Eric Hochman |
The joint venture completed a significant office lease transaction, with anchor tenant ODP Corp. signing a long-term lease extension at the property.
ODP Corp.’s amended
lease ensures that the company’s global headquarters will remain in Boca Raton
at 6600 North Military Trail until at least 2033.
It is further
consolidating space and will now occupy the entire 214,684-square-foot of
leasable area within the central tower after previously leasing space spread
out across the three towers.
BH Group, PEBB and Related Group are proposing a mixed-use
redevelopment to replace the southern office tower with 500 multifamily units
to wrap around the southern parking garage and overlook the Old Course at
Broken Sound golf course.
Isaac Toledano |
“In a changing
office sector, tenants want to be in dynamic mixed-use environments,” Isaac
Toledano of BH Group said. “We
are poised to create a true town center for the area and bring Boca Raton new
high-quality residences.”
CONTACT:
Daniel Benjamin
Account Director
dbenjamin@boardroompr.com
C 954-618-8287
O 954-370-8999
Web | Facebook | Instagram | LinkedIn | Twitter
https://www.bhgroupmiami.com/.
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