1200 Corporate Place
1200 North Federal Highway, Boca Raton, FL, 33432, US
12,730 m²
JLL is pleased to exclusively offer for sale One Park Place (the “Property”), a 7-story, 237,331 SF office tower located in The Park at Broken Sound, Boca Raton’s premier, master-planned, live, work, play community. The Property, which is currently 40% leased, offers tremendous visibility on the I-95 corridor (270,000 VPD) and, as a result, the most recognizable office building signage in Boca Raton. One Park Place’s direct access to the interstate and location across from the Boca Raton Tri-Rail Station offers convenient connectivity throughout the Tri-County area, home to more than 6.5 million people. Additionally, the Property sits directly adjacent to an Embassy Suites by Hilton and offers structured parking (3.71/1,000 SF), a shaded courtyard dining area, and unique wrap around balconies. With 18.5% mark-to-market on existing leases and the rare chance to lease up a 40% occupied asset in the thriving Boca Raton market, One Park Place provides investors with a highly coveted, true value-add investment opportunity and the chance to realize outsized returns.