Joint venture completes new lease with Atlantic | Pacific Companies at Boca Raton property
BH Group and PEBB Enterprises continued its successful office leasing campaign at 6600 North Military Trail in Boca Raton, with Atlantic | Pacific Companies signing a lease at the property.
Atlantic | Pacific, a fourth-generation real estate company with a national expertise in acquisitions, development, property management and investments, leased 5,500 square feet at 6600 North Military Trail. It plans to have more than 20 employees in the corporate office. The company has offices in Florida, Georgia, Texas and California.
The tenant will occupy space on the building’s third floor, which has been converted into a number of spec suites ranging from 2,500 to 7,000 square feet.
“In a changing office sector, tenants like Atlantic | Pacific Companies want to be in vibrant mixed-use environments,” Isaac Toledano of BH Group said. “Our leasing momentum is a testament to our long-term plan to incorporate complementary uses into the site and maximize its true potential.”
Joe Freitas and John Criddle of CBRE, and Adam Starr of PEBB, are handling leasing at 6600 N Military Trail (formerly known as the Office Depot headquarters) on behalf of BH Group and PEBB. Sky Jones of Blanca Commercial represented Atlantic | Pacific.
The Atlantic | Pacific Companies lease comes immediately after BH Group and PEBB finalized a lease with national fast-casual food concept I Heart Mac & Cheese to establish its corporate headquarters at the property. The joint venture also recently completed a long-term lease extension with anchor tenant ODP Corp. to ensure the company’s global headquarters remains in Boca Raton until at least 2033.
BH Group, PEBB and Related Group recently received a critical zoning ordinance approval for the partnership’s planned mixed-use redevelopment from the Boca Raton City Council. The proposed project includes 500 multifamily units, a 36,700-square-foot luxury gym and four retail and restaurant outparcel buildings totaling +/- 42,000 square feet. The other two office buildings totaling 407,500 square feet will remain with the northern tower being converted into a class-A multi-tenant office building.
BH Group and PEBB acquired the 6600 North Military Trail site in April 2023. The joint venture was honored with the South Florida Business Journal’s Terry Stiles Deal of the Year Award during the publication’s annual Structures Awards event in recognition of the impactful acquisition.
The site includes 650,000 square feet of office buildings on nearly 29 acres overlooking the Broken Sound Country Club’s golf course. It features an array of amenities for future office tenants to enjoy, such as a state-of-the-art fitness center, cafeteria, auditorium, many conference rooms and covered parking.
About BH Group: BH Group is a Miami-based real estate development firm focused on the ground-up development of luxury projects throughout South Florida. BH has extensive experience in the acquisition, construction, design, capital structuring and asset management of complex developments. For the last 20 years, BH Group has been involved in many large-scale real estate transactions and developments by utilizing strong relationships to provide investors with opportunities not otherwise available in the real estate market. For more information, please visit https://www.bhgroupmiami.com/.
About PEBB Enterprises: Based in Boca Raton, FL, PEBB Enterprises is an entrepreneurial, full-service private equity real estate investment company. PEBB has operated as a family-owned business for more than four decades and takes pride in the company’s team of forward-thinking associates who continue to push and expand PEBB’s growth daily. PEBB has an unparalleled track record of acquiring and developing high-quality neighborhood, regional and power shopping centers, as well as suburban office buildings. The company’s vast portfolio includes properties in Florida, Texas, Nevada, New York and numerous Midwest and Southeast states. For more information, visit https://pebbenterprises.com/.
