City of Boynton Beach Signs 23,000-SF Lease Deal
FH Quantum, LLC acquired 3301 Quantum Blvd. in December 2017 from Aetna Life Insurance Co. and is now investing in capital improvements, including a new roof, new HVAC system and upgrades to site landscaping and the surface parking areas, according to C&W.
BOYNTON BEACH, FL—The City of Boynton Beach will be relocating administrative offices this summer to more than 23,000 square feet of leased space at 3301 Quantum Blvd. here.
The deal announced by Cushman & Wakefield is for ground floor space at the 100,00-square foot building owned by FH Quantum LLC, a partnership between Grant Horwitz, managing principal of Fort Lauderdale, FL-based Fox Ridge Capital, and Joshua Schrager and Daniel Schwartz of Hollywood, FL-based Geometry Development, LLC.
The Cushman & Wakefield brokerage team of Gordon Messinger, John K. Criddle and Joseph J. Freitas negotiated the lease on behalf of the building ownership. Keith O’Donnell of Avison Young represented the City of Boynton Beach in the lease negotiations.
“3301 Quantum Boulevard is a tremendous fit for the City of Boynton Beach,” C&W’s Messinger says. “The building is easily accessible and offers exceptional parking ratios while maintaining proximity to downtown Boynton Beach and City Hall.”
3301 Quantum Blvd. is a two-story office building developed in 1995 on a 6.2-acre site that offers open approximately 50,000-square-foot floor plates. FH Quantum, LLC acquired 3301 Quantum Blvd. in December 2017 from Aetna Life Insurance Co. and is now investing in capital improvements, including a new roof, new HVAC system and upgrades to site landscaping and the surface parking areas, according to C&W.
Messinger, Criddle and Freitas were named exclusive leasing advisors shortly after the acquisition and have quickly leased 3301 Quantum Boulevard’s entire ground floor. The second floor is currently available for lease for either a single user or could be divided to accommodate multiple tenants.