Latest News – PEBB Enterprises

PEBB Enterprises Secures $35 Million Refinancing for Two Boca Raton Office Properties

PEBB Enterprises successfully closed on a $35 million refinancing for two of the firm’s Boca Raton office properties. The loan was provided by Citibank, N.A., which also served as the original lender on the assets. The refinancing includes Boca Corporate Plaza, an 89,336-square-foot Class A office building located at 7900 Glades Road, and 5900 Broken … Continue reading “PEBB Enterprises Secures $35 Million Refinancing for Two Boca Raton Office Properties”

BH Group and PEBB Enterprises Finalize New Office Lease with MDVIP at The Eclipse in Boca Raton

BH Group and PEBB Enterprises, the joint venture partners behind the transformative mixed-use redevelopment of The Eclipse in Boca Raton (formerly the Office Depot headquarters), executed a significant new office lease with MDVIP, a national leader in personalized primary care. MDVIP will occupy 49,466 square feet, moving its corporate headquarters to the ground floor of … Continue reading “BH Group and PEBB Enterprises Finalize New Office Lease with MDVIP at The Eclipse in Boca Raton”

PEBB Enterprises Closes Sale of Delray Landing in Delray Beach

PEBB Enterprises, a privately held, full-service real estate investment and development company, completed the successful sale of Delray Landing, a Sprouts-anchored neighborhood shopping center in Delray Beach. PEBB, in a joint venture with Cincinnati-based Topvalco Inc., sold the property for $30 million to 30 Realty LLC. The transaction closed on Jan. 22. Eric Williams and … Continue reading “PEBB Enterprises Closes Sale of Delray Landing in Delray Beach”

PEBB Enterprises Closes Office Property Sale in Fort Lauderdale’s Cypress Creek

PEBB Enterprises, a privately held, full-service real estate investment and development company, completed the disposition of the 6400 Building in Fort Lauderdale’s Cypress Creek neighborhood. The $11.93 million transaction closed on Dec. 17. JS Florida Ventures, LLC and HS Florida Ventures, LLC purchased the 55,241-square-foot office building at 6400 N. Andrews Ave. The building is … Continue reading “PEBB Enterprises Closes Office Property Sale in Fort Lauderdale’s Cypress Creek”

BH Group and PEBB Enterprises Secure $89.9 Million Financing for The Eclipse in Boca Raton

BH Group and PEBB Enterprises closed an $89.88 million financing transaction for The Eclipse, a mixed-use redevelopment, in Boca Raton (formerly known as the Office Depot headquarters). The new loan, provided by City National Bank, with participant Abanca, represents an increase in loan proceeds from $47 million to $89.88 million. The transaction closed on Nov. … Continue reading “BH Group and PEBB Enterprises Secure $89.9 Million Financing for The Eclipse in Boca Raton”

PEBB Enterprises, Contrarian Capital Close $17.4 Million Sale of Office Building at Meridian Park of Commerce

PEBB Enterprises, in partnership with Contrarian Capital, announces the $17.4 million disposition of a 70,400 square-foot office building within Boca Raton’s Meridian Park of Commerce. The price equated to $247 per square foot. The sale of the 6551 Park of Commerce Blvd. building closed on Oct. 23. It marks PEBB and Contrarian’s successful exit from … Continue reading “PEBB Enterprises, Contrarian Capital Close $17.4 Million Sale of Office Building at Meridian Park of Commerce”

PEBB Enterprises, Banyan Development Expand Treasure Coast Presence with New Commercial Real Estate Acquisition

PEBB Enterprises and Banyan Development continue to target the Treasure Coast region for strategic investment opportunities, with a particular focus on rapidly growing Port St. Lucie. In the latest example, the joint venture just closed on the $15.25 million purchase of a Class A industrial building in St. Lucie West Commerce Park. The 122,626-square-foot facility … Continue reading “PEBB Enterprises, Banyan Development Expand Treasure Coast Presence with New Commercial Real Estate Acquisition”

PEBB Enterprises, Banyan Development Bring Lowe’s to New Retail Project in Port St. Lucie’s Tradition

PEBB Enterprises and Banyan Development significantly enhanced the joint venture’s Shoppes at Southern Grove project in Port St. Lucie’s master-planned Tradition community with the addition of home improvement retailer Lowe’s. Construction of the 134,000-square-foot Lowe’s store at Shoppes at Southern Grove is underway, with a projected opening in 2026. The Lowe’s at Shoppes at Southern … Continue reading “PEBB Enterprises, Banyan Development Bring Lowe’s to New Retail Project in Port St. Lucie’s Tradition”

PEBB Enterprises, Falcone Group Close Several Property Sales at Major Beachwalk Development

Beachwalk Retail Center LLC, a partnership between PEBB Enterprises and Falcone Group, continued generating momentum at its transformative Beachwalk mixed-use project near Jacksonville with several new property sales. The joint venture closed the sale of three outparcels in separate transactions with a combined price of $14.8 million. PEBB and Falcone completed the following sales at … Continue reading “PEBB Enterprises, Falcone Group Close Several Property Sales at Major Beachwalk Development”

Research Park at Florida Atlantic University Announces Several New Transactions

Banyan Development and PEBB Enterprises completed numerous new leases and a sale transaction at the Research Park at Florida Atlantic University, a premier hub for technology, innovation, and entrepreneurship in South Florida. The companies have a long-term ground leasehold interest in the Park’s office buildings. After approval of the proposed use of Malema Engineering Corporation … Continue reading “Research Park at Florida Atlantic University Announces Several New Transactions”