SBA Communications to Stay in Boca Raton
January 21, 2011
By: Darcie Lunsford

After making the real estate rounds looking for a place to park its Boca Raton headquarters, SBA Communications Corp. has signed on the dotted line.

But, it’s not going anywhere. Rather, it will stay with an option to buy its 73,191-square-foot headquarters at 5900 Broken Sound Parkway. ...

... SBA has spent the past two years searching across southern Palm Beach County for a building to lease or buy, or a site to build a new facility, said its broker, Greg Katz, executive VP of Studley. “They explored all of their options.” ...

... SBA also hammered out an “aggressive economic package” for its lease extension, Katz said.

“We negotiated a deal that really, truly works for both sides,” he said....

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