Neil Merin, Jordan C. Paul & Dung Lam Acquire Boca Raton Office For $45.9M

The office property located at 999 & 1001 Yamato Road in Boca Raton has been sold in a transaction involving Neil Merin, Jordan C. Paul & Dung Lam. The property was purchased by MHCommercial Real Estate Fund II, along with their joint venture partner. The seller of the property was Adler Real Estate Partners. The sale price for the property was $45,925,000, and it encompasses a total area of 171,724 square feet, resulting in a price per square foot of $267.

Summary of transaction details

• Property Type: Office
• Transaction Amount: $45,925,000
• Address: 999 & 1001 Yamato Road, Boca Raton
• Market: Boca Raton

Neil Merin, Jordan C. Paul & Dung Lam, representing MHCommercial Real Estate Fund II, were the buyers in this transaction. They were assisted by their joint venture partner. On the seller's side, the deal was facilitated by Adler Real Estate Partners.