Levy Realty Advisors Negotiates Sale Of 123,000 SF Office/Warehouse Asset

6/23/16

Alan Levy

Levy Realty Advisors’ Broker and President Alan Levy represented the Buyer in the purchase of Boca Commercial Industrial Center, located at 990 S. Rogers Circle in Boca Raton, Florida.

990 S. Rogers Circle, LLC purchased the 123,000-square-foot office/warehouse facility from 990 South Rogers Circle Associates, LLC for $12,400,000.

The deal closed May 31. CBRE’s Christian Lee, Jose Lobon and Jeff Kelly represented the Seller in the transaction.

“The Seller required a quick closing due to loan maturity and we were able to negotiate and execute a contract on the Buyer’s behalf and close within just 25 days,” commented Levy.

Located in the South Congress Industrial Center on Rogers Circle, just south of the intersection of East Rogers Circle and Clint Moore Road. Boca Commercial Industrial Center is home to a number of high-profile tenants, including Ferguson Enterprises, ADT Security Services, Nature City, and Real Time Laboratories.

Levy has been awarded the exclusive right to manage and lease the newly acquired property.

About Levy Realty Advisors:

Levy Realty Advisors, Inc. was established in 1977 and is well known in the South Florida area for its expert advice in the Commercial and Industrial Real Estate industry. Alan Levy, Broker/President, and his company, specialize in the Sale, Property Management and Leasing of Multi-Tenant Commercial and Industrial Properties with emphasis in Office/Warehouse, Warehouse Complexes, Office and Medical Facilities. Levy Realty Advisors, Inc. is a family owned company heavily entrenched in Property Management and Leasing and is currently providing Property Management and Leasing Services for approximately 2,500,000 sq. ft. of buildings. For more information, please call 954.491.5505 or visit www.levyrealtyadvisors.com.

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