Boca Raton-based timeshare company Bluegreen Corporation is seeking a new headquarters in South Florida.
The publicly held company hired real estate advisory firm Newmark Grubb Knight Frank to find 100,000 square feet of office space “in or around Palm Beach and Broward counties,” Newmark Grubb said in a press release.
Bluegreen’s human resources chief Susan Saturday said in the press release that the company wants a headquarters location that will “allow us to continue to develop and expand.”
Bluegreen is based at the Boca Raton Innovation Campus, a business park formerly occupied by IBM Corporation, and its lease there expires at the end of 2018.
The company has more than 500 employees at its Boca Raton headquarters and 6,000 nationwide.
Founded in 1966, Bluegreen owns or manages 66 resorts across the country. Bluegeen’s parent company is Fort Lauderdale-based BFC Financial. [Sun-Sentinel] — Mike Seemuth