Butters Construction & Development Acquires Office Building In Boca Raton For $13M | 950 Peninsula Corporate Circle | Tyler Kuhlman, Douglas (Doug) Mandel | Office | Sale

Summary

Sale

FLORIDA

Office

47,585 sqft

An office property located at 950 Peninsula Corporate Circle in Boca Raton has been sold for $13,000,000. The property spans a total area of 47,585 square feet, resulting in a price per square foot of $273. The transaction took place on January 24, 2020. The seller of the property was D'Arcy Realty, LLC.

Summary of transaction details

Property Type: Office
Transaction Amount: $13,000,000
Address: 950 Peninsula Corporate Circle, Boca Raton
Market: Boca Raton
Buyer: Butters Construction & Development - Malcolm Butters
Seller: D'Arcy Realty, LLC

The buyer, Butters Construction & Development represented by Malcolm Butters, acquired the property. The deal was facilitated by brokers Douglas K. Mandel and Tyler Kuhlman from Marcus & Millichap.

Players

All
3

Agents
2
Agencies
1

Tyler Kuhlman

Senior Associate

$514.4M Sold

Douglas (Doug) Mandel

Executive Managing Director Investments

$674.7M Sold

Marcus & Millichap

Details

Deal Summary

SOLD

IMAGE: Malcolm Butters, Douglas K. Mandel & Tyler Kuhlman DATE: 01/24/2020 ADDRESS: 950 Peninsula Corporate Circle MARKET: Boca Raton ASSET TYPE: Office PRICE: $13,000,000 SF: 47,585 ~ PPSF: $273 BUYER: Butters Construction & Development - Malcolm Butters SELLER: D’Arcy Realty, LLC BROKER: Douglas K. Mandel, Tyler Kuhlman - Marcus & Millichap

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Address950 Peninsula Corporate Circle

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