WEST BOCA RATON, FL — An 11,300-square-foot office building at one of West Boca Raton’s busiest intersections has changed hands in a $5.75 million transaction.

Analysts say it may signal continued robust investor appetite for high-visibility South Florida assets as 2026 begins.

The property, known as Boca Raton Executive Offices, is located at 10055 Yamato Road, situated at the northwest corner of the intersection with Highway 441.

The property was acquired by Alex Ehrenthal from the seller, Paul Mandel of Nexgen Legacy Group.

The property last changed hands in late 2018 for $2.73 million.

According to Elon Gerberg and Adam Klein, Managing Directors and co-lead listing agents at Vision Real Estate Advisors, the building’s recent deal was notable for its rapid execution; after sitting on the market for a year under previous representation, the property moved to a “clean” closing in just 30 days on an “as-is” basis.

“This property sat on the market for an entire year before we were awarded the listing,” said Klein in a statement.

“Once engaged, we generated nearly 10 offers and moved to a swift 30-day closing. This result proves that capital remains incredibly aggressive for quality, high-visibility assets in South Florida,” he added.

The acquisition comes at a time of significant transition for the Yamato Road corridor.

Nearby, the HSBC Plaza recently underwent a rebranding to the “Shoppes at Yamato Corner,” and the Yamato Office Center has announced new speculative suites for early 2026.

Analysts indicated that the $5.75 million price for the Boca Raton Executive Offices underscores the premium currently placed on “Class B” office assets that offer high-traffic frontage.

Klein indicated that investors appear to be prioritizing immediate occupancy and cash-flow potential, as evidenced by the buyer’s willingness to waive traditional due diligence periods to secure the asset.

With the 30-day turnaround and high offer volume, the sale serves as a benchmark for local property values, and may indicate that capital remains aggressive for well-located, smaller-scale professional office spaces in Palm Beach County.

Vision Real Estate Advisors’ Managing Directors Elon Gerberg and Adam H. Klein announced the successful closing of the Boca Raton Executive Offices.

Located at the high-visibility corner of Yamato Road and Highway 441 in Boca Raton, Boca Raton Executive Offices, a 11,300-square-foot office building, sold for $5,750,000, or approximately $800 per square foot.

Demonstrating the firm’s brokerage expertise, the deal closed as-is with no inspections in just 30 days.

“This property sat on the market for an entire year before we were awarded the listing,” said Adam H. Klein, Managing Director at Vision Real Estate Advisors. “Once engaged, we generated nearly 10 offers and moved to a swift 30-day closing. This result proves that capital remains incredibly aggressive for quality, high-visibility assets in South Florida.”

Vision Real Estate Advisors announced the successful closing of two significant South Florida assets: Winston Park Shoppes and the Boca Raton Executive Offices. The transactions represent the second major closing milestone for the firm since its official launch in late August 2025, with several additional deals slated to close in the coming weeks.

Winston Park Shoppes | Coconut Creek, FL

The firm facilitated the $6,800,000 sale of Winston Park Shoppes II, a premier 16,572-square-foot retail center located in the Winston Park submarket of Coconut Creek. Situated on Lyons Road just south of the Sawgrass Expressway, the plaza is shadow-anchored by a high-performing Publix and LA Fitness.

The asset was 100% occupied at the time of sale, featuring a tenant mix of “essential” service providers including Sage Dental and The Vitamin Shoppe.

“We are seeing a massive surge in demand for unanchored ‘essential’ retail plazas that serve as the backbone of their local communities,” said Elon Gerberg, Managing Director. “Through our competitive bidding process, we were able to secure a buyer who committed to a swift two-week due diligence period and a rapid close, underscoring the intense liquidity for these high-performing assets.”

Boca Raton Executive Offices | Boca Raton, FL

Located at the high-visibility corner of Yamato Road and Highway 441, this 11,300-square-foot office building sold for $5,750,000, or approximately $800 per square foot. Demonstrating the firm’s brokerage expertise, the deal closed as-is with no inspections in just 30 days.

“This property sat on the market for an entire year before we were awarded the listing,” said Adam H. Klein, Managing Director at Vision Real Estate Advisors. “Once engaged, we generated nearly 10 offers and moved to a swift 30-day closing. This result proves that capital remains incredibly aggressive for quality, high-visibility assets in South Florida.”

The property asset involved in this transaction is an office located at 10055 Yamato Road in Boca Raton. The sale was executed for a transaction amount of $5,750,000, and the asset encompasses a total square footage of 11,200, resulting in a price per square foot of $513.

Summary of transaction details:

Property Type: Office
Transaction Amount: $5,750,000
Address: 10055 Yamato Road
Market: Boca Raton
Seller: Paul Mandel – Nexgen Legacy Group
Buyer’s Representative: Allyson Sullivan – Lang Realty
Seller’s Representatives: Elon Gerberg & Adam Klein – Vision Real Estate Advisors
Square Footage: 11,200
Price Per Square Foot: $513

The transaction included key individuals such as Paul Mandel representing Nexgen Legacy Group as the seller, alongside Allyson Sullivan acting on behalf of the buyer from Lang Realty. The seller’s associates driving the deal were Elon Gerberg and Adam Klein from Vision Real Estate Advisors.

Vision Real Estate Advisors proudly announces the launch of its forward-thinking commercial real estate firm, specializing in the sales and leasing of retail, office, and industrial properties across Florida.

Founded by seasoned industry leaders Adam H. Klein and Elon Gerberg, the firm is built on nearly two decades of experience, a track record of success, and a shared passion for client-focused service. With deep expertise in Florida’s dynamic commercial real estate market, Vision Real Estate Advisors is committed to delivering superior results by tailoring strategies to meet each client’s unique needs.

“Vision Real Estate Advisors was created to put clients first, plain and simple. In a market that is constantly shifting, our responsibility is to anticipate those changes and provide clear, actionable strategies that create long-term value. We’ve built this firm to be a trusted partner that delivers results with precision and integrity,” said Klein, Co-Founder and Managing Director.

“Our launch represents more than a new name on the door, it’s a commitment to doing business the right way,” added Gerberg, Co-Founder and Managing Director. “Vision is about leveraging experience, technology, and broad exposure to drive competition and uncover opportunities others may overlook. We believe commercial real estate deserves a forward-thinking approach, and that’s exactly what we’re committed to bringing to every assignment.”

From complex investment sales to local leasing assignments, the team applies meticulous attention to detail and innovative solutions that drive positive outcomes. At Vision, the mission is clear: move beyond outdated, “old school” approaches to redefine success in commercial real estate. By combining trust, market knowledge, and a forward-looking mindset, Klein and Gerberg are building a firm designed to elevate client relationships and uncover fresh opportunities.

About the CREi Top LinkedIn Influencers List

Commercial real estate is becoming more dynamic, diverse, and digitally connected—and the CREi Movement is here to celebrate and accelerate that change. We’re proud to unveil our latest list: The Top LinkedIn Influencers in Commercial Real Estate. These standout professionals are not only shaping the industry but also building meaningful communities through thought leadership, authenticity, and consistent engagement.

Congratulations to all who made the list!

This year’s honorees were selected by a team from the CREi Movement, led by Nicholas Luczyszyn, based on data indicating social influence and impact.

This list has two parts; brokerage professionals and an “Allies” list that consists of non-brokerage commercial real estate professionals. For the Allies list, we’ve chosen to list the names alphabetically by last name.

Think we missed someone? We’d love to hear from you. To submit a commercial real estate professional for future consideration, please email [email protected] with their name, LinkedIn profile, and a brief explanation of why they deserve recognition.

Let’s continue to elevate each other—online and IRL.

Source: https://creisummit.com/2025-linkedin-list/

About the 2025 CREi X list:

There are two lists; The first are “Transactors” which consist of individuals that lead or work on commercial real estate transactions. The second list features “Allies” who provide important and supportive roles to transactors, such as marketing professionals.

Congratulations to all on the lists! A special thank you to the CREi X list curator Courtney Ettus!

Know someone who should be on the next list?
Ask them to submit their name to [email protected]

Source: https://creisummit.com/x-list-2025/7/

Owner Briefing

The past two weeks brought a clearer picture for commercial real estate owners. Interest rates on CRE loans continue to drift lower as competition among debt providers intensifies. Banks have returned to the market with stronger appetite, debt funds are raising meaningful capital, and agency pricing has pushed into the high 4 percent band for qualified multifamily. This is happening at the same time cap rates remain elevated relative to 2021–2022 cycles, creating one of the most favorable leverage spreads owners have seen in several years.

South Florida fundamentals remain stable. Demand for small-bay industrial is still strong, retail leasing has normalized but remains healthy in necessity anchored centers, and the office market continues to show resilience in suburban pockets along I-75, West Broward, North Dade, and parts of Palm Beach County. Owners who were patient in 2023 and 2024 are now entering a more constructive environment for both refinancing and selling.

Macro Quick Hits

CRE loan rates have fallen by roughly 50 basis points year over year. Competition among banks, life companies, and private lenders is pushing pricing lower.
The Fed has already cut 150 basis points between late 2024 and now, and while future cuts are less certain, the rate environment is far more favorable than last year.
Banks have increased their share of CRE lending from 27 percent last year to roughly 33 percent in early 2025. Debt funds have raised nearly double the capital of last year.
Cap rates remain 80 to 120 basis points higher than the 2021–2022 peak — creating a better spread for leveraged buyers.
Job growth remains narrow, with gains concentrated in transportation and utilities; consumer health is steady but not robust.
Inflation is moving sideways near 3 percent, supporting additional rate cuts but capping upside for rapid Treasury yield decline.

Policy and Taxes Watch

Florida commercial rent tax repeal remains on track and continues to improve occupancy economics for local tenants.
Property insurance costs remain volatile; several carriers are tightening under-writing criteria — owners should re-shop early.
Property tax reassessments for 2025 have increased across most of Miami-Dade, Broward, and Palm Beach — consider appeals when NOI normalization is demonstrable.
The government shutdown temporarily paused NFIP-backed flood insurance issuance which slowed closings in flood zones; backlog is easing but processing remains slower than normal.

Capital Markets Playbook — Snapshot (Updated)

Metric	Range / Notes
10-Year UST	~4.05 percent — slight downward pressure from softer inflation
1M Term SOFR	~3.95 percent — eased modestly after rate cuts
Retail Coupons	5.6–6.25 percent — neighborhood strip attracting lender interest
Industrial Coupons	5.85–6.5 percent — small-bay priced at a premium
Office Coupons	6.6–7.4 percent — highly selective lenders
Typical LTV / DSCR	55–65% / >1.25x — practical underwriting today

Vision Take: This is the most borrower friendly capital markets environment in almost three years. If you have a maturing loan over the next 12 to 18 months, now is the time to run numbers, engage lenders, and consider refinancing or selling before spreads compress.

Tri-County Dashboard

Retail: Vacancy flat. Rents stable to slightly rising for quality neighborhood centers.
Industrial: Vacancy drifting upward in large bay but stable in small bay. Miami-Dade sub 4% in many pockets.
Office: Suburban office still outperforming downtown Miami and downtown Fort Lauderdale. Flight to quality continues.

Deep Dive: Why Lower CRE Debt Costs Matter Right Now

Interest rates on CRE loans have compressed ~50 basis points year over year. Increased lender competition — repaired bank balance sheets, significant private capital, and life companies selectively lending — drives this. Because cap rates remain elevated, leveraged returns are materially stronger now than in late 2022. For buyers this is the best acquisition environment since pre-pandemic years; for owners it’s a window to evaluate dispositions or refinance before spreads tighten.

Deals & Happenings: Past Two Weeks

Address / City	Type / Size	Price / $/SF	Date / Buyer / Seller
13015 NW 38th Ave — Opa-locka	Industrial — 49,038 SF	$10,500,000 — $214	11/13/2025 • Rivas Family Enterprises • Segura Holdings of Florida
2375 NW 21st Ter — Miami	Industrial — 12,594 SF	$4,200,000 — $333	11/11/2025 • Wynwood Dog Food Co. • Egozi Moises & Esther
12575 US Highway 1 — Juno Beach	Office — 28,424 SF	$9,500,000 — $334	11/07/2025 • FLP Credit Union • Dss Jupiter LLC
6825 NW 16th Ter — Fort Lauderdale	Industrial — 13,524 SF	$4,350,000 — $322	11/06/2025 • Eurostar Marble & Granite • Coleman American of Florida
3611–3619 NW 124th Ave — Coral Springs	Industrial — 14,700 SF	$3,600,000 — $245	11/06/2025 • Exuma Capital Partners LLC • Werock LLC
8720 NW 93rd St — Medley	Industrial — 11,020 SF	$3,400,000 — $309	11/06/2025 • Total Brokers USA • Aurelio A. Llerena
Shoppes at Heron Lakes — Coral Springs	Retail Center — 132,394 SF	$46,470,514 — $351	11/05/2025 • JPMREIT • Wyndham Heights Land Dev.
Heron Lakes Outparcel — Coral Springs	Retail — 14,343 SF	$7,204,486 — $502	11/05/2025 • JPMREIT • Wyndham Heights Land Dev.
7410 Collins Ave — Miami Beach	Retail — 17,377 SF	$9,681,175 — $557	11/05/2025 • Opal Realty / Scharf • Calvin Gaeta Dev.
401 SE 12th St — Fort Lauderdale	Office — 19,636 SF	$6,500,000 — $331	11/03/2025 • International Registries Inc. • 401 Professional Plaza LLC

What To Do Now

If you have debt maturing in 2025 or 2026, begin the refinance process now.
Consider a valuation update for strategic planning or disposition timing.

You can request one here: Apply for a complimentary valuation

Sources & Notes

CoStar tri-county snapshots; Miami REALTORS®; The Real Deal Miami; Citybiz South Florida; South Florida Business Journal (CRE); CRE-sources; ICSC Exchange; CBRE Research; Cushman & Wakefield MarketBeat; Federal Reserve; BLS; U.S. Treasury; Marcus & Millichap Research; NIC MAP. Week of September 26, 2025.

Links referenced in the PDF:

High-Traffic West Boca Raton Office Asset Fetches $5.75M in Swift Yamato Road Transaction

Author: BTS Brands Developer