Commercial Property Spotlight: Crystal Corporate Center
Staff report
Situated just north of Interstate-95 and Glades Road in Boca Raton, Crystal Corporate Center is a four-story 128,000-square-foot, Class A office building.
Its already impressive tenant roster has been joined by some major local companies including Seacoast Bank, National General Holding Corp. and I-Bankers Direct, which operates an online funding and investor platform and recently leased more than 5,000-square-feet of space on the lobby-level.
“We are very excited to start the year with the property 95 percent leased by a strong group of diverse and quality tenants,” said Dyana Kenney, Executive VP and Director of Leasing for Penn-Florida Companies. “We have many long-term tenants that love this property and continue to renew and expand.”
Long-time tenant Fogel Law Group, once again renewed its lease after being in the building for 19 years.
“It’s no mistake that we’ve called Crystal Corporate Center home for almost 20 years. Its location is terrific, the management of the building treats us professionally and fairly, and the building is always maintained very well. We are proud to have grown our firm within this prestigious building,” said Mitchell C. Fogel, President and Founder of Fogel Law Group.
Honorlock, one of the fastest growing start-ups in South Florida, is also a tenant at Crystal Corporate Center. Created by two FAU students, Adam Roth and Elena Soboleva, this online proctoring solution is a breakthrough technology for students, faculty and testing institutions. Soon after HonorLock won the FAU Business Plan award in 2015, Roth and Soboleva moved the start-up into a 2,000-square-foot office suite at Crystal Corporate Center. In January they expanded to over 6,500 square feet.
We asked Honorlock co-founder Adam Roth about the building:
Why did you want to stay in Crystal Corporate Center?
We fell in love with the building and didn’t want to be anywhere else. It’s a unique building in an incredible location with a stunning atrium and a cool/hip vibe that’s the perfect fit for our staff. We also love the amazing maintenance team there and their world-class attention to detail. We are so well taken care of here and it has become our home.
Why expand within the building?
One of our key investors is acclaimed entrepreneur Daniel Cane, CEO of Modernizing Medicine. He predicted our company’s rapid growth and told us that 2,000 square feet was too small. Of course, he turned out to be right. You would think expanding to 6,500 square feet would have been a massive undertaking, but Penn-Florida made it so easy.
How does the building help Honorlock?
Recruiting is easier because of the location of Crystal Corporate Center. Not only does it instantly impress recruits but being in the heart of Boca Raton often closes the deal on the talent we want. As our company continues to grow in staff and stature, this building will continue to be a big part of our story. We simply love going to work every day!
For more information on Crystal Corporate Center, visit www.pennflorida.com/portfolios/crystal-corporate-center.
