July 13, 2014 7:16 PM ET

Real Estate Management and Development

Company Overview of Procacci Development Corporation

Company Overview

Procacci Development Corporation engages in the acquisition, development, construction, and management of commercial properties in Florida. It provides development, property management, and leasing services for office and retail properties. The company also offers general contracting services, such as constructing new buildings and renovating existing facilities. Procacci Development Corporation was founded in 1976 and is based in Boca Raton, Florida.

95 South Federal Highway

Suite 100

Boca Raton, FL 33432

United States

Founded in 1976

Phone:

561-416-1400

Fax:

561-416-1450

Key Executives for Procacci Development Corporation

Co-founder and Chief Executive Officer
Chief Financial Officer
Chief Operating Officer
President of Procacci Construction Division
Compensation as of Fiscal Year 2014.

Procacci Development Corporation Key Developments

BBX Capital Real Estate Announces Joint Venture Agreement with Procacci Development

BBX Capital Real Estate announced that it has entered into a joint venture agreement with an affiliate of Procacci Development Corporation. The joint venture has acquired three acres of real estate located at Bayview Drive and Sunrise Boulevard in Fort Lauderdale, Florida. The property is currently improved with an approximate 84,000 square foot office building along with a 7-11 retail store and gas station. The new joint venture entity, Sunrise and Bayview Partners, LLC, acquired the above described property for approximately $8.0 million. The property is a 50% - 50% joint venture between BBX Capital Real Estate and an affiliate of Procacci Development.

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