Berger Commercial Realty Facilitates Purchase Of Boca Building

Berger Commercial Realty  /   December 19, 2016

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Berger Commercial Realty Palm Beach County Managing Director Michael Feuerman recently facilitated the $7.2 million purchase of the Boca Maritime Building from Boca Maritime, Inc.

With the purchase, the buyer retained Berger Commercial Realty to manage and lease the property.

“The buyer saw this property as an ideal owner-user and investment opportunity,” Feuerman said. “With a mix of medical and professional tenants already in place, the buyer will occupy a portion of the building while Berger Commercial Realty leases the remaining space.”

The property was originally built by Boca Maritime to serve as its headquarters. With the transaction, Boca Maritime will continue to occupy space on the first floor of the building.

Located at 3020 N. Military Trail in Boca Raton, the 31,609-square-foot building is a two-story, Class-A office building situated on a 2.05-acre lot just west of I-95 between Glades Road and Yamato Road. The building features impact glass, surface and covered parking, round-the-clock access and signage fronting Military Trail.

 

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