Caroline Fleischer and Darcie Lunsford have joined Colliers International South Florida as Senior Vice Presidents.
Darcie and Caroline will work as a team based in the Boca Raton office, focusing on all aspects of office leasing services.
“We’re thrilled to welcome Caroline and Darcie to the Colliers team to further enhance our office leasing platform. Their combined experience in commercial real estate and extensive involvement in the community bring a dynamic approach to executing on behalf of our clients,” said Dustin Ballard, Managing Director and Market Leader for Colliers South Florida.
With over 30 years of experience in the industry, Caroline is a seasoned professional specializing in tenant representation in the South Florida region. Her previous role as Executive Vice President of Occupier Services at Butters Realty & Management saw her leading the ramp-up of tenant representation services as well as expanding on landlord-side leasing initiatives for Butters and various third-party accounts. Before joining Butters in 2019, Caroline was the Managing Principal for tenant representation-only firm CRESA South Florida, hired to rebuild the company’s practice. She also spent more than a decade of her career as a tenant representative at Cushman & Wakefield in South Florida.
Darcie brings her extensive commercial real estate experience, focusing on landlord representation of office properties in Palm Beach and Broward County. Before joining Colliers, she served as Executive Vice President of Landlord Services at Butters Realty & Management, where she oversaw the leasing and repositioning of office assets for Butters and other third-party landlords. Prior to Butters, Darcie spent 22 years as a newspaper and television reporter, covering the commercial real estate industry for over a decade at the South Florida Business Journal. Darcie has been selected to serve on the National Board of Directors for NAIOP in 2025, the nation’s largest commercial real estate development association. She is the past Chair of the NAIOP Florida PAC and the past president of NAIOP South Florida and NAIOP Florida, which sets and executes the statewide legislative/lobbying objectives for Florida’s commercial development industry.
Over the previous three years, Caroline and Darcie, as a team, have demonstrated strong deal-making acumen by executing over 200 transactions, generating more than $150 million in office lease and sales value for their clients despite pandemic market challenges. Their diverse portfolio includes the recent lease up and repositioning of noteworthy office assets such as University Place at City Center in Coral Springs, Northwest Broward County’s largest office tower, 1900 Midtown in Boca Raton, and the Corporate Plaza at Lakeside in Fort Lauderdale, where they have doubled leasing since taking over the listing.
00SFOBA STAFFhttps://dev.sfoba.com/wp-content/uploads/2026/08/SFOBA-logo-sharpened-transparent.pngSFOBA STAFF2024-08-18 11:15:332024-08-18 11:15:33Caroline Fleischer, Darcie Lunsford Join New CRE Firm As Senior Vice Presidents
Cushman & Wakefield has arranged the $26 million sale of Commercial Place I and II, a two-building, Class A office campus located at 3230 and 3250 W Commercial Blvd. within Fort Lauderdale’s Cypress Creek/Commercial Boulevard submarket.
Scott O’Donnell, Mike Ciadella, Greg Miller, Dominic Montazemi and Miguel Alcivar of Cushman & Wakefield represented the seller in the transaction. The properties were sold by Brookwood Commercial Place, LLC and acquired by MYP Commercial Place, LLC, an entity managed by Moshe Popack.
“Commercial Place I & II has a history of strong occupancy and institutional ownership making it one of the premier office assets in Central Broward County,” said O’Donnell, Executive Managing Director at Cushman & Wakefield. “With best-in-class amenities and an existing roster of national corporate tenants, Commercial Place I & II offered a tremendous value-add opportunity to return the campus’ occupancy back to historical norms while enjoying strong, debt supporting cash flows.”
Commercial Place I & II spans 175,861 square feet total and was approximately 78% leased at the time of sale to a diverse mix of long-term tenants. The office campus includes best-in-class amenities such as a recently renovated lobby and fitness center, state-of-the-art conference facility for up to 40 people, and a full-service on-site café. Additionally, Commercial Place I & II is conveniently located between Interstate 95 and the Florida Turnpike, boasting unbeatable highway access and visibility to 5.3 million people within a one-hour drive.
https://sfoba.com/wp-content/uploads/2012/05/Commercial-Place-3230-Commercial-Blvd.-Ft.-Lauderdale.jpg270275SFOBA STAFFhttps://dev.sfoba.com/wp-content/uploads/2026/08/SFOBA-logo-sharpened-transparent.pngSFOBA STAFF2024-08-11 14:29:252024-08-11 14:29:25Cushman & Wakefield Arranges $26M Sale Of Fort Lauderdale Office Campus
As Boca Raton’s leasing surge surpasses other major office hubs, Venture X, the nation’s third largest coworking operator, has signed a long-term top floor lease at Palmetto Central in Boca Raton, encompassing 28,959 square feet.
Colliers’ Executive Vice President Derek Baker represented the tenant in negotiating the deal. CBRE’s Joe Freitas, John Criddle and Max Pawk represented the landlord, Grover Corlew, in the lease negotiations.
“I’m thrilled to have assisted Venture X in securing a premier location for their new flagship site in Boca Raton,” said Baker. “Venture X sought to leverage the flight-to-quality trend for its coworking customers, by focusing on only quality assets and ownership. Grover Corlew’s expansive redevelopment of Palmetto Central aligns perfectly with these goals, creating a best-in-class office experience in Central Boca Raton.”
Palmetto Central, located at 1489 and 1499 W Palmetto Park Road, stands out with its Class A office space in a state-of-the-art redevelopment immediately east off Interstate 95, in Boca Raton’s bustling market. The property’s prime location offers unmatched access to the East Coast, being just minutes away from Downtown Boca Raton, the Glades Corridor and the new Brightline Boca Raton Station.
The property is undergoing an ongoing and phased $30 million renovation which has included significant upgrades to the two building’s façades, lobbies, and common area corridors, all aimed at elevating the asset and tenant mix to the highest quality. The property’s standout features include floor-to-ceiling windows, custom high-quality buildouts, full-height hurricane impact windows, and premium amenities such as a tenant lounge, fitness center, conference facility, and monument building signage opportunities.
“With the high demand for modern office space in downtown Boca Raton, Palmetto Central stands out in terms of quality and location,” said Mark Corlew, Partner at Grover Corlew. “We’re excited to welcome Venture X, which will thrive thanks to the distinctive upgrades that have brought this property to its full potential.”
Grover Corlew is a real estate investment management group and developer of multifamily and office properties with a proven track record of over 100 years of combined industry experience in acquiring, transforming, and managing a diverse range of assets, including office, multifamily, and retail properties, throughout the southeastern U.S., with a focus on Florida. The firm has developed, owned, and managed over 10,000 units and more than 10 million sq. ft. of commercial space, specializing in investor and tenant relationships and projects that revitalize and stimulate local communities.
Kevin Priddy, the Venture X franchise owner, expressed excitement about Venture X’s expansion into Boca Raton, stating, “Opening a Venture X in Boca Raton is a thrilling milestone for us, it is the perfect market for our brand, with its dynamic business community and thriving entrepreneurial spirit. We are excited to provide a modern and collaborative workspace that caters to professionals, entrepreneurs, and small businesses, offering them the ideal environment to innovate, network, and grow.”
In the second quarter of 2024, the Boca Raton office market emerged as a prime destination for office tenants, leading leasing activity in Palm Beach County. Leasing across the Boca Raton East, West, and North submarkets surpassed 250,000 sq. ft., accounting for 38% of all Palm Beach County leasing during the quarter. This robust activity can be attributed to the highly educated workforce spurred by local institutions such as Florida Atlantic University, Lynn University and Palm Beach State College. Additionally, the new Boca Raton Brightline Station has improved connectivity, enabling companies to access talent from the broader South Florida region. With this advantageous convergence of factors, the outlook for the Boca Raton office market remains positive as we enter the second half of 2024.
00SFOBA STAFFhttps://dev.sfoba.com/wp-content/uploads/2026/08/SFOBA-logo-sharpened-transparent.pngSFOBA STAFF2024-08-04 11:38:412024-08-04 11:38:41Coworking Operator Signs 29K SF Lease For Office Space In Boca Raton Amidst Leasing Surge
Zaragon sold an office building in Plantation for $15.7 million, a 5.5 percent discount from the firm’s purchase price six years ago.
Zaragon, a Chicago-based real estate investment firm, sold the two-story 1801 Building at 1801 Northwest 66th Avenue to Mentor, Ohio-based Steris, according to records. Steris is a health care and life science products and services company.
00SFOBA STAFFhttps://dev.sfoba.com/wp-content/uploads/2026/08/SFOBA-logo-sharpened-transparent.pngSFOBA STAFF2024-07-29 20:17:042024-07-29 20:17:04Plantation Office Building Sells For $15.7M
In July 2021, KBS acquired the property from a joint venture between prominent commercial real estate firm CP Group, formerly Crocker Partners, and Siguler Guff & Co. for $99.5 million by Prime US REIT (PRIME), which traded on the Singapore Exchange Securities Trading Limits ticker as: OXMU. KBS served as the U.S.-based asset manager for the portfolio, which included identifying and sourcing this asset on PRIME’s behalf.
The 1991-built 10-story building totals 191,294 square feet and features a 151,392-square-foot parking structure. The building is one of the market’s tallest office buildings and was developed before annexation into the City, thus avoiding Boca Raton’s four-story height restrictions.
Wells Fargo provided a $51 million acquisition loan to Gatsby Enterprises.
00SFOBA STAFFhttps://dev.sfoba.com/wp-content/uploads/2026/08/SFOBA-logo-sharpened-transparent.pngSFOBA STAFF2024-07-21 10:33:012024-07-21 10:33:01Boca Office Building Trades At $18 Million Loss
Plans for a Class A office building close to the Town Center at Boca Raton mall have been filed by CP Group.
The city received designs for the five-acre site on the west side of North Military Trail, directly south of the One Town Center office complex, from the local developer via affiliate CP Group via CP OTC LLC. Two Town Center is still owned by CP Group, who also constructed and sold One Town Center.
Under the proposal, Three Town Center will feature 117,000 square feet of office space in seven stories and 557 parking spaces in six stories. It was designed by Tampa-based TVS Florida Architecture.
Angelo Bianco, managing partner of CP Group, said Boca Raton has missed out on many of the big office tenant relocation deals that headed to West Palm Beach in recent years, but Boca Raton hasn’t had a Class A building developed in many years. He aims to change that.
Three Town Center is slated for smaller floor plates, around 12,000 square feet each, and likely a restaurant on the ground floor.
Mike Erickson and Laurel Oswald with TCRE have been tapped to lease the new office building, according to a marketing brochure.
Caroline Fleischer, Darcie Lunsford Join New CRE Firm As Senior Vice Presidents
/in News/by SFOBA STAFFCaroline Fleischer and Darcie Lunsford have joined Colliers International South Florida as Senior Vice Presidents.
Darcie and Caroline will work as a team based in the Boca Raton office, focusing on all aspects of office leasing services.
With over 30 years of experience in the industry, Caroline is a seasoned professional specializing in tenant representation in the South Florida region. Her previous role as Executive Vice President of Occupier Services at Butters Realty & Management saw her leading the ramp-up of tenant representation services as well as expanding on landlord-side leasing initiatives for Butters and various third-party accounts. Before joining Butters in 2019, Caroline was the Managing Principal for tenant representation-only firm CRESA South Florida, hired to rebuild the company’s practice. She also spent more than a decade of her career as a tenant representative at Cushman & Wakefield in South Florida.
Darcie brings her extensive commercial real estate experience, focusing on landlord representation of office properties in Palm Beach and Broward County. Before joining Colliers, she served as Executive Vice President of Landlord Services at Butters Realty & Management, where she oversaw the leasing and repositioning of office assets for Butters and other third-party landlords. Prior to Butters, Darcie spent 22 years as a newspaper and television reporter, covering the commercial real estate industry for over a decade at the South Florida Business Journal. Darcie has been selected to serve on the National Board of Directors for NAIOP in 2025, the nation’s largest commercial real estate development association. She is the past Chair of the NAIOP Florida PAC and the past president of NAIOP South Florida and NAIOP Florida, which sets and executes the statewide legislative/lobbying objectives for Florida’s commercial development industry.
Over the previous three years, Caroline and Darcie, as a team, have demonstrated strong deal-making acumen by executing over 200 transactions, generating more than $150 million in office lease and sales value for their clients despite pandemic market challenges. Their diverse portfolio includes the recent lease up and repositioning of noteworthy office assets such as University Place at City Center in Coral Springs, Northwest Broward County’s largest office tower, 1900 Midtown in Boca Raton, and the Corporate Plaza at Lakeside in Fort Lauderdale, where they have doubled leasing since taking over the listing.
Cushman & Wakefield Arranges $26M Sale Of Fort Lauderdale Office Campus
/in Done Deals, News/by SFOBA STAFFCushman & Wakefield has arranged the $26 million sale of Commercial Place I and II, a two-building, Class A office campus located at 3230 and 3250 W Commercial Blvd. within Fort Lauderdale’s Cypress Creek/Commercial Boulevard submarket.
Scott O’Donnell, Mike Ciadella, Greg Miller, Dominic Montazemi and Miguel Alcivar of Cushman & Wakefield represented the seller in the transaction. The properties were sold by Brookwood Commercial Place, LLC and acquired by MYP Commercial Place, LLC, an entity managed by Moshe Popack.
Commercial Place I & II spans 175,861 square feet total and was approximately 78% leased at the time of sale to a diverse mix of long-term tenants. The office campus includes best-in-class amenities such as a recently renovated lobby and fitness center, state-of-the-art conference facility for up to 40 people, and a full-service on-site café. Additionally, Commercial Place I & II is conveniently located between Interstate 95 and the Florida Turnpike, boasting unbeatable highway access and visibility to 5.3 million people within a one-hour drive.
Coworking Operator Signs 29K SF Lease For Office Space In Boca Raton Amidst Leasing Surge
/in Done Deals, News/by SFOBA STAFFAs Boca Raton’s leasing surge surpasses other major office hubs, Venture X, the nation’s third largest coworking operator, has signed a long-term top floor lease at Palmetto Central in Boca Raton, encompassing 28,959 square feet.
Colliers’ Executive Vice President Derek Baker represented the tenant in negotiating the deal. CBRE’s Joe Freitas, John Criddle and Max Pawk represented the landlord, Grover Corlew, in the lease negotiations.
Palmetto Central, located at 1489 and 1499 W Palmetto Park Road, stands out with its Class A office space in a state-of-the-art redevelopment immediately east off Interstate 95, in Boca Raton’s bustling market. The property’s prime location offers unmatched access to the East Coast, being just minutes away from Downtown Boca Raton, the Glades Corridor and the new Brightline Boca Raton Station.
The property is undergoing an ongoing and phased $30 million renovation which has included significant upgrades to the two building’s façades, lobbies, and common area corridors, all aimed at elevating the asset and tenant mix to the highest quality. The property’s standout features include floor-to-ceiling windows, custom high-quality buildouts, full-height hurricane impact windows, and premium amenities such as a tenant lounge, fitness center, conference facility, and monument building signage opportunities.
Grover Corlew is a real estate investment management group and developer of multifamily and office properties with a proven track record of over 100 years of combined industry experience in acquiring, transforming, and managing a diverse range of assets, including office, multifamily, and retail properties, throughout the southeastern U.S., with a focus on Florida. The firm has developed, owned, and managed over 10,000 units and more than 10 million sq. ft. of commercial space, specializing in investor and tenant relationships and projects that revitalize and stimulate local communities.
In the second quarter of 2024, the Boca Raton office market emerged as a prime destination for office tenants, leading leasing activity in Palm Beach County. Leasing across the Boca Raton East, West, and North submarkets surpassed 250,000 sq. ft., accounting for 38% of all Palm Beach County leasing during the quarter. This robust activity can be attributed to the highly educated workforce spurred by local institutions such as Florida Atlantic University, Lynn University and Palm Beach State College. Additionally, the new Boca Raton Brightline Station has improved connectivity, enabling companies to access talent from the broader South Florida region. With this advantageous convergence of factors, the outlook for the Boca Raton office market remains positive as we enter the second half of 2024.
Plantation Office Building Sells For $15.7M
/in Done Deals, News/by SFOBA STAFFZaragon sold an office building in Plantation for $15.7 million, a 5.5 percent discount from the firm’s purchase price six years ago.
Zaragon, a Chicago-based real estate investment firm, sold the two-story 1801 Building at 1801 Northwest 66th Avenue to Mentor, Ohio-based Steris, according to records. Steris is a health care and life science products and services company.
Source: The Real Deal
Boca Office Building Trades At $18 Million Loss
/in Done Deals, News/by SFOBA STAFFGatsby Enterprises has purchased One Town Center, located at 1 Town Center Road in Boca Raton, for $82 million.
The asset last sold for $99.5 million.
In July 2021, KBS acquired the property from a joint venture between prominent commercial real estate firm CP Group, formerly Crocker Partners, and Siguler Guff & Co. for $99.5 million by Prime US REIT (PRIME), which traded on the Singapore Exchange Securities Trading Limits ticker as: OXMU. KBS served as the U.S.-based asset manager for the portfolio, which included identifying and sourcing this asset on PRIME’s behalf.
The 1991-built 10-story building totals 191,294 square feet and features a 151,392-square-foot parking structure. The building is one of the market’s tallest office buildings and was developed before annexation into the City, thus avoiding Boca Raton’s four-story height restrictions.
Wells Fargo provided a $51 million acquisition loan to Gatsby Enterprises.
New Office Building Coming To Boca Raton
/in News/by SFOBA STAFFPlans for a Class A office building close to the Town Center at Boca Raton mall have been filed by CP Group.
The city received designs for the five-acre site on the west side of North Military Trail, directly south of the One Town Center office complex, from the local developer via affiliate CP Group via CP OTC LLC. Two Town Center is still owned by CP Group, who also constructed and sold One Town Center.
Under the proposal, Three Town Center will feature 117,000 square feet of office space in seven stories and 557 parking spaces in six stories. It was designed by Tampa-based TVS Florida Architecture.
Angelo Bianco, managing partner of CP Group, said Boca Raton has missed out on many of the big office tenant relocation deals that headed to West Palm Beach in recent years, but Boca Raton hasn’t had a Class A building developed in many years. He aims to change that.
Three Town Center is slated for smaller floor plates, around 12,000 square feet each, and likely a restaurant on the ground floor.
Mike Erickson and Laurel Oswald with TCRE have been tapped to lease the new office building, according to a marketing brochure.
Source: SFBJ