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”

PEBB Enterprises and Banyan Development closed on the $14.75 million sale of Boca Lake, a mixed-use site in Boca Raton, through two separate transactions. Strategically located at 7800, 7820, 7860 and 7880 Glades Road, Boca Lake includes a two-story, 30,930-square-foot retail/office building, a 5,300-square-foot event space, and a 5,000-square-foot Bank OZK branch. It is adjacent … Continue reading “PEBB Enterprises, Banyan Development Close Successful Disposition of Boca Raton Mixed-Use Site”

PEBB Enterprises, a Boca Raton-based private equity real estate investment company, has successfully completed refinancings for two of the company’s assets in its home base of Boca Raton. PEBB closed a $16 million refinancing for Eighteen Zero One and a $13.9 million refinancing for Restaurant Row. ABANCA USA provided the loan for Eighteen Zero One. … Continue reading “PEBB Enterprises Closes Over $29 Million in Refinancings for Boca Raton Portfolio”

PEBB Enterprises, in partnership with Contrarian Capital Management, has sold a 61,274-square-foot office building at the Meridian Office Center in Boca Raton. The $14 million sale was an off-market deal for the single-tenant office building that is currently occupied by Lexis Nexis. The buyer is 6601 Park of Commerce Holdings, LLP. PEBB Enterprises and Contrarian … Continue reading “PEBB Enterprises Sells Boca Raton Office Building for $14 Million with Partner Contrarian Capital Management”

BH Group, PEBB Enterprises and Related Group secured final site plan approval from the City of Boca Raton Council for its 6600 N. Military Trail mixed-use redevelopment in Boca Raton. This critical approval enables the partnership to move forward with obtaining building permits and starting construction on the impactful phased project. Boca Raton council members … Continue reading “BH Group, PEBB Enterprises, Related Group Obtain Final Site Plan Approval for 6600 N. Military Trail”