CB Richard Ellis brokers Boca Raton deal

Buyer pays $208 a square foot
Published on Mar 25, 2008

Get Inman via Facebook Messenger
Our top headlines delivered once a day.
by CareyBot

Brokerage CB Richard Ellis today announced it negotiated the sale of a 40,720-square-foot office building in Boca Raton, Fla.

Representing seller 7800 Congress LC, the property sold for nearly $8.5 million to REM Management Inc.

At the time of sale, publicly traded URS Corp. occupied 61 percent of the class A property.

***

What's your opinion? Leave your comments below or send a letter to the editor.

Comments