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CRE Florida Partners Completes Boca Raton Office Building Sale

Michael RauchĀ andĀ Tom Robertson, Senior Managing Partners withĀ CRE Florida Partners, represented the owners,Ā MDS Builders, in the sale of an office building located withinĀ Boca Raton Professional PlazaĀ atĀ 301 Crawford Blvd. in Boca Raton.

The office building sold for $2,700,000 ($180 per square foot) with a cap rate of 6.4%.

The 1979-built 2-story office building, which is located in the heart of Downtown Boca Ratonā€™s business district, totalsĀ  Ā±15,004 square feet and is 100% occupied. It has recently been updated and renovated.

ā€œThe property has a solid mix of local, well established tenants, very low deferred maintenance and a class ā€œAā€ location, making it an attractive purchase,ā€ commented Rauch.

Tom Robertson & MIchael RauchCRE Rauch, Robertson & Co.Ā is seeking leasing and investment sales professionals for its growing commercial real estate expansion in Broward and Palm Beach counties. Multiple positions are available within these and other Florida markets that offer a unique ground floor career opportunity to work closely with the firmā€™s FoundersĀ Tom RobertsonĀ andĀ Michael RauchĀ to move their vision for theĀ CRE Florida PartnersĀ brand forward. Commission and benefits are commensurate with experience. A Florida Real Estate License and Commercial Real Estate experience are required. Only qualified candidates should apply by forwarding resumes toĀ mail@crefloridapartners.com.

 

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