This area of Boca Raton can get anywhere from $14 to $17 per square foot for triple net lease properties. We did see some smaller Office space with a triple net lease available under $14 per square foot.
The landlord of the Meridian Commercial office complex is a pension fund advisor based in New York known as Granite Meridian, LLC.
LexisNexis has the entire, 61,524 square foot building under lease. LexisNexis is a strong, credit tenant, one of the best in Boca Raton. They thought it was better to stay put then to move their entire Office facilities to a new net lease property.
The net lease property is located within minutes from Florida Atlantic University, fine Restaurants and Shopping.
LexisNexis is a leading global provider of content-enabled workflow solutions designed specifically for professionals in the legal, risk management, corporate, government, law enforcement, accounting, and academic markets. A member of Reed Elsevier, LexisNexis serves customers in more than 100 countries with more than 15,000 employees worldwide.