The Real Deal Miami

Large Boca Raton office trades for $76M

One Boca Raton Place last sold for $48M in 2001
August 18, 2014 05:00PM

From left: One Boca Place and Thomas Crocker

From left: One Boca Place and Thomas Crocker

One of the largest office buildings in South Florida has traded hands to the tune of $76.35 million.

One Boca Place Inc. sold the nearly 277,390-square-foot property to a joint venture managed by Crocker Partners and listed as CP Boca Place, the South Florida Business Journal reported. The property, which has an address at 2255 West Glades Road, last sold for $44.7 million in 2001, according to the newspaper.

Rents at One Boca Place have been listed for as much as $24 per square foot.

CBRE became the leasing and property manager for the building in 2012. [SFBJ]Tom DiChristopher