Boca Raton Apartment Or Condo Home Trades for $57M.

Boca Raton House Home Trades for $57M

Order Reprints …

Bell Partners Inc. has gotten The Lumin, a 180-unit apartment or condo building in Boca Raton. The sales price was $56.5 million.

The residential or commercial property is located within The Park at Broken Noise, a 700-acre residential, office, retail as well as hospitality master advancement in Boca Raton. At the time of sale, the building was 96% rented.

The vendor was a joint endeavor between The Davis Cos. (TDC) and also Mainstreet Capital Allies. The JV created the residential property in 2015 with a plan to take advantage of the City of Boca Raton’s vision for the redevelopment of the Broken Audio workplace campus right into a mixed-use community. The acquisition was composed of a 115,986-square-foot office building on one parcel as well as two single-story flex commercial structures on a different parcel. Building and construction on The Lumin was completed in October 2018.

Get in touch with TDC

Get In Touch With Bell Partners

Register for Link Daily National

For remarks, concerns or concerns, please call David Cohen

Leave a Reply

Your email address will not be published.

This site uses Akismet to reduce spam. Learn how your comment data is processed.