CB Richard Ellis brokers Boca Raton deal

Buyer pays $208 a square foot

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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.

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