THE SHOPS AT BOCA CENTER REACHES 100% OCCUPANCY WITH THE ADDITION OF SEACOAST NATIONAL BANK
Boca Raton, FL – May 20, 2013 – The Shops at Boca Center, 5100 Town Center Circle, a 375,000 SF Class A mixed-use shopping center, has reached 100% occupancy with the addition of Seacoast National Bank. Seacoast National Bank, a full-service financial institution, is the most recent tenant to sign a lease in The Shops at Boca Center and is slated to open in June 2013.
Other notable tenants at the property include: Rocco’s Tacos’, Morton’s, Total Wine, Joseph’s Classic Market and Brio Tuscan Grille. The Shops at Boca Center continue to be one of the best retail offerings in the region.
“This transaction is an indication that tenants are still eager to expand, if the location, demographics and economics are the right fit,” said Lisa Ferrazza, CBRE Vice President. “The demand for Class A space is increasing and healthy.”
Lisa Ferrazza represented The Shops at Boca Center in this long term 1,495 SF transaction. Seacoast National Bank was represented by Mark Lasman of Lasman Property Group, Inc. Ms. Ferrazza is a retail specialist with CBRE in the Boca Raton office and is responsible for the leasing, landlord representation, expansion and new business development of seven shopping centers totaling 700,000 SF throughout South Florida.
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (in terms of 2012 revenue). The Company has approximately 37,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through more than 300 offices (excluding affiliates) worldwide. CBRE offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; mortgage banking; appraisal and valuation; development services; investment management; and research and consulting. Please visit our Web site at www.cbre.com.
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