Sep
13
Marcus & Millichap Arrange JV for Boca Raton Office Sale
ByThe firm facilitated the sale of Sabre Center I, the former headquarters of Siemens Corp. located within the Park at Broken Sound office complex.
Sabre Centre I
Miami—Marcus & Millichap facilitated a joint venture management restructure for Sabre Centre I, a 102,351-square-foot office building located in Boca Raton, Fla. Marcus & Millichap Senior Vice President and Institutional Property Advisors (IPA) Senior Director Douglas Mandel, along with National Office and Industrial Properties Group Associate Timothy Thomas led the negotiations.
“Sabre Centre I provided G&C Sabre Investors LLC with the opportunity to partner on a value-add trophy office asset in one of the region’s most highly sought-after submarkets.” said Mandel in a prepared statement…
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