Boca Raton, FL – One of South Florida’s leading commercial real estate services firms, NAI/Merin Hunter Codman, Inc., announced that President, Jay M. Grossman and Managing Director, Richard W. Brockney have finalized nearly 40,000 square feet of lease transactions on behalf of the landlord 951 Yamato Acquisition Company, LLC bringing their 951 Yamato asset’s occupancy above 90%, which has outperformed the North Boca Raton submarket that currently has a 19% overall vacancy rate. 951 Yamato is a contemporary, 146,000-square-foot, Class-A office building located near The Park at Broken Sound on Yamato Road in Boca Raton, Florida.
NAI Merin Hunter Codman has managed and leased 951 Yamato since 2006 for several different owners and continues to work closely with current ownership developing and completing a number of property improvement programs designed specifically to retain and attract tenants. Some recent improvements include an interior and exterior refresh as well as the addition of a common conference room and training facility. The successful completion of programs like these, in addition to the property’s ample parking, professional management, and ease of access to I-95 and Boca Raton conveniences allows 951 Yamato to attract first-class businesses seeking small-, medium- and headquarters-sized Class-A office space in the heart of Boca Raton. In 2024, 951 Yamato also benefited from the City of Boca Raton’s Light Industrial Research Park (LIRP) expanded zoning regulations that now allows medical use, thereby further increasing 951 Yamato’s appeal.
Some of the recent leasing activity includes:
- 10,000 SF – Freedom Mortgage Company
- 7,800 SF – Shendell & Pollock, PL
- 5,500 SF – New SGC LLC
- 4,400 SF – Dazos, LLC
“Thanks to the strong partnership between property ownership and NAI Merin Hunter Codman, 951 Yamato was able to outperform the submarket in 2024 and looks forward to continued success in 2025. We are proud to welcome all new tenants and thank those who have renewed.” – Jay Grossman
For additional information about office space for lease at 951 Yamato or throughout South Florida feel free to contact Richard W. Brockney at 561-471-8000, rbrockney@mhcreal.com or visit www.mhcreal.com.
CLICK HERE to view full press release.
Thanks to the follow media organizations who shared the news about our recent office leasing activity at 951 Yamato in Boca Raton!
Boca Chamber: View Link | View PDF
Chamber of the Palm Beaches: View Link | View PDF
