Native Realty Closes Off-Market Office Building Sale In Fort Lauderdale

Native Realty again demonstrated its unique expertise in sourcing off-market opportunities for investment sales clients with the successful sale of a Fort Lauderdale office building.

Firm CEO Jaime Sturgis and COO Kaley Tuning represented the seller in the $5 million transaction, which equates to $650 per square foot, substantially higher than the surrounding comparable sales in the area

Davie Blvd Office, LLC sold the 201 SE 12th St. property to BJO of Fort Lauderdale, LLC. The buyer is a local law firm that plans to occupy the 7,541-square-foot office building.

Completed in 2018, the modern office building benefits from its location just steps from downtown Fort Lauderdale and Las Olas Boulevard. Its sleek design with large windows allows for ample natural light in the offices. The property also has plenty of available surface parking spaces, which is rare for urban core office product in the area.

Founded in 2017, Native is on pace to surpass $1 billion in overall transactional volume during the third quarter of 2025.

Native is actively working on $100 million in additional off-market investment sales opportunities on behalf of commercial real estate investor clients. Last month, Sturgis closed the $10.3 million off-market sale of the Pinecrest Square retail plaza in Fort Lauderdale’s Cypress Creek neighborhood.

Hillsboro Center

Grover Corlew Signs Two Major Leases At 600 Hillsboro, Bringing Hillsboro Center To 90% Occupancy

Grover Corlew announced the signing of two significant leases, one with The Corradino Group and the other with Wemlo, at 600 Hillsboro, one of five buildings in the Hillsboro Center office campus in Deerfield Beach.

The leases bring Hillsboro Center to 90% occupancy.

The Corradino Group, a national leader in transportation engineering and planning, has signed a lease for 27,021 square feet of space at 600 Hillsboro, which will serve as the command center for the Florida Department of Transportation’s (FDOT) SW 10th Street Connector Project— an estimated $1.3 billion infrastructure initiative linking the Sawgrass Expressway to I-95 that will create thousands of jobs and generate over $5.5 billion dollars in economic return to the region.

This high-profile project, delivered in partnership with Prince Contracting (part of the Flatiron-Dragados group within the global ACS Group) and OHLA USA as a joint venture,  along with Archer Western (part of the Walsh Group, a fourth-generation family-owned business providing construction services across North America), aims to address longstanding safety and congestion concerns. Once complete, the project will significantly enhance travel, freight movement, and hurricane evacuation routes across Broward County and the broader South Florida.

Wemlo, a RE/MAX Holdings fintech subsidiary that offers third-party mortgage loan processing services, has leased 3,102 sq. ft. of space at 600 Hillsboro, bringing another innovative, growth-oriented company to the building.

These leases follow a series of recent transactions, including the addition of new tenants, and renewals and expansions of current tenants including Osborn Engineering in 600 Hillsboro and J.D. Gilbert & Company, Supreme Health Options and Asymmetric Alpha Global Investors in 700 Hillsboro.

“Hillsboro Center has become a dynamic hub for companies looking for modern space, direct highway access and value in the heart of South Florida,” said Partner Mark Corlew. “The leasing momentum we’ve achieved reflects the strength of the improvements we’ve made, the quality of our tenant experience and the demand for well-positioned suburban office space.”\

Grover Corlew acquired Hillsboro Center in 2019 for $32.5 million, recognizing the long-term potential of the property’s prime location at the southeast corner of Hillsboro Boulevard and I-95. The campus includes the six-story, 119,000-square-foot tower at 600 Hillsboro and four additional buildings totaling nearly 103,875 square feet at 700 Hillsboro. Since the acquisition, Grover Corlew has invested more than $11 million in extensive capital improvements and renovations including a redesigned lobby at 600 Hillsboro, new spec suites, upgraded restrooms and corridors, a tenant lounge and a state-of-the-art fitness center.

“Hillsboro Center is at the center of a rapidly evolving corridor that continues to attract significant public and private investment,” said Partner Anuj Grover. “With more than 162,377 square feet leased since 2023, we’re seeing strong demand driven by nearby developments like the Hillsboro Technology Center and the redeveloped JM Family headquarters campus.”

The revitalization of Hillsboro Center is part of a larger vision for the site. Grover Corlew recently received site plan approval to expand the property with 360 luxury apartment units under its Mayla brand, while continuing to modernize the office campus and demolish obsolete buildings to make way for new public spaces and improved infrastructure.

Ideally located just east of I-95, Hillsboro Center offers tenants structured parking, on-site management, an on-site café, and immediate access to a wide range of nearby restaurants, banks, hotels and retail, with connectivity to Boca Raton via the Dixie Highway overpass and Sawgrass Expressway access through SW 10th Street.

The Corradino Group was represented by Kathryn B. Gillespie of 15 Properties in the transaction and Wemlo was represented by Candy Yeung of REMAX Consultants Realty 1. Grover Corlew was represented by Joe Freitas, John Criddle, Max Pawk and Nicholas Mulligan of CBRE.

 

Savills Brokers 35K SF Lease In West Palm For Fintech Firm

Savills has successfully brokered a 35,000-square-foot office lease transaction at The Press Building, located at 2751 S. Dixie Highway in West Palm Beach, on behalf of MyBambu, a leading neobank fintech innovator.

The company’s new lease marks a substantial expansion of its South Florida footprint. This move also marks a significant milestone for both the fast-growing financial platform and the ongoing commercial development of West Palm Beach’s urban district. Savills Managing Director Michael Wernick, along with Senior Managing Directors Lawrence Epstein and David Browne, represented MyBambu in the transaction.

“This transaction is a strong endorsement for West Palm Beach’s commercial trajectory,” said Wernick. “We’re seeing sustained demand for premium-Class A workspace in the area, with The Press Building blending historic character and modern amenities in a prime location. MyBambu’s move underscores the market’s position as a rising hub attracting fintech and financial firms seeking quality, flexible office space.”

Founded with a mission to promote financial inclusion among underserved Latinos, MyBambu is a digital financial services platform offering a broad range of accessible, tech-driven tools tailored to meet the international financial needs of users. In addition to a bank account and a linked Visa® debit card, the mobile banking app facilitates money transfers to 18 Latin American countries, as well as domestic and peer-to-peer payments within these countries. It offers account features such as cash deposits at over 120,000 locations, no-cost cash deposits at selected ATMs, direct deposit and card spending. Additional services include credit-building “buy now, pay later” options, mobile recharges, gift cards, home supply deliveries to Cuba and Venezuela, as well as 24/7 telehealth and insurance benefits. With this new location, MyBambu is well-positioned to scale its operations in tandem with South Florida’s rapidly diversifying economy.

“The Press Building offers a unique combination of heritage and innovation highly valued by our team,” said Doug Quay, Founder and CEO of MyBambu. “As a reimagined landmark with open floor plates, high-end finishes, and integrated amenities, this space aligns perfectly with our brand’s vision and supports our continued growth while ideally positioning us in the heart of West Palm Beach’s vibrant ecosystem. This will enable us to further attract and retain top talent while scaling our platform and supporting our rapidly expanding customer base.”

The Press Building, a reimagined historic landmark, offers a blend of architectural character and cutting-edge office design. Originally home to The Palm Beach Post, the building has undergone a modern transformation, integrating flexible floor plans with high-end finishes and tenant-focused amenities. Its prominent location along South Dixie Highway also ensures exceptional visibility and connectivity to Downtown West Palm Beach, Palm Beach Island, and the broader South Florida region. Surrounded by upscale residential developments, curated retail, and an evolving culinary scene, The Press Building continues to anchor West Palm Beach’s emergence as a thriving live-work-play destination.

 

Newmark To Spearhead Office Leasing At One Park Place

Newmark has been retained as the exclusive leasing agent for One Park Place, a 237,331-square-foot office complex in Boca Raton.

The assignment follows the asset’s recent acquisition by Ontario-based investment firm AXIA GeoCapital, its first acquisition in Boca Raton. The Newmark team, led by Senior Managing Director Jeremy Hakala and including Managing Director Matt Himmelsbach and Director Brandon Shores, will lead leasing efforts on behalf of ownership.

“The market understands One Park Place has immense potential and we’re excited to be involved in its transformation,” said Hakala. “We welcomed this assignment based on our belief in AXIA GeoCapital and its vision for the property, which we feel aligns perfectly with the growing demand in Boca Raton.”

AXIA GeoCapital – the first new ownership at the property in 35 years – is implementing a full-scale repositioning of One Park Place, fueled by a $10 million capital investment aimed to realize its vision for a world-class office destination. Architectural firm HdA will design the project, which includes a remodeled façade, new drive port and entrance and 30,000 square feet of new amenities on the ground floor. The reinvestment signals a commitment to redefining the property’s identity, elevating both its physical environment and its role within the region’s evolving business landscape.

“One Park Place represents more than a milestone for our firm—it’s an opportunity to help shape the future of the live-work-play concept in Boca Raton,” said Nickolas Georghiades, Founder and Principal of AXIA GeoCapital. “This marks a turning point, and with meaningful capital and Newmark’s expertise, we’re committed to a thoughtful transformation that redefines its place in the market.”

Located at 621 Northwest 53rd Street, One Park Place comprises a seven-story office tower and an adjacent five-story parking facility at 601 Northwest 53rd Street, situated within the Park at Broken Sound development and offering immediate access to I-95, premier residential communities and retail destinations. The building features high-quality infrastructure, expansive floorplates and new planned onsite amenities including a professionally designed lobby, café, golf simulators, business theater, modern conference facilities and a furnished executive suite center.

 

Venture X Opens Newest Coworking Space In Boca Raton

Grover Corlew announced that Venture X, a premier coworking brand, has opened its newest location in South Florida at the reimagined Palmetto Central office campus in Boca Raton.

The 30,000-square-feet Venture X coworking space now occupies the entire top floor of 1489 W. Palmetto Park Road, a building that has been completely renovated. This renovation is part of a broader $60 million investment to transform the two-building Palmetto Central complex. The redesigned top floor features bright, modern interiors with full-height hurricane-impact windows and private balconies. Additional upgrades to the property include fully renovated common areas, a striking tiered water feature at the main entrance, and generous covered parking with EV charging stations.

“Venture X is a perfect fit for the Palmetto Central office campus, and we are thrilled to welcome them to the building,” said Mark Corlew, Partner at Grover Corlew. “We’ve invested significant resources into modernizing this space to offer businesses the best in design, amenities and location. The demand for Class A office space in Boca Raton is high, and Palmetto Central offers an unparalleled opportunity for businesses that are interested in relocating to the area.”

The Boca Raton Venture X location meets the region’s growing need for flexible workspaces, offering an upscale, collaborative environment for entrepreneurs, remote professionals, startups and established businesses alike.

“We are thrilled to bring the Venture X experience to Boca Raton and to be part of the revitalization of this iconic property,” Kevin Priddy, Managing Partner, Venture X. “This new location reflects our commitment to providing top tier coworking spaces that meet the needs of today’s professionals, with a focus on community and collaboration.”

The Palmetto Central complex is ideally located within close proximity to I-95, the Brightline station and upscale shopping and dining . Venture X joins UHealth Boca Raton, a University of Miami Health System clinic, which opened a 17,000-square-foot clinic in the same building in late 2024.

Venture X was represented by Derek Baker of Colliers, while Grover Corlew was represented by Joe Freitas, John Criddle and Max Pawk of CBRE.

 

Cushman & Wakefield Named Exclusive Leasing Agents For 7th, 8th Floors At The Oaklyn Campus

Cushman & Wakefield has been retained as the exclusive leasing agents for the 7th and 8th floors at 3101 N Federal Highway, a premier office opportunity located within The Oaklyn Campus in Oakland Park.

Cushman & Wakefield’s Donna Korn and Beau Ladwig will serve as the exclusive leasing agents on behalf of the landlord.

“The Oaklyn Campus represents a rare opportunity to secure premium office space within a true live-work-play destination,” said Korn. “The combination of luxury residential, vibrant retail and high-quality office product just one mile from the beach makes this a highly compelling location for today’s tenants.”

Positioned at the intersection of Federal Highway and Oakland Park Boulevard, one of the busiest in Broward County, the property offers ±16,000 square feet of contiguous, full-floor office space. With floor-to-ceiling windows and expansive views, the space provides tenants with a modern, light-filled work environment. Tenants also benefit from access to 660 parking spaces shared across the campus and visibility to more than 100,000 vehicles per day as well as a curated mix of on-site retail and wellness offerings, including Carrot Express, Bondi Sushi, La Birra Bar, Imperial Moto Café, Pure Barre and more—all within the Oaklyn Campus.

The Oaklyn Campus comprises 274 luxury apartments, 20,000 square feet of ground-floor retail and over 100,000 square feet of Class A office space. Its central location offers immediate access to restaurants, fitness studios and the beach.