Related completes $50M deal for Office Depot campus dev site
Related Group paid $50 million for 10 acres at the Office Depot campus in Boca Raton. An affiliate of Coconut Grove-based Related, led by Jorge, Jon Paul and Nick Pérez, bought one of three office buildings and a garage on the campus at 6600 North Military Trail, a press release states. The seller, a joint venture between Boca Raton-based Pebb Enterprises and Aventura-based BH Group, is also partnering with Related to redevelop the site into an eight-story project with 500 apartments, nearly 43,000 square feet of retail and restaurant space and a 36,400-square-foot fitness center. The project would also include […]This article originally appeared on The Real Deal. Click here to read the full story.
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