Office Boca Raton FL
Investment Highlights
Boca Raton, FL 379K SF Class A office campus across 3 towers, 86% leased with 6-year WALT and NNN leases. Institutional tenant roster includes major financial institutions, Big Four professional services firms, a global wealth manager, a national securities regulator and a leading healthcare staffing company. In-place NOI approximately $13.3M with significant upside through lease-up and rents currently about 22% below market, driving projected stabilized NOI to approximately $19.8M. Asking $200M, approximately 7% going-in yield with low-9% stabilized yield on cost
Location
📍 Boca Raton FL
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Who finances deals like this
The lenders with the most recorded office mortgages since 2021, from public ACRIS filings.
- Deutsche Bank Ag, New York Branch — 24 loans, typically $7.04M–$30.17M
- Athene Annuity And Life Company — 16 loans, typically $2.74M–$45M
- Metlife Real Estate Lending LLC — 8 loans, typically $1.15M–$25M
- Reznik Paz Nevo Trusts Ltd., As Trustee — 5 loans, typically $9.64M–$40.79M
- Emerald Creek Capital 4, LLC — 5 loans, typically $2.02M–$27.5M
Crezly connects borrowers and lenders. Crezly is not a loan broker, does not negotiate terms, and receives no compensation contingent on any loan closing.
Underwrite this deal
Pro-forma, debt sizing against real recorded NYC leverage, cash flow, IRR and a sensitivity grid. Free account — no card.
