Congressional bottleneck.(Real estate woeson Boca Raton's Congress Ave.)(Brief Article)

Sale, lease signs dot Boca Raton's Congress Avenue

"Congress Ave. red hot." That's how the Boca Baton News described the office and light industrial corridor north of Yamato Road in a Sunday front-page story a little more than a month ago.

Today the tree-lined, prosperous looking, mile-long stretch from Yamato to Clint Moore Road sports a dozen space available signs, but when The Business Journal talked with more than a dozen real estate brokers and leasing agents representing property on the street, none could report new rental agreements signed.

At the expansive T-Rex Technical Center on Yamato just south of Congress, where more than half a million square feet of office space sits idle and more than 90 acres of campus like land are for sale, Timothy Vallace, a senior VP at T-Rex, cautioned against reporting speculation by brokers and I leasing agents that a sale or development a announcement will be made soon.

None will, he said.

Like the rest of South Florida, Boca Baton's seemingly busy …