Butters targets tech, pharma with plans for low-rise light-industrial in Boca Raton

Butters Group won zoning approval for plans to build a pair of two-story light-industrial buildings instead of a 100-foot-tall office tower in the Park at Broken Sound area in Boca Raton. Coconut Creek-based Butters Group, led by president Malcolm Butters, plans to build two 35,800-square-foot buildings at 1150 Northwest Broken Sound Parkway. The property’s previous owner, New York-based Mutual of America Life Insurance Company, received approval in February of last year for a 157,900-square-foot office building and a six-level parking garage on the eastern side of the 11.7-acre tract. Ram Realty Advisors, a Palm Beach Gardens-based real estate investment company […]This article originally appeared on The Real Deal. Click here to read the full story.