Project Update

BH Group and PEBB Enterprises are generating substantial office leasing activity at the joint venture’s 6600 North Military Trail in Boca Raton. The newest tenant to commit to the property is I Heart Mac & Cheese.

A national fast-casual food concept, I Heart Mac & Cheese will establish its corporate headquarters at 6600 North Military Trail. About 30 employees are expected to be based at the 7,118-square-foot office. I Heart Mac & Cheese has more than 40 locations throughout the U.S., with 100 more slated to open in 2024 and 2025.

I Heart Mac & Cheese will occupy space on the building’s third floor, which has been converted into a number of spec suites ranging from 2,500 to 7,000 square feet.

“Blue-chip corporate office tenants are realizing that 6600 North Military Trail offers prime office space in an unmatched location,” PEBB Chief Investment Officer Eric Hochman said. “Our ongoing capital improvements plan, and long-term strategy to incorporate residential, retail, restaurant and luxury gym components, only enhance the property’s appeal. We are thrilled to welcome I Heart Mac & Cheese to 6600 North Military Trail.”

Joe Freitas and John Criddle of CBRE, and Adam Starr of PEBB, are handling leasing at 6600 North Military Trail (formerly known as the Office Depot headquarters) on behalf of BH Group and PEBB. Pete Schlang of Woolbright Developers represented Mac and Cheese Franchise Operations, LLC in the transaction.

The lease was finalized just a few weeks after BH Group and PEBB completed a long-term lease extension with anchor tenant ODP Corp. to ensure the company’s global headquarters remains in Boca Raton until at least 2033.

BH Group, PEBB and Related Group recently received a critical zoning ordinance approval for the partnership’s planned mixed-use redevelopment from the Boca Raton City Council. The proposed project includes 500 multifamily units, a 36,700-square-foot luxury gym and four retail and restaurant outparcel buildings totaling +/- 42,000 square feet. The other two office buildings totaling 407,500 square feet will remain with the northern tower being converted into a class-A multi-tenant office building.

BH Group and PEBB acquired the 6600 North Military Trail site in April 2023. The joint venture was honored with the South Florida Business Journal’s Terry Stiles Deal of the Year Award during the publication’s annual Structures Awards event in recognition of the impactful acquisition.

The site includes 650,000 square feet of office buildings on nearly 29 acres overlooking the Broken Sound Country Club’s golf course. It features an array of amenities for future office tenants to enjoy, such as a state-of-the-art fitness center, cafeteria, auditorium, many conference rooms and covered parking.