Institutional Property Advisors - Marcus & Millichap Acquires Office Building In Boca Raton For $9.5M

The office property located at 1095 Broken Sound Parkway in Boca Raton has been sold for a price of $9,500,000. The transaction took place on September 22, 2022. The property spans across 46,593 square feet, resulting in a price per square foot of $204. The sale was facilitated by brokers Douglas K. Mandel, Tyler S. Kuhlman, and Zachary Levine of Institutional Property Advisors, which operates under Marcus & Millichap.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $9,500,000
• Address: 1095 Broken Sound Parkway, Boca Raton
• Market: Boca Raton

Douglas K. Mandel, Tyler S. Kuhlman, and Zachary Levine, representing Institutional Property Advisors - Marcus & Millichap, played a crucial role in the successful sale of this office property in Boca Raton. Their expertise and efforts were instrumental in closing the transaction at a price of $9,500,000.