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Prakas & Co. Appointed Exclusive Brokers for the Boca Center Renovation and Expansion

Photo of the Marriot Hotel and nearby businesses BOCA RATON, Fla., Oct. 22, 2015 /PRNewswire/ — When Tom Crocker developed Boca Center in the mid-1980s, then called Crocker Center, he had a vision of creating a luxurious dining and shopping experience in the heart of Boca Raton. Almost 30 years later, Crocker Partners has repurchased Boca Center to fulfill Crocker’s vision and revitalize the Center. Crocker Partners has tapped Prakas & Co. as the exclusive brokers for the retail, restaurant and hospitality spaces of the extensive renovation project.

“Prakas & Co. is thrilled to be part of this monumental development in Midtown Boca. It is the most important project in the city’s history,” said Athan “Tom” Prakas, owner and broker of Prakas & Co. “Tom Crocker is a true visionary.”

As Crocker Partners moves forward with reimagined plans for the Center and the surrounding area, Prakas & Co. are seeking upscale retail, restaurants, fitness and spa services to fill the available spaces. These spaces range from 1,000 – 25,000 sq. feet. Crocker Partners has also acquired Boca Center’s surrounding properties­— including One Boca Place, the UBS and Wells Fargo buildings and the former Tyco building, among others. The renovation project intends to rebrand Boca Center as one of the finest high-end lifestyle centers in South Florida.

“We are very please to have Prakas & Co. on our team. They are a critical component to revitalizing our leasing program and transforming [Boca Center] into the premiere South Florida lifestyle center,” said Angelo Bianco, partner at Crocker Partners.

Boca Center —located in the heart of Boca Raton just east of the Town Center Mall—currently covers 476,000 sq. ft., including three Class A office buildings in addition to the high-end retail center. This mixed-use destination is one of Boca Raton’s most prominent properties with magnifying potential as Crocker Partners and Prakas & Co. spearhead this expansion and redevelopment. For leasing opportunities and more information, contact Prakas & Co. at (561) 368-0003.

ABOUT CROCKER PARTNERS
Headquartered in Boca Raton, FL, Crocker Partners is known as a leading owner and developer of high profile properties in key markets, with a highly disciplined approach to investing. In all, Crocker Partners principals have owned, managed and developed more than 31 million sq. feet of Class A mixed-use office or residential projects valued at approximately $3.7 billion in major markets in the Southeast and Texas. For more information visit: www.crockerpartners.com

ABOUT PRAKAS & CO.
Prakas & Co., established in 2000, is Florida’s most respected real estate brokerage for restaurant, nightclub and hospitality properties throughout Florida and other high-profile properties across the country. A recognized leader in restaurant and hospitality site selection, Prakas & Co. has brokered more than 400 restaurant leases and sales in the past thirteen years. Steve Mossini heads up Prakas & Co.’s retail division and will be handling Boca Center’s retail leasing. Prakas & Co. is headquartered at 1800 NW 1st Court, Boca Raton, FL 33432, with a second office located in Downtown Fort Lauderdale. For more information, contact Prakas & Co. at (561) 368-0003 or visit www.prakascompany.com

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