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MIAMI-I.C. System Inc., doing business as Adams, Cooper and Marks, has inked a nearly $1.3-million lease for 12,500 sf of Boca Raton office space from Fairfax Boca 92 LP. The value translates to approximately $20.75 per sf. The five-year lease is at 5201 Congress Ave. in the North 40 Complex.

Adams, Cooper and Marks, based in Minneapolis, provides a service that enables companies to process and collect on non-sufficient funds checks. The new lease is an expansion and relocation from another site in Boca Raton.

The company was able to take advantage of some vacant space to lease a large block in the deal, Mike Erickson, who represented I.C. System Inc., tells GlobeSt.com. Erickson is first vice president with the Palm Beach County office of CB Richard Ellis Inc. He was the only broker involved in this transaction.

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