A limited liability company recently purchased the Meridian Commercial Office Buildings in Boca Raton, Fla., for $27.2 million.

Granite Meridian LLC, an institutional investment fund managed by BlackRock Inc., bought the 131,680-square-foot, two-building property from Meridian Commercial Properties.

The buildings, located in the Arvida Park of Commerce, were 100 percent leased on long-term leases to LexisNexis and Cross Country Health Care at the time of sale.

Show Comments Hide Comments

Comments

Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
Success!
Thank you for subscribing to Morning Headlines.
Back to top
We're here to help. Free 90-day trial for new subscribers.Click Here×