas K. Mandel from Marcus & Millichap, acting as the representatives for the buyer and seller, respectively. This transaction marks a significant move in the Boca Raton market, demonstrating the continued interest in office spaces in the area.