MIAMI—It's one of South Florida's best known multitenant officebuildings.First Crocker Partners bought it. Thenit sold it. Now, it's buying it again.
It's the 277,390-square-foot One Boca Place. Crocker justre-acquired the office building for $76.35 million in a jointventure with Wheelock Street Capital ofBoston.
“We're confident in the future of Florida's office market andcontinue to look at acquisitions,” says Crocker managing partnerTom Crocker. “Crocker Partners previously ownedand sold One Boca Place, and we know the asset and the market. Itfits well with our focus on building a portfolio of trophyproperties in key markets with attractive upside potential.”
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