Owner of ex-AMI building offers bargain office space [South Florida]
David Rustine has 67,000 square feet of empty office space in a desirable location, and he’s ready to make a deal. All he needs now is a tenant who doesn’t mind braving a building that became infamous for a 2001 anthrax attack.
Rustine last week opened the former headquarters of American Media Inc. at 5401 Broken Sound Parkway, and to attract a taker, he’s dangling one of the lowest rental rates in Boca Raton.
Office buildings in Boca Raton are asking rates ranging from $13.50 to $31 a square foot, according to real estate directory Black’s Guide. Rustine wants $15 a foot, at the low end of the market.
“I feel I need to give it a little bit lower rate than some building that hasn’t had anthrax,” Rustine said Thursday from the building’s third-floor conference room.