GREEN CAPITAL REALTY ADVISORS, LLC REPRESENTS PEBB ENTERPRISES IN THE PURCHASE OF TWO CLASS A OFFICE TOWERS TOTALING OVER 180,000 SQUARE FEET
Boca Raton, FL – November 4, 2011 – (RealEstateRama) — Steve Leeds, Broker of Green Capital Realty Advisors, LLC, a Commercial Real Estate Brokerage and Construction Company, represented PEBB ENTERPRISES of Boca Raton, FL in their purchase of 1645 Palm Beach Lakes Boulevard (Sabadell United Bank Building) and 1401 Forum Way (Horizons Building). The combined purchase price was $14,250,000 for the two buildings, which total over 180,000 square feet. PEBB principal Jared Weiner says, “We are very excited about the opportunity to purchase these buildings. These assets provide a tremendous amount of upside for us. We plan on thoroughly renovating the common areas of both buildings, making these the premiere office assets of the Palm Beach Lakes Road corridor in West Palm Beach.” Currently, the Sabadell United Bank Building is 80% occupied with a stable base of long term tenants, while the Horizons Building is 50% occupied.
About Green Capital Realty Advisors, LLC: GREEN CAPITAL REALTY ADVISORS, LLC, is a full service commercial real estate brokerage and construction company, headquartered in Boca Raton, FL. The company was established to offer exceptional services and fundamental elements within today’s dynamic commercial real estate industry. Services include: Investment Sales, Landlord Advisory, Tenant Advisory, Construction Services and Development Consulting.
PEBB Enterprises is one of Florida’s premiere Real Estate Investment, Development, and Management Companies. Today PEBB owns, operates and develops a diversified portfolio of over 1,000,000 square feet of shopping centers and office buildings throughout Florida.
PEBB Enterprises is a forty year old private, family owned and operated company that prides itself on having well-maintained, quality properties, with an overriding focus on tenant and customer satisfaction.
About Green Capital Realty Advisors, LLC: GREEN CAPITAL REALTY ADVISORS, LLC, is a full service commercial real estate brokerage and construction company, headquartered in Boca Raton, FL. The company was established to offer exceptional services and fundamental elements within today’s dynamic commercial real estate industry. Services include: Investment Sales, Landlord Advisory, Tenant Advisory, Construction Services and Development Consulting.
