Latham Advises StepStone in Acquisition of Mizner Park

CP Group, an owner-operator of office properties across the Sunbelt, the Georgetown Company, a privately held diversified real estate company, and ACRE, an institutional residential fund manager, together with investment partner StepStone, announced the acquisition of Mizner Park in downtown Boca Raton. The acquisition will support the long-term strategic repositioning of the 838,840-square-foot office, retail, and residential property as a premier mixed-use destination in South Florida.

Latham & Watkins LLP advised StepStone in the transaction with a Real Estate team led by partners Michael Haas and Mark Semotiuk, with associates Jacob Axelrod, Marcelo Garza, and Julia McQueen, and with assistance from Emily Segal.