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Construction is already well underway on the 121-unit first phase that is scheduled for delivery in the fourth quarter of 2020. Boca Raton-based El-Ad National Properties is company of Elad Group of New York City.
Maven Properties, a new commercial real estate team known for curating neighborhood retail renaissances, has been named to handle leasing and marketing advisory for the center.
Earlier this year, Midtown Office Center was less than 10% occupied, but since purchasing the campus, MoxieBridge has secured 50,000 square feet of pre-leasing activity with plans for tenant improvements.
When marketing the Robinson-Rosner Building, CBRE was not surprised to receive interest and offers from both national and international investors for a rare opportunity to purchase a historic building.