00SFOBA STAFFhttps://dev.sfoba.com/wp-content/uploads/2026/08/SFOBA-logo-sharpened-transparent.pngSFOBA STAFF2012-09-19 19:26:362012-09-19 19:26:36Allen Morris To Market Fort Lauderdale’s Galleria Corporate Centre
Ken Silberling has joined Commercial Florida Realty Services, LLC as a Principal, focusing on office leasing and investment sales.
Silberling had been Vice President of Leasing and Acquisitions and Director of Business Development at Danburg Management Corporation since 1999. At Danburg, a Boca Raton based commercial real estate investment and development firm, Silberling was instrumental in growing the portfolio from 150,000 to over 1 million square feet and completed well over 500 office and industrial lease transactions. Ken holds a Master of Business Administration from Georgetown University.
At Commercial Florida, Silberling rejoins George Sacks and Peter D. Reed, Principals of Commercial Florida Realty Services, with whom he had worked at the original Commercial Florida in the late 1990s. Sacks sold the assets of the original Commercial Florida to Grubb and Ellis in 1999, but re-formed the company in 2005. At Commercial Florida, Silberling will be looking to grow the company’s third party leasing and management business and source investment opportunities.
“I’m really excited to be back with George and Pete.” said Silberling “There is certainly a level of comfort and mutual respect. I feel our skills complement each other and that together we can provide a range of services that is unique to the market.”
“What I like about Commercial Florida 2.0 is that our platform now combines leasing, management and sales. We have an a-la-carte menu of services that we can tailor to a client’s need. In addition, we have all been involved from the ownership side, so we have a true understanding of what today’s real estate owner needs. And while we’re all a bit older and wiser, I’ve learned a few new tricks, so we’re at the cutting edge as far as marketing and technology.”
Commercial Florida has also resumed production of its semi-annual office market reports. “Our market information is what differentiated us and helped establish our brand back in the 90s” said Sacks. “While Co-Star and others have changed the landscape for data collection, the need for intuitive interpretation of the data is more important than ever. While Ken won’t be writing the reports like he did previously, he will certainly add his own unique and often entertaining perspective.” “It’s a lot easier to compile the data and create pretty graphics these days,” added Silberling, “but our real job is to translate the data into actions that will help owners maximize their property values. I believe we have the talent to do that as well as anyone in the market.”
https://sfoba.com/wp-content/uploads/2012/09/Ken-Silberling.jpg270275SFOBA STAFFhttps://dev.sfoba.com/wp-content/uploads/2026/08/SFOBA-logo-sharpened-transparent.pngSFOBA STAFF2012-09-18 14:51:542012-09-18 14:51:54Silberling Rejoins Sacks And Reed
Bank of America Plaza at Las Olas City Centre (LOCC) is gaining rapid leasing momentum and drawing major national office and retail tenants to fill more than 115,000 square feet since the start of the year.
“LOCC has found an effective market niche with tenants that thrive on the building’s amenities and location on Las Olas Boulevard” said Stiles Director of Leasing Norm Adams. “We’re drawing major banks and financial service firms, law firms, trendy cafes, high-end restaurants and retail tenants who all enjoy having both professional and residential targets at their doorstep.”
Recent leases from Bank of America for 56,742 square feet; Boies, Schiller & Flexner for 22,632 square feet; BBX Capital Corporation for 16,355 square feet; Patriot National Insurance expansion of 12,142 square feet; Farlie & Turner for 3,788 square feet; and Subway and Offerdahl’s have brought the 408,079-square foot office tower at 401 East Las Olas Boulevard to 99 percent leased.
LOCC is a Class A 23-story office and retail building developed by Stiles and owned by institutional investors advised by JP Morgan Asset Management. Stiles has provided the leasing and property management for LOCC since its development and was reassigned to the building by the new ownership.
https://sfoba.com/wp-content/uploads/2012/09/Las-Olas-City-Centre.jpg270275SFOBA STAFFhttps://dev.sfoba.com/wp-content/uploads/2026/08/SFOBA-logo-sharpened-transparent.pngSFOBA STAFF2012-09-13 03:10:042012-09-13 03:10:04Recent Deals Bring Las Olas City Centre To 99% Leased
T.J. R.M. Imports, a home design firm, is relocating from the Design Center of the Americas (DCOTA) in Dania Beach to KTR Hollywood, a 521,000-square-foot, 13-building, Class A flex park located on the west side of I-95 in Hollywood, Florida.
The building is within the newly formed South Florida Design Park area.
Scheduled for occupancy on November 1, 2012, T.J. R.M. Imports will occupy a total of 27,000 square feet for a 15-year term. The showroom space will encompass the entire space and is currently under construction. This new space represents an expansion of approximately 7,000 square feet from T.J. R.M. Imports’ current showroom.
“We are witnessing a trend where several home design firms are relocating out of the DCOTA, a campus that caters to design professionals, to take advantage of more competitively priced space and enhanced accessibility for the general public,” said Tom O’Loughlin of CBRE. “Consumers today want the same direct access to high-end warehouse showrooms as they have had in the past from design centers.”
T.J. R.M. Imports will join other leading firms such as Jerry Pair, Stark Carpet and J. Nelson to name a few.
O’Loughlin is a Senior Associate with CBRE, based in the Fort Lauderdale office. O’Loughlin was joined by Senior Vice President Harry Tangalakis in providing representation to the landlord, KTR Hollywood LLC.
https://sfoba.com/wp-content/uploads/2012/02/dcota.jpg270275SFOBA STAFFhttps://dev.sfoba.com/wp-content/uploads/2026/08/SFOBA-logo-sharpened-transparent.pngSFOBA STAFF2012-09-11 15:02:462012-09-11 15:02:46DCOTA’s Loss Is KTR Hollywood’s Gain
Fueled by the design preferences of Millennials, the rise of telecommuting and continuing economic concerns, U.S. office tenants are opting for smaller spaces that promote more collaborative work environments.
That was the observation of show host Michael Bull and his guests on the most recent episode of “America’s Commercial Real Estate Show,” which examined office-use strategies of Corporate America, as well as some of the common mistakes office tenants make.
“From a utilization point of view, everything’s running about 25 percent [smaller] than it did in the past,” said Rick Ferguson, vice president, corporate office services for Bull Realty. “If someone had a 10,000-square-foot office space, it’s now 7,500 square feet.”
“What we’re seeing is a tremendous push towards more space compression … and a real focus is to get that collaborative environment,” added Scott Panzer, a New York-based vice chairman of Jones Lang LaSalle.
According to Panzer, financial service firms, which once typically sought 250 square feet of office space per employee, now seek 205 square feet for each worker. Media and advertising firms have similarly decreased their requirements, he said.
“The Googles of the world, they’re already [at] one person per 100 square feet,” Panzer added.
The use of hoteling, or providing office space to workers on an as-needed basis rather than permanently reserving space for a particular individual, to reduce overall space demands has become a significant trend in recent years, said Bob Chodos, a principal with Colliers International in Chicago.
“In the last 72 hours, I’ve had two companies ask me these questions: ‘Why is that I can walk around my space and see all these empty offices when people are traveling [to be with] our clients? What can I do to be more efficient?’” Chodos said.
Waiting until a lease expiration is fairly close before beginning negotiations for the next lease is a common mistake tenants make, said Richard Rhodes, managing principal with Cresa Bethesda.
“I’m working on two transactions now that have five years left where we are renegotiating the rent downward and extending the leases for [another] five years,” he said. “Had we not been at that point, that opportunity would never have presented itself. The more time you have [remaining on a lease], the more leverage you have, especially in a soft market.”
“I’ve seen that mistake as well, where tenants don’t have enough time, and they can’t negotiate from a position of power because they’ve started the deal too late,” said Michael Bull, president and founder of Bull Realty.
The entire episode on corporate office tenant strategies is available for download at www.CREshow.com.
The next “America’s Commercial Real Estate Show” will be available Aug. 30 and will examine the top college real estate programs.
“America’s Commercial Real Estate Show” is a national talk radio show about commercial real estate. The show host is 30-year commercial real estate veteran Michael Bull, CCIM, founder of Bull Realty, Inc, a regional commercial brokerage firm with three offices headquartered in Atlanta, Georgia.
00SFOBA STAFFhttps://dev.sfoba.com/wp-content/uploads/2026/08/SFOBA-logo-sharpened-transparent.pngSFOBA STAFF2012-09-05 01:30:512012-09-05 01:30:51The Changing Face Of Office Space
The prime objective of the South Florida Office Brokers Association (SFOBA) is to give the participants an opportunity to network with their peers, get more information on what is available in the marketplace, and hopefully get pertinent market information from guest speakers, and research analysis for the area.
Our meetings are hosted, graciously, by our members. The host property gets exposure to market the space available in the building and for all to see it first hand.
There is no charge to be a member of the SFOBA, but it is for office brokers only.
If you are an office broker, and not yet a member of SFOBA, please let us know by leaving a comment below. Be sure to include your name and email address and we’ll be happy to add your name to our current email distribution list to keep you informed of upcoming meetings.
https://sfoba.com/wp-content/uploads/2012/08/happy-new-year-2015.jpg270275SFOBA STAFFhttps://dev.sfoba.com/wp-content/uploads/2026/08/SFOBA-logo-sharpened-transparent.pngSFOBA STAFF2012-08-28 16:17:022012-08-28 16:17:02Are You A Member Of SFOBA?
Allen Morris To Market Fort Lauderdale’s Galleria Corporate Centre
/in News/by SFOBA STAFFThe Allen Morris Company has been named the exclusive leasing agent for Fort Lauderdale’s Galleria Corporate Centre, the company announced.
The 13-story project, which is located at 2455 East Sunrise Boulevard, has 55,000 square feet of available space.
Allen Morris’ Bill Cutler will be handling leasing at the property, with Louis Gallo overseeing sales of Galleria’s office condominiums.
Source: The Real Deal
Silberling Rejoins Sacks And Reed
/in News/by SFOBA STAFFKen Silberling has joined Commercial Florida Realty Services, LLC as a Principal, focusing on office leasing and investment sales.
Silberling had been Vice President of Leasing and Acquisitions and Director of Business Development at Danburg Management Corporation since 1999. At Danburg, a Boca Raton based commercial real estate investment and development firm, Silberling was instrumental in growing the portfolio from 150,000 to over 1 million square feet and completed well over 500 office and industrial lease transactions. Ken holds a Master of Business Administration from Georgetown University.
At Commercial Florida, Silberling rejoins George Sacks and Peter D. Reed, Principals of Commercial Florida Realty Services, with whom he had worked at the original Commercial Florida in the late 1990s. Sacks sold the assets of the original Commercial Florida to Grubb and Ellis in 1999, but re-formed the company in 2005. At Commercial Florida, Silberling will be looking to grow the company’s third party leasing and management business and source investment opportunities.
“I’m really excited to be back with George and Pete.” said Silberling “There is certainly a level of comfort and mutual respect. I feel our skills complement each other and that together we can provide a range of services that is unique to the market.”
“What I like about Commercial Florida 2.0 is that our platform now combines leasing, management and sales. We have an a-la-carte menu of services that we can tailor to a client’s need. In addition, we have all been involved from the ownership side, so we have a true understanding of what today’s real estate owner needs. And while we’re all a bit older and wiser, I’ve learned a few new tricks, so we’re at the cutting edge as far as marketing and technology.”
Commercial Florida has also resumed production of its semi-annual office market reports. “Our market information is what differentiated us and helped establish our brand back in the 90s” said Sacks. “While Co-Star and others have changed the landscape for data collection, the need for intuitive interpretation of the data is more important than ever. While Ken won’t be writing the reports like he did previously, he will certainly add his own unique and often entertaining perspective.” “It’s a lot easier to compile the data and create pretty graphics these days,” added Silberling, “but our real job is to translate the data into actions that will help owners maximize their property values. I believe we have the talent to do that as well as anyone in the market.”
Recent Deals Bring Las Olas City Centre To 99% Leased
/in Done Deals/by SFOBA STAFFBank of America Plaza at Las Olas City Centre (LOCC) is gaining rapid leasing momentum and drawing major national office and retail tenants to fill more than 115,000 square feet since the start of the year.
“LOCC has found an effective market niche with tenants that thrive on the building’s amenities and location on Las Olas Boulevard” said Stiles Director of Leasing Norm Adams. “We’re drawing major banks and financial service firms, law firms, trendy cafes, high-end restaurants and retail tenants who all enjoy having both professional and residential targets at their doorstep.”
Recent leases from Bank of America for 56,742 square feet; Boies, Schiller & Flexner for 22,632 square feet; BBX Capital Corporation for 16,355 square feet; Patriot National Insurance expansion of 12,142 square feet; Farlie & Turner for 3,788 square feet; and Subway and Offerdahl’s have brought the 408,079-square foot office tower at 401 East Las Olas Boulevard to 99 percent leased.
LOCC is a Class A 23-story office and retail building developed by Stiles and owned by institutional investors advised by JP Morgan Asset Management. Stiles has provided the leasing and property management for LOCC since its development and was reassigned to the building by the new ownership.
DCOTA’s Loss Is KTR Hollywood’s Gain
/in Done Deals, News/by SFOBA STAFFT.J. R.M. Imports, a home design firm, is relocating from the Design Center of the Americas (DCOTA) in Dania Beach to KTR Hollywood, a 521,000-square-foot, 13-building, Class A flex park located on the west side of I-95 in Hollywood, Florida.
The building is within the newly formed South Florida Design Park area.
Scheduled for occupancy on November 1, 2012, T.J. R.M. Imports will occupy a total of 27,000 square feet for a 15-year term. The showroom space will encompass the entire space and is currently under construction. This new space represents an expansion of approximately 7,000 square feet from T.J. R.M. Imports’ current showroom.
“We are witnessing a trend where several home design firms are relocating out of the DCOTA, a campus that caters to design professionals, to take advantage of more competitively priced space and enhanced accessibility for the general public,” said Tom O’Loughlin of CBRE. “Consumers today want the same direct access to high-end warehouse showrooms as they have had in the past from design centers.”
T.J. R.M. Imports will join other leading firms such as Jerry Pair, Stark Carpet and J. Nelson to name a few.
O’Loughlin is a Senior Associate with CBRE, based in the Fort Lauderdale office. O’Loughlin was joined by Senior Vice President Harry Tangalakis in providing representation to the landlord, KTR Hollywood LLC.
The Changing Face Of Office Space
/in Trends/by SFOBA STAFFFueled by the design preferences of Millennials, the rise of telecommuting and continuing economic concerns, U.S. office tenants are opting for smaller spaces that promote more collaborative work environments.
That was the observation of show host Michael Bull and his guests on the most recent episode of “America’s Commercial Real Estate Show,” which examined office-use strategies of Corporate America, as well as some of the common mistakes office tenants make.
“From a utilization point of view, everything’s running about 25 percent [smaller] than it did in the past,” said Rick Ferguson, vice president, corporate office services for Bull Realty. “If someone had a 10,000-square-foot office space, it’s now 7,500 square feet.”
“What we’re seeing is a tremendous push towards more space compression … and a real focus is to get that collaborative environment,” added Scott Panzer, a New York-based vice chairman of Jones Lang LaSalle.
According to Panzer, financial service firms, which once typically sought 250 square feet of office space per employee, now seek 205 square feet for each worker. Media and advertising firms have similarly decreased their requirements, he said.
“The Googles of the world, they’re already [at] one person per 100 square feet,” Panzer added.
The use of hoteling, or providing office space to workers on an as-needed basis rather than permanently reserving space for a particular individual, to reduce overall space demands has become a significant trend in recent years, said Bob Chodos, a principal with Colliers International in Chicago.
“In the last 72 hours, I’ve had two companies ask me these questions: ‘Why is that I can walk around my space and see all these empty offices when people are traveling [to be with] our clients? What can I do to be more efficient?’” Chodos said.
Waiting until a lease expiration is fairly close before beginning negotiations for the next lease is a common mistake tenants make, said Richard Rhodes, managing principal with Cresa Bethesda.
“I’m working on two transactions now that have five years left where we are renegotiating the rent downward and extending the leases for [another] five years,” he said. “Had we not been at that point, that opportunity would never have presented itself. The more time you have [remaining on a lease], the more leverage you have, especially in a soft market.”
“I’ve seen that mistake as well, where tenants don’t have enough time, and they can’t negotiate from a position of power because they’ve started the deal too late,” said Michael Bull, president and founder of Bull Realty.
The entire episode on corporate office tenant strategies is available for download at www.CREshow.com.
The next “America’s Commercial Real Estate Show” will be available Aug. 30 and will examine the top college real estate programs.
“America’s Commercial Real Estate Show” is a national talk radio show about commercial real estate. The show host is 30-year commercial real estate veteran Michael Bull, CCIM, founder of Bull Realty, Inc, a regional commercial brokerage firm with three offices headquartered in Atlanta, Georgia.
Source: CityBiz
Are You A Member Of SFOBA?
/in News/by SFOBA STAFFThe prime objective of the South Florida Office Brokers Association (SFOBA) is to give the participants an opportunity to network with their peers, get more information on what is available in the marketplace, and hopefully get pertinent market information from guest speakers, and research analysis for the area.
Our meetings are hosted, graciously, by our members. The host property gets exposure to market the space available in the building and for all to see it first hand.
There is no charge to be a member of the SFOBA, but it is for office brokers only.
If you are an office broker, and not yet a member of SFOBA, please let us know by leaving a comment below. Be sure to include your name and email address and we’ll be happy to add your name to our current email distribution list to keep you informed of upcoming meetings.