The Real Deal Miami

Boca Corporate Plaza sells for $8.55 million

June 10, 2010 09:45AM

The buyer plans to renovate Boca Corporate Plaza

CB Richard Ellis Capital Markets has arranged the sale of Boca
Corporate Plaza, a six-story, 89,503-square-foot office building in
Boca Raton. The seller was Invesco Real Estate. The plaza is located at
7900 Glades Road, is on the east side of Florida’s Turnpike at the
intersection of Glades Road within a 22-acre mixed-use lakeside
development. Almaco Group, Spherion Atlantic Resources, Katzman
Wasserman and DEX Imaging are all tenants in the building. The buyer
was Pebb Enterprises, a local investor, which plans to renovate the
property. TRD