Emerson, a global manufacturing and technology company, announced its second expansion in two years of its Latin operations in South Florida.
According to Stiles Realty director of leasing, Madelayne Garcia, who represented the landlord, Emerson will expand by 9,500 square feet, where it already has 18,000 square feet at Stiles’ Lake Shore Plaza II office building.
Emerson said it will invest $400,000 to renovate the newly leased space and create about 20 new jobs. The renovation will be designed by Stiles Architectural Group and managed by Stiles Tenant Improvement Services.
Lake Shore Plaza II is a 130,000-square-foot multi-tenant office building located in Sawgrass International Corporate Park at the intersection of I-75 and I-595 and the Sawgrass Expressway. The building is certified LEED Silver by the U.S. Green Building Council and boasts numerous energy-efficient and environmentally friendly features, including an indoor air quality system, water-conserving features, recycling program, pest management system, and preferred parking for hybrid and energy efficient vehicles.
https://sfoba.com/wp-content/uploads/2013/02/Madelayne-Garcia.jpg270275SFOBA STAFFhttps://dev.sfoba.com/wp-content/uploads/2026/08/SFOBA-logo-sharpened-transparent.pngSFOBA STAFF2013-02-14 03:36:172013-02-14 03:36:17Mady Garcia Negotiates 9,500 SF Expansion
Whelchel Partners has recently been tapped to lease 925 S. Federal Highway in Boca Raton.
Designed by Philip Johnson, the 90,000, 7-story Class “A” office tower was built in 2000 and features 42,152 square feet available for lease, with suites ranging from 800 to 40,000 square feet.
Tenants include Wells Fargo, T. Rowe Price and Raymond James.
The ULI Southeast Florida/Caribbean Chapter will be presenting its…
2013 South Florida
Economic & Development Outlook Program
When: Thursday, February 7, 2013 Time: 2:30pm – 6:00pm (Networking Reception 5:00pm-6:00pm) Location: Gulfstream Park, Sport of Kings Theatre (901 South Federal Highway, Hallandale Beach)
Join other leaders at this must-attend annual program to hear four dynamic perspectives on the future of South Florida land use and real estate. What’s happening in the market? How can we effectively create development through public/private partnerships? What role do demographics play in our changing region, and what are the projections on future growth? Do we have the leadership needed to sustain and transform our communities? This afternoon program will be followed by a networking reception with hundreds of your colleagues and business peers.
CE Credits 2.0 hrs. of AIA (Pending Approval)
Keynote Speakers:
Dr. Randy Anderson, Howard Phillips Eminent Scholar Chair in Real Estate, UCF
Anderson presents an engaging look at the real estate market from both national and local perspectives to provide the latest information to help you stay ahead of the curve.
Victor Dover, Principal, Dover, Kohl & Partners Town Planning
Want a futuristic presentation based in reality? Dover illustrates how South Florida’s built environment has changed over the past 50 years and what we might expect over the next half century.
Josh Gelfman, Senior VP, New York City Economic Development Corp.
Hear how New York City has leveraged a pipeline of real estate projects in public/private partnerships to spur economic development.
Former Mayor Manny Diaz, City of Miami
A force in local, state and national politics for nearly three decades, Diaz talks about transforming communities in the 21st Century, as well as his new book, Miami Transformed – Rebuilding America One Neighborhood, One City at a Time.
Program Chair: Gene Berman, EVP, Marcus & Millichap
REGISTER BY CALLING: 800-321-5011 (reference #8135-1307)
https://sfoba.com/wp-content/uploads/2013/02/economic-outlook.jpg270275SFOBA STAFFhttps://dev.sfoba.com/wp-content/uploads/2026/08/SFOBA-logo-sharpened-transparent.pngSFOBA STAFF2013-02-07 01:58:382026-08-20 12:30:072013 South Florida Economic & Development Outlook Program
Boca Raton based Commercial Florida Realty Services has leased 73,146 square feet of office space at the 116,000 square foot Hillsboro Center, located at 600 West Hillsboro Boulevard in Deerfield Beach.
The leases include a new lease with Pylon Manufacturing Corp (10,229 SF), expansion of The Ticktin Law Group (13,712 SF), expansion of Old Republic Tile Insurance Co. (9,441 SF) and the expansion of Dart Container Company (39,764 SF)
“What’s most encouraging is the majority of the Hillsboro Center leasing has come organically, which is a good indicator that the overall economy may well be on the upturn,” stated Peter D. Reed, Managing Principal at Commercial Florida Realty Services, Hillsboro Center’s exclusive leasing firm.
Hillsboro Center is owned by Parkway Properties, Inc., a publically-traded real estate investment trust (NYSE symbol: PKY).
https://sfoba.com/wp-content/uploads/2013/02/Hillsboro-Center.jpg270275SFOBA STAFFhttps://dev.sfoba.com/wp-content/uploads/2026/08/SFOBA-logo-sharpened-transparent.pngSFOBA STAFF2013-02-06 16:36:442013-02-06 16:36:44Commercial Florida Realty Brings Hillsboro Center To 95% Occupied
Marcus & Millichap Real Estate Investment Services, the nation’s largest real estate investment services firm, has hired C. Todd Everett as a senior associate in the Fort Lauderdale office, according to Gregory Matus, vice president and regional manager of the office.
In his new position, Everett focuses on the sale of office and industrial properties throughout South Florida. He also holds the title of director of the firm’s National Office and Industrial Properties Group (NOIPG).
“Todd’s in-depth knowledge of the office and industrial investment sales market makes him a tremendous asset to our clients and our firm,’ says Matus. “ His thorough understanding of acquisitions and dispositions, tenant and landlord representation, lease and contract negotiation and market research and financial analysis gives Todd a unique perspective on the sale of office and industrial properties.”
“I am excited to be part of a dominant team in the South Florida market where I can align and leverage my experience and skill set with an unparalleled network and platform to better serve my clients,” says Everett.
Everett began his career in the South Florida market in 1995 with CBRE and has more than 20 years of transactional experience representing institutional and private clients in the sale and leasing of office and industrial properties. He has completed transactions totaling more than $300 million and earned the prestigious designation of SIOR in 2004. Before joining Marcus & Millichap, Everett was a top-producing broker for NAI/Merin Hunter Codman Inc., where he served as Managing Director since
Everett currently serves on the National Association of Industrial and Office Properties (NAIOP) South Florida Chapter’s board of directors. He is a member of the Society of Industrial and Office Realtor’s (SIOR) National Digital and Media Communications Committee and is co-chair of the Social Media Subcommittee. Everett is also the co-founder and an executive committee member of the Alliance of Corporate Real Estate Executives and Specialists (ACRES), a local networking group and think tank comprised of senior level real estate executives, investors and transaction specialists.
Everett received a bachelor’s degree from the University of Vermont.
https://sfoba.com/wp-content/uploads/2013/02/C-Todd-Everett.jpg270275SFOBA STAFFhttps://dev.sfoba.com/wp-content/uploads/2026/08/SFOBA-logo-sharpened-transparent.pngSFOBA STAFF2013-02-06 03:39:542013-02-06 03:39:54Todd Everett Parts Ways With NAI/Merin Hunter Codman
By Eric Messer, Research Services Manager, Newmark Grubb Knight Frank
Palm Beach’s office sector continued to feel the pains of a slow-growing economy as overall vacant space still hovered near 22.0 percent.
This was still 280 basis points below the peak of 24.8 percent recorded in the third quarter of 2010.
The industrial market experienced healthier conditions as vacancy rates fell to the eight percent mark at the close of fourth quarter of 2012. This was a 440 basis point decrease from the 12.4% peak posted three years earlier at the close of 2009.
Both property segments are more dependent on small businesses run by local area owners. This coupled with the strong ties to the residential sector has stifled stronger momentum that other markets have seen.
The majority of deals being seen continued to come from tenants in the market as companies take advantage of space opportunities. This trend will continue throughout 2013 as landlords hold asking rates steady.
https://sfoba.com/wp-content/uploads/2013/01/slow-growth.jpg270275SFOBA STAFFhttps://dev.sfoba.com/wp-content/uploads/2026/08/SFOBA-logo-sharpened-transparent.pngSFOBA STAFF2013-01-30 20:29:442013-01-30 20:29:44Market Report: Palm Beach Reliant On Local Area Business Owners
Mady Garcia Negotiates 9,500 SF Expansion
/in Done Deals/by SFOBA STAFFEmerson, a global manufacturing and technology company, announced its second expansion in two years of its Latin operations in South Florida.
According to Stiles Realty director of leasing, Madelayne Garcia, who represented the landlord, Emerson will expand by 9,500 square feet, where it already has 18,000 square feet at Stiles’ Lake Shore Plaza II office building.
Emerson said it will invest $400,000 to renovate the newly leased space and create about 20 new jobs. The renovation will be designed by Stiles Architectural Group and managed by Stiles Tenant Improvement Services.
Lake Shore Plaza II is a 130,000-square-foot multi-tenant office building located in Sawgrass International Corporate Park at the intersection of I-75 and I-595 and the Sawgrass Expressway. The building is certified LEED Silver by the U.S. Green Building Council and boasts numerous energy-efficient and environmentally friendly features, including an indoor air quality system, water-conserving features, recycling program, pest management system, and preferred parking for hybrid and energy efficient vehicles.
Whelchel Partners Awarded Boca Office Listing
/in News/by SFOBA STAFFWhelchel Partners has recently been tapped to lease 925 S. Federal Highway in Boca Raton.
Designed by Philip Johnson, the 90,000, 7-story Class “A” office tower was built in 2000 and features 42,152 square feet available for lease, with suites ranging from 800 to 40,000 square feet.
Tenants include Wells Fargo, T. Rowe Price and Raymond James.
2013 South Florida Economic & Development Outlook Program
/in News, Upcoming Events/by SFOBA STAFFThe ULI Southeast Florida/Caribbean Chapter will be presenting its…
2013 South Florida
Economic & Development Outlook Program
When: Thursday, February 7, 2013
Time: 2:30pm – 6:00pm (Networking Reception 5:00pm-6:00pm)
Location: Gulfstream Park, Sport of Kings Theatre (901 South Federal Highway, Hallandale Beach)
Join other leaders at this must-attend annual program to hear four dynamic perspectives on the future of South Florida land use and real estate. What’s happening in the market? How can we effectively create development through public/private partnerships? What role do demographics play in our changing region, and what are the projections on future growth? Do we have the leadership needed to sustain and transform our communities? This afternoon program will be followed by a networking reception with hundreds of your colleagues and business peers.
CE Credits 2.0 hrs. of AIA (Pending Approval)
Keynote Speakers:
Dr. Randy Anderson, Howard Phillips Eminent Scholar Chair in Real Estate, UCF
Anderson presents an engaging look at the real estate market from both national and local perspectives to provide the latest information to help you stay ahead of the curve.
Victor Dover, Principal, Dover, Kohl & Partners Town Planning
Want a futuristic presentation based in reality? Dover illustrates how South Florida’s built environment has changed over the past 50 years and what we might expect over the next half century.
Josh Gelfman, Senior VP, New York City Economic Development Corp.
Hear how New York City has leveraged a pipeline of real estate projects in public/private partnerships to spur economic development.
Former Mayor Manny Diaz, City of Miami
A force in local, state and national politics for nearly three decades, Diaz talks about transforming communities in the 21st Century, as well as his new book, Miami Transformed – Rebuilding America One Neighborhood, One City at a Time.
Program Chair: Gene Berman, EVP, Marcus & Millichap
REGISTER BY CALLING: 800-321-5011 (reference #8135-1307)
Commercial Florida Realty Brings Hillsboro Center To 95% Occupied
/in Done Deals, News/by SFOBA STAFFBoca Raton based Commercial Florida Realty Services has leased 73,146 square feet of office space at the 116,000 square foot Hillsboro Center, located at 600 West Hillsboro Boulevard in Deerfield Beach.
The leases include a new lease with Pylon Manufacturing Corp (10,229 SF), expansion of The Ticktin Law Group (13,712 SF), expansion of Old Republic Tile Insurance Co. (9,441 SF) and the expansion of Dart Container Company (39,764 SF)
“What’s most encouraging is the majority of the Hillsboro Center leasing has come organically, which is a good indicator that the overall economy may well be on the upturn,” stated Peter D. Reed, Managing Principal at Commercial Florida Realty Services, Hillsboro Center’s exclusive leasing firm.
Hillsboro Center is owned by Parkway Properties, Inc., a publically-traded real estate investment trust (NYSE symbol: PKY).
Todd Everett Parts Ways With NAI/Merin Hunter Codman
/in News/by SFOBA STAFFMarcus & Millichap Real Estate Investment Services, the nation’s largest real estate investment services firm, has hired C. Todd Everett as a senior associate in the Fort Lauderdale office, according to Gregory Matus, vice president and regional manager of the office.
In his new position, Everett focuses on the sale of office and industrial properties throughout South Florida. He also holds the title of director of the firm’s National Office and Industrial Properties Group (NOIPG).
“Todd’s in-depth knowledge of the office and industrial investment sales market makes him a tremendous asset to our clients and our firm,’ says Matus. “ His thorough understanding of acquisitions and dispositions, tenant and landlord representation, lease and contract negotiation and market research and financial analysis gives Todd a unique perspective on the sale of office and industrial properties.”
“I am excited to be part of a dominant team in the South Florida market where I can align and leverage my experience and skill set with an unparalleled network and platform to better serve my clients,” says Everett.
Everett began his career in the South Florida market in 1995 with CBRE and has more than 20 years of transactional experience representing institutional and private clients in the sale and leasing of office and industrial properties. He has completed transactions totaling more than $300 million and earned the prestigious designation of SIOR in 2004. Before joining Marcus & Millichap, Everett was a top-producing broker for NAI/Merin Hunter Codman Inc., where he served as Managing Director since
Everett currently serves on the National Association of Industrial and Office Properties (NAIOP) South Florida Chapter’s board of directors. He is a member of the Society of Industrial and Office Realtor’s (SIOR) National Digital and Media Communications Committee and is co-chair of the Social Media Subcommittee. Everett is also the co-founder and an executive committee member of the Alliance of Corporate Real Estate Executives and Specialists (ACRES), a local networking group and think tank comprised of senior level real estate executives, investors and transaction specialists.
Everett received a bachelor’s degree from the University of Vermont.
Market Report: Palm Beach Reliant On Local Area Business Owners
/in News/by SFOBA STAFFBy Eric Messer, Research Services Manager, Newmark Grubb Knight Frank
Palm Beach’s office sector continued to feel the pains of a slow-growing economy as overall vacant space still hovered near 22.0 percent.
This was still 280 basis points below the peak of 24.8 percent recorded in the third quarter of 2010.
The industrial market experienced healthier conditions as vacancy rates fell to the eight percent mark at the close of fourth quarter of 2012. This was a 440 basis point decrease from the 12.4% peak posted three years earlier at the close of 2009.
Both property segments are more dependent on small businesses run by local area owners. This coupled with the strong ties to the residential sector has stifled stronger momentum that other markets have seen.
The majority of deals being seen continued to come from tenants in the market as companies take advantage of space opportunities. This trend will continue throughout 2013 as landlords hold asking rates steady.
Click on the links below for the full report.
4Q12 Palm Beach Office Market Report
4Q12 Palm Beach Industrial Market Report