Merdian Office Center — Sale in Boca Raton, FL
- Price: Contact for price
- Listing type: For sale
- Asset type: Office
- Location: Boca Raton, FL 33487
Description
Fantastic opportunity for single-tenant HQ Campus or Full Floor users Built in 1998 and 1999, the Property includes two architecturally identical two-story buildings featuring highly efficient dumbbell-shaped floor plans that lay out well for both single and multi-tenancy. With 610 surface parking spaces, Meridian provides among the submarket’s highest parking ratios, at 4.6 per 1,000 SF.
Market Context
This office in Boca Raton, FL is listed for sale. It has been on the market for 195 days. Compare it against other office listings for sale in Boca Raton, FL — view the full market.
As of Q1 2026, the Palm Beach office market showed a 7.9% vacancy rate, average asking rents near $13.68/SF/yr, and rents up 7.9% year over year. Source: Cushman & Wakefield Q1 2026 market report.
Rising rents point to a competitive market where well-priced, well-located assets trade quickly.
Office market FAQ
- Is the Palm Beach office market tightening or softening?
- Vacancy is around 7.9%, with asking rents rising year over year (Q1 2026).
Estimated Market Rate
$496.57/SF – $671.83/SF
Mid: $584.20/SF
Rate estimator only; cost-of-business estimate unavailable.
Contact
- John Criddle · 561 283 5176 · john.criddle@cbre.com
- Joe Freitas · +1 5615128844 · joe.freitas@cbre.com
- Max Pawk · 561 393 1670 · max.pawk@cbre.com
- Jeffrey Kelly · 561 393 9313 · jeffrey.kelly@cbre.com
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