Allen Chelminsky Leases 11,510 SF Office At 1200 North Federal Highway To NFSG
Building Size
—
Asset Type
—
Closing
Jun 14, 2026
AI
The property involved in the transaction is an office asset located at 1200 North Federal Highway in Boca Raton. The total square footage of the property is 11,510. The landlord for this lease is Allen Chelminsky.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not specified
- Address: 1200 North Federal Highway
- Market: Boca Raton
- Asset Size: 11,510 SF
- Landlord: Allen Chelminsky
- Tenant: NFSG
- Tenant's Representative: Dean Katz, Carlyle Coffin & Greg Katz - Stream Realty Partners
The key individuals involved in this transaction include landlord Allen Chelminsky and tenant NFSG. The tenant is represented by Dean Katz, Carlyle Coffin, and Greg Katz from Stream Realty Partners, highlighting the collaboration involved in finalizing this lease agreement.
Players
Market CRE Market Snapshot
Boundary boundary · CRE · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93