trending Market Intelligence /marketintelligence/en/news-insights/trending/sf8leuqlktb_aitjvwwgdw2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

RAIT Financial sells ADT's Florida HQ for $42M

Commercial Real Estate: 2020 Review

Gauging Supply Chain Risk In Volatile Times

The Commercial Real Estate (CRE) Sector Feels the Impact of the Coronavirus

Credit Analytics Case Study Poundworld Retail Ltd


RAIT Financial sells ADT's Florida HQ for $42M

Internally managed real estate investment trust RAIT Financial Trust sold the 171,489-square-foot campus building that houses the global headquarters of commercial security systems provider ADT in Boca Raton, Fla., for about $42 million.

A newly formed joint venture between commercial real estate owner and manager PEBB Enterprises and Tortoise Properties was the buyer, according to a release.

Cushman & Wakefield brokered the deal on behalf of the seller and helped the buyers secure a loan to fund the acquisition.