Project Update

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”

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”

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”

BOCA RATON, FL – The Research Park at Florida Atlantic University, is enjoying an extremely busy summer, as numerous tenants opened their brand-new offices at the seven-building technology hub in Boca Raton, while others secured exciting new partnerships and funding. These milestones come as Banyan Development and PEBB Enterprises, which own the long-term ground leasehold … Continue reading “Research Park at Florida Atlantic University Announces Numerous Tenant Openings and Milestones”

PEBB Enterprises, a South Florida-based full-service private real estate investment company, completed the $5.57 million sale of a 22,000-square-foot section of Westview Plaza in Lebanon, Tennessee. The shadow retail section includes leases with China Wok, Mysa Nails & Spa, T-Mobile and Petco. The transaction closed on April 23. Berkeley Capital Advisors represented the seller, a … Continue reading “PEBB Enterprises Closes $5.57 Million Sale of 22,000-Square-Foot Section of Westview Plaza in Tennessee”