Boca Raton medical office building trades to a publicly traded real estate investment firm
JLL Capital Markets led sale efforts for 1905 Clint Moore Rd.
MIAMI – August 26, 2021 – JLL Capital Markets announced today that it has closed the sale of 1905 Clint Moore Road., a 102,186-square-foot medical office building in Boca Raton, Florida.
JLL brokered the sale of the property between the seller, 1905 Associates, LLC, and the buyer, a publicly traded real estate investment firm.
The JLL Capital Markets team was led by Senior Managing Director Chris Drew, Director Matthew McCormack, Senior Managing Director Hermen Rodriguez, and Managing Director Ike Ojala with analytical support from Max Lescano.
Stuart T. Kapp, Tony Morrison and Lance Aker from Kapp Morrison LLP served as legal counsel to the seller.
JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers. The firm's in-depth local market and global investor knowledge delivers the best-in-class solutions for clients — whether investment sales and advisory, debt advisory, equity advisory or a recapitalization. The firm has more than 3,000 Capital Markets specialists worldwide with offices in nearly 50 countries.
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About JLL
JLL (NYSE: JLL) is a leading professional services firm that specializes in real estate and investment management. JLL shapes the future of real estate for a better world by using the most advanced technology to create rewarding opportunities, amazing spaces and sustainable real estate solutions for our clients, our people and our communities. JLL is a Fortune 500 company with annual revenue of $16.6 billion in 2020, operations in over 80 countries and a global workforce of more than 92,000 as of June 30, 2021. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.