Lease roundup: Pebb, BH score renewable energy firm at Office Depot HQ

Plus: A wellness center will open at the Sentral apartment building in Wynwood

Pebb Enterprises, BH Group, Iconiq Capital Score Tenants
Pebb Enterprises' Ian Weiner and BH Group’s Liat and Isaac Toledano with The Offices at 6600 North Military Trail in Boca Raton (Pebb Enterprises, Atlantic Aerial Imaging)

MN8 Energy | Boca Raton

 

A renewable energy company will open an outpost at the Office Depot headquarters campus in Boca Raton

 

MN8 Energy leased 20,400 square feet at 6600 North Military Trail, according to a news release from the landlords. 

 

Pebb Enterprises and the Toledano family’s BH Group own the 650,000-square-foot office complex. They bought the property for $104 million from Office Depot’s parent company, ODP Corporation. Under the leaseback deal, Office Depot continues to rent about 300,000 square feet for its headquarters. The lease term is five years. 

 

Boca Raton-based Pebb and Aventura-based BH have rechristened the 29-acre property The Offices at 6600 N Military Trail. The firms will renovate some of the office buildings, and also partnered with Related Group on a planned redevelopment of one building into a nine-story project with 500 residential units and 42,000 square feet of retail. 

 

Joe Freitas and John Criddle of CBRE are leasing the campus on behalf of the landlords. 

 

MN8, based in New York, provides renewable power generation, electric vehicle charging, battery storage and other clean energy services. The firm was originally founded as part of Goldman Sachs, but separated in 2022. 

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The NOW | Wynwood | Miami

 

A wellness center will open at the Sentral apartment building in Miami’s Wynwood

 

The NOW massage center leased more than 2,100 square feet on the ground floor at 51 Northwest 26th Street, according to a news release from the landlord’s broker. The NOW is expected to open next month, marking the company’s first outpost in Miami. 

 

Founded in Los Angeles, The NOW has wellness centers nationwide, including in Fort Lauderdale, Plantation, Jacksonville and Orlando, according to its website. 

 

Christine Nebiar and Alex Yanoff were part of the Brand Urban team that represented the landlord. Carly Wilmes of Fischer & Company represented the tenant. 

 

Records show Iconiq Capital owns the 175-unit Sentral building. The firm paid $74 million for the property in 2021. 

 

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