Cushman & Wakefield has negotiated a new, 77,000-square-foot lease with Hayes Medical Staffing, a national staffing and recruiting agency for healthcare employers, at Cypress Financial Center in Fort Lauderdale. The Class A space at 5900 N. Andrews Ave. will serve as the company’s corporate headquarters.
Cushman & Wakefield Executive Director Travis Herring and Director Katherine Ridgway represented the landlord, Miami-based Steelbridge, in the lease negotiations. Mitchell Millowitz with Newmark Knight Frank represented the tenant.
Hayes Medical Staffing has approximately 185 employees and recently announced it will add 250 new jobs to the area. The company will take occupancy of its new space in Q4 2019, joining such notable tenants as TD Bank, City National Bank and Altadis.
Cypress Financial Center is the only Class A office building in South Florida that sits adjacent to the region’s primary artery, Interstate 95. Hayes Medical Staffing will gain unparalleled visibility from the highway with top-of-building signage.
Further, an exclusive I-95 on-ramp adds convenience and accessibility throughout the tri-county area. The location also provides convenience to Cypress Creek Tri-Rail station. Other amenities include an attached parking garage, onsite security and property management, a café that serves breakfast and lunch, and weekly car wash service.
Additionally, the property recently completed an extensive capital improvement program, which included elegant renovations to the lobby, common areas, elevators and restrooms, as well as new landscaping, new monument and directional signage throughout the property and new exterior lighting.
“Between the unparalleled accessibility along I-95, nearby amenities and the recent renovations made by Steelbridge, Cypress Financial Center is one of the premier office locations for major corporations and employers in South Florida,” said Herring. “This is evidenced in the property’s continued ability to attract top-tier tenants such as Hayes Medical Staffing.”
CBRE has arranged the sale of One Financial Plaza in Ft. Lauderdale.
The 282,883-square-foot office tower is located at 100 Southeast 3rd Avenue, just steps from the heart of Downtown Fort Lauderdale’s Las Olas District.
Alliance Partners HSP purchased the fully renovated office tower for $117 million.
The property recently underwent a comprehensive $8 million renovation including a new lobby, security desk, fitness center, conference center, upgrades to elevator landings and restrooms, and elevator modernization. A $2 million overhaul to the exterior of the building is on-going including the relocation of the primary building entrance to the eastern side of the building along Financial Plaza Drive, expanding the exterior facade to increase the lobby area and add 2,500 square feet of new retail space, enhanced building signage above the lobby entrance, and installing new pavers and sidewalks along the entire length of Financial Plaza Drive.
“One Financial Plaza has been among the most desirable office buildings in the CBD,” said John Osborne, Senior Vice President at Crocker Partners. “With the recent capital improvements that position is enhanced for the long-term.”
CBRE Capital Markets Vice Chairman Christian Lee and Executive Vice President José Lobón facilitated the sale on behalf of Crocker Partners.
“One Financial Plaza features a highly attractive core-plus business plan, providing strong in-place cash flows while offering significant upside potential. The largest tenants at the Property, leasing at least a whole floor, feature 7.8 years of weighted average lease term, while near-term upside is afforded via the lease-up of 26,861 sq. ft. of currently vacant space and the roll-to-market of 82,011 SF of leases expiring over the first 5 years.” explained Lobón.
“The exterior renovations and the to-be-constructed multi-family will dramatically improve the sense of arrival and overall appeal of One Financial Plaza,” added Lee.
The CBRE Capital Markets team also included Senior Vice President Amy Julian, with CBRE’s Debt & Structured Finance, and Senior Financial Analyst Andrew Chilgren.
A four-story office building in Fort Lauderdale, just south of downtown, sold for $16.25 million.
Ocita Properties, managed by Richard Kronrad and Martin Sutker in Hollywood, sold the 65,643-square-foot office building to 501 S. Andrews Avenue LLC, managed by Miami attorney Steven A. Landy.
The price equated to $248 per square foot.
The office building was developed on the 1.65-acre site in 1970.
The Kroger Co., the largest grocer by revenue in the U.S., has leased 43,000 square feet of office space at the Boca Raton Innovation Campus at 4800-5002 T-Rex Avenue in Boca Raton.
The company will move its office from 5400 Broken Sound Blvd. Northwest into BRIC’s 4700 building. The new office is about the same size, but it will have a more efficient layout with a large contiguous space, landlord Crocker Partners said.
Crocker Partners and Rialto Capital Management paid $179.3 million for the sprawling tech office complex, marking the biggest office sale in the tri-county region at that time since 2016. The 1.68-million-square-foot office park sits on 123 acres in Boca Raton near I-95. It was developed in the late 1960s and early 1970s by IBM as its North American Research and Development facility. IBM closed it in 1996.
The main function of the office is digital operations.
Mitchell Millowitz of Newmark Knight Frank (NKF) represented Kroger in the lease. Crocker was represented by VP Danielle Vennett and CBRE’s Jeff Kelly.
Transwestern Commercial Services (TCS) announced that United National Consumer Suppliers (UNCS) has moved its headquarters into a 10,000-square-foot, built-to-suit space taking the entire second floor at 1501 NE 26th St. in the Wilton Manors area of Fort Lauderdale.
Transwestern Managing Director Glenn Gregory and Executive Managing Director Ben Eisenberg represented UNCS, a leading wholesale distributor that sources products worldwide for strategic consumer market placement, during the transaction.
“UNCS’ had outgrown its previous location, and it was critically important for its new space to represent the company’s culture,” said Gregory. “The expansion supports the needs of the growing business while creating an environment that fosters innovation and collaboration.”
For the past 17 years, UNCS has been a fixture in the Fort Lauderdale business community in which it grew from an entrepreneurial startup to a corporation ranked on the prestigious INC. 5000 list. UNCS counts as clients leading retail brands, including Amazon resellers, Target, Ross, Costco, Macy’s, Walgreens, and TJ Maxx.
“We plan to strategically grow our team by 40% and have positions open in all of our departments,” said Brett Rose, Chief Executive Officer of UNCS. “It was important for us to continue our growth in Fort Lauderdale and provide employment opportunities for local talent. Timing for our move into a space that could accommodate our company growth trajectory could not have been more perfect.”
00SFOBA STAFFhttps://dev.sfoba.com/wp-content/uploads/2026/08/SFOBA-logo-sharpened-transparent.pngSFOBA STAFF2019-09-15 22:55:372019-09-15 22:55:37Leading Global Wholesale Distributor Relocates, Expands HQ In Fort Lauderdale
Avison Young negotiated the lease expansion and extension for a healthcare company which will take 29,219 square feet long-term at North 40, an office complex in the Park at Broken Sound spanning two buildings and 352,043 rentable square feet.
The company is expanding its space by 7,599 square feet within the building at 901 Yamato Road in Boca Raton.
“The tenant is expanding to accommodate the relocation of another department to its corporate location at North 40,” said Avison Young Principal Mark Rubin. “Offering synergistic tenancy and a convenient location, North 40 continues to be home to many corporate and regional headquarters.”
Rubin represented the tenant and Principals Keith O’Donnell and Gary Gottlieb represented the landlord, PG Mainstreet North Forty, LLC, during the lease transaction.
Ownership acquired North 40 for $68.35 million, the largest sale transaction in Palm Beach County during first quarter 2019. Avison Young has been the exclusive leasing agency for the asset since 2014.
“We were awarded the North 40 leasing assignment at 47 percent occupancy and quickly leased up the complex and maintained an above-market occupancy rate which is currently at 90 percent,” said O’Donnell. “The latest transaction represents strong tenant demand in Boca Raton which continues to be one of South Florida’s hottest office markets.”
In addition to direct access to Interstate 95 from Yamato Road, North 40 boasts an efficient floor design, collaborative meeting areas, a conference center, and a fitness center.
00SFOBA STAFFhttps://dev.sfoba.com/wp-content/uploads/2026/08/SFOBA-logo-sharpened-transparent.pngSFOBA STAFF2019-08-18 20:39:262019-08-18 20:39:26Healthcare Company Expands, Inks Deal For 29,000 SF
Cushman & Wakefield Arranges 77,000 SF HQ Lease
/in Done Deals, News/by SFOBA STAFFCushman & Wakefield has negotiated a new, 77,000-square-foot lease with Hayes Medical Staffing, a national staffing and recruiting agency for healthcare employers, at Cypress Financial Center in Fort Lauderdale. The Class A space at 5900 N. Andrews Ave. will serve as the company’s corporate headquarters.
Cushman & Wakefield Executive Director Travis Herring and Director Katherine Ridgway represented the landlord, Miami-based Steelbridge, in the lease negotiations. Mitchell Millowitz with Newmark Knight Frank represented the tenant.
Hayes Medical Staffing has approximately 185 employees and recently announced it will add 250 new jobs to the area. The company will take occupancy of its new space in Q4 2019, joining such notable tenants as TD Bank, City National Bank and Altadis.
Cypress Financial Center is the only Class A office building in South Florida that sits adjacent to the region’s primary artery, Interstate 95. Hayes Medical Staffing will gain unparalleled visibility from the highway with top-of-building signage.
Further, an exclusive I-95 on-ramp adds convenience and accessibility throughout the tri-county area. The location also provides convenience to Cypress Creek Tri-Rail station. Other amenities include an attached parking garage, onsite security and property management, a café that serves breakfast and lunch, and weekly car wash service.
Additionally, the property recently completed an extensive capital improvement program, which included elegant renovations to the lobby, common areas, elevators and restrooms, as well as new landscaping, new monument and directional signage throughout the property and new exterior lighting.
Fort Lauderdale Office Tower Fetches $117 Million
/in Done Deals, News/by SFOBA STAFFCBRE has arranged the sale of One Financial Plaza in Ft. Lauderdale.
The 282,883-square-foot office tower is located at 100 Southeast 3rd Avenue, just steps from the heart of Downtown Fort Lauderdale’s Las Olas District.
Alliance Partners HSP purchased the fully renovated office tower for $117 million.
The property recently underwent a comprehensive $8 million renovation including a new lobby, security desk, fitness center, conference center, upgrades to elevator landings and restrooms, and elevator modernization. A $2 million overhaul to the exterior of the building is on-going including the relocation of the primary building entrance to the eastern side of the building along Financial Plaza Drive, expanding the exterior facade to increase the lobby area and add 2,500 square feet of new retail space, enhanced building signage above the lobby entrance, and installing new pavers and sidewalks along the entire length of Financial Plaza Drive.
CBRE Capital Markets Vice Chairman Christian Lee and Executive Vice President José Lobón facilitated the sale on behalf of Crocker Partners.
The CBRE Capital Markets team also included Senior Vice President Amy Julian, with CBRE’s Debt & Structured Finance, and Senior Financial Analyst Andrew Chilgren.
Fort Lauderdale Office Building Sells For $248 PSF
/in Done Deals, News/by SFOBA STAFFA four-story office building in Fort Lauderdale, just south of downtown, sold for $16.25 million.
Ocita Properties, managed by Richard Kronrad and Martin Sutker in Hollywood, sold the 65,643-square-foot office building to 501 S. Andrews Avenue LLC, managed by Miami attorney Steven A. Landy.
The price equated to $248 per square foot.
The office building was developed on the 1.65-acre site in 1970.
Source: News Break
Kroger Relocates, Inks Whopping 43,000 SF Office Lease
/in Done Deals, News/by SFOBA STAFFThe Kroger Co., the largest grocer by revenue in the U.S., has leased 43,000 square feet of office space at the Boca Raton Innovation Campus at 4800-5002 T-Rex Avenue in Boca Raton.
The company will move its office from 5400 Broken Sound Blvd. Northwest into BRIC’s 4700 building. The new office is about the same size, but it will have a more efficient layout with a large contiguous space, landlord Crocker Partners said.
Crocker Partners and Rialto Capital Management paid $179.3 million for the sprawling tech office complex, marking the biggest office sale in the tri-county region at that time since 2016. The 1.68-million-square-foot office park sits on 123 acres in Boca Raton near I-95. It was developed in the late 1960s and early 1970s by IBM as its North American Research and Development facility. IBM closed it in 1996.
The main function of the office is digital operations.
Mitchell Millowitz of Newmark Knight Frank (NKF) represented Kroger in the lease. Crocker was represented by VP Danielle Vennett and CBRE’s Jeff Kelly.
Source: SFBJ
Leading Global Wholesale Distributor Relocates, Expands HQ In Fort Lauderdale
/in Done Deals, News/by SFOBA STAFFTranswestern Commercial Services (TCS) announced that United National Consumer Suppliers (UNCS) has moved its headquarters into a 10,000-square-foot, built-to-suit space taking the entire second floor at 1501 NE 26th St. in the Wilton Manors area of Fort Lauderdale.
Transwestern Managing Director Glenn Gregory and Executive Managing Director Ben Eisenberg represented UNCS, a leading wholesale distributor that sources products worldwide for strategic consumer market placement, during the transaction.
For the past 17 years, UNCS has been a fixture in the Fort Lauderdale business community in which it grew from an entrepreneurial startup to a corporation ranked on the prestigious INC. 5000 list. UNCS counts as clients leading retail brands, including Amazon resellers, Target, Ross, Costco, Macy’s, Walgreens, and TJ Maxx.
Healthcare Company Expands, Inks Deal For 29,000 SF
/in Done Deals, News/by SFOBA STAFFAvison Young negotiated the lease expansion and extension for a healthcare company which will take 29,219 square feet long-term at North 40, an office complex in the Park at Broken Sound spanning two buildings and 352,043 rentable square feet.
The company is expanding its space by 7,599 square feet within the building at 901 Yamato Road in Boca Raton.
Rubin represented the tenant and Principals Keith O’Donnell and Gary Gottlieb represented the landlord, PG Mainstreet North Forty, LLC, during the lease transaction.
Ownership acquired North 40 for $68.35 million, the largest sale transaction in Palm Beach County during first quarter 2019. Avison Young has been the exclusive leasing agency for the asset since 2014.
In addition to direct access to Interstate 95 from Yamato Road, North 40 boasts an efficient floor design, collaborative meeting areas, a conference center, and a fitness center.