City of Boca Raton – Office of Economic Development

Celsius Holdings (Nasdaq: CELH), maker of the drink brand Celsius, announced it is set to acquire Finland based Func Food for $24.6 million. Celsius plans to add the FAST Sport Nutrition line to its offerings.

Our friends at the Business Development Board of Palm Beach County sure know how to put together an awesome event.  We were lucky to share our #GoodBetterBoca word at the Kravis Center for their 4th Quarter Update.

The 3.8-acre vacant land at 900 Peninsula Corporate Circle sold for $3.75 million. Dizengoff Boca Raton LLC sold the vacant property to Peninsula Ice LLC, managed by Hal M. Jacovitz and Jacob Dinov in Delray Beach.

Colliers International announced the $4.8 million sale of a 1.7-acre multifamily apartment community, Bouganvillas Apartments, in East Boca. Located at 1500 – 1650 NW Fourth Avenue, the apartment community is comprised of 23, two-bedroom and two-bathroom units throughout the three apartment buildings.

For the first time in the university’s history, U.S. News & World Report ranked Florida Atlantic University in its list of “Top Public Schools” in the nation. US News & World Report analyzed 1,400 colleges and universities across the country and FAU ranked 140th.

Kroger, the largest supermarket chain by revenue and second-largest general retailer has moved to the Boca Raton Innovation Campus. The 43,000 square-foot-office is a national headquarters supporting Kroger’s digital businesses, including Vitacost.com which the company acquired in 2017.

Have corporate news to share or looking to relocate/expand your company to Boca Raton? Contact the city’s Office of Economic Development at economicdevelopment@myboca.us. Want to see what we’re up to? Follow us on Facebook @BocaEconomicDevelopment.