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Milhous Group sells industrial, office properties in Broward and Palm Beach: $39M

Loans on the four properties were set to expire on May 31

The Boca Raton-based Milhous Group has sold four office and industrial properties in Palm Beach and Broward counties for a combined $38.8 million.

Three of the buildings are in the Park at Broken Sound in Boca […]

By |June 6th, 2016|PARK In The News|0 Comments

Orangetheory moving headquarters to Boca

Orangetheory Fitness to move headquarters to Boca Raton from Fort Lauderdale

Booming franchise company Orangetheory Fitness is moving its headquarters to Boca Raton from Fort Lauderdale.

The exercise franchise, which began in Fort Lauderdale in 2010, today has 430 studios worldwide, including 35 in South Florida.

“We’re looking at making South […]

By |June 6th, 2016|PARK In The News|0 Comments

Governor Scott Announces Expansion of Epoca International in Boca Raton

 – Today, Governor Rick Scott announced that Epoca International, Inc., a distributor for household consumer goods, will expand its headquarters in Boca Raton and create 17 new jobs. Epoca’s expansion will also result in a capital investment of $3.1 million in the […]

By |May 6th, 2016|PARK In The News|0 Comments

Jimmy Tate, Sergio Rok close $50M loan for luxury Boca Raton Apartments

Developers will build a 282-unit luxury apartment project with retail space

Developers Jimmy Tate and Sergio Rok closed on a $50 million mortgage for the Boca Raton development site of a luxury apartment project.

Records show TR Danburg Boca Holdings LLC, took out the loan for the land in […]

By |April 11th, 2016|PARK In The News|0 Comments

Developer Proposes 300 Apartments in Boca Raton’s Park at Broken Sound

By Brian Bandell

The introduction of residential into the Park at Broken Sound in Boca Raton (formerly the Arvida park of Commerce) has continued at a rapid clip with a seventh proposed multifamily project.

The city received an application for 5201 Residential on July 22 with plans for 300 multifamily units totaling 322,864 square feet. It would be […]

By |August 12th, 2015|PARK In The News|Comments Off on Developer Proposes 300 Apartments in Boca Raton’s Park at Broken Sound

Two Big Residential Developments Proposed In Boca Raton

By Brian Bandell

A golf course and a business park in Boca Raton could be converted to residential under two separate development proposals that were recently filed with the city.

Residences at Broken Sound, an affiliate of New York-based Praedium Group, submitted an application to demolish the two office buildings at 5500 Broken Sound Blvd. and construct five […]

By |July 6th, 2015|PARK In The News|Comments Off on Two Big Residential Developments Proposed In Boca Raton

Suburban Goes Urban

By Kevin Gale

Suburban office parks are the poster children for urban sprawl, but South Florida is joining a national movement that seeks to address the issue.

The New York Times and The Wall Street Journal have written about dozens of office parks throughout the U.S. that are getting makeovers and turning into the live, work and play […]

By |June 25th, 2015|PARK In The News|Comments Off on Suburban Goes Urban

Boca’s Arvida Park Gets New Name, Stores, Multi-family Homes

By Dale King

The “Grand Dame” of commercial office parks in Boca Raton, the 700-acre, 37-year-old Arvida Park of Commerce, is getting a new name – and a new mission.

With a cross-section of civic, business, commercial and residential real estate industry leaders, economic development stakeholders and media in attendance at a news conference on April 28, the […]

By |June 4th, 2015|PARK In The News|Comments Off on Boca’s Arvida Park Gets New Name, Stores, Multi-family Homes

Some Firms Learn You Just Can’t Beat the ‘Burbs’

By Robyn A. Friedman

It is well known that technology companies and other firms that hire loads of young workers have been expanding in cities, opting to locate in places where employees have ready access to restaurants, shopping and entertainment. Read more

By |May 12th, 2015|PARK In The News|Comments Off on Some Firms Learn You Just Can’t Beat the ‘Burbs’

Arvida Park Of Commerce Transforms With New Name, Visual Branding And Strategic Communications Plans For Heightened Destination Awareness

By Onlinek

The Trailblazing ‘Grande Dame’ of Commercial Office Parks In The Late 70s
Now Re-Positioned As The Park At Broken Sound
With an influential cross-section of civic, business, commercial and residential real estate industry leaders, economic development stakeholders and media in attendance today, the Arvida Park of Commerce (APOC) Associations revealed a new name, a visual branding program […]

By |May 6th, 2015|PARK In The News|Comments Off on Arvida Park Of Commerce Transforms With New Name, Visual Branding And Strategic Communications Plans For Heightened Destination Awareness