Rents for Class A office space in Florida are up almost 10 percent over last year.
Cushman & Wakefield said in areport released last weekthat the average square foot of office space statewide was renting for $32.26. That’s a 9.5 percent increase over last year.
Not surprisingly, South Florida had some of the priciest commercial rental rates in the state. A square foot of office space rented for $42.71 in Miami-Dade County. It was $38.38 in Palm Beach County and $33.90 in Broward County.
The Interstate 4 corridor was a bit less. A square foot of office space rented for $26.16 in Tampa and $23.70 in Orlando.
A square foot of office space rented for $21.31 in Jacksonville.
00SFOBA STAFFhttps://dev.sfoba.com/wp-content/uploads/2026/08/SFOBA-logo-sharpened-transparent.pngSFOBA STAFF2016-12-18 20:09:142016-12-18 20:09:14Rents For Office Space In Florida Up Almost 10 Percent
CBRE Vice President Larry Genet has been exclusively engaged to market the Spectrum Technology Campus, located at 2050 Spectrum Boulevard in Fort Lauderdale.
Located within the Commercial Boulevard corridor at the corner of NW 44th Street and NW 21st Avenue, the ±128,830-square-foot, four-story, new-to-market Class “A” campus represents an exceptional opportunity for Corporate Headquarters users to occupy one of the most unique and dependable technologically-advanced campus in South Florida, with ±7:1000 RSF parking ratio. The property is expandable to ±188,830 SF with a ±60,000 RSF build-to-suit expansion.
Spectrum Technology Campus offers the ability to maintain continuous operations, 24/7/365 through utilization of the campus data bunker, generator, 10,000-gallon fuel tanks and 100% battery back-up/UPS system. The campus offers immediately available robust facilities with redundant power systems capable of providing sufficient power to maintain continuing campus operations without FP&L service, along with communication and operational support systems that are required to limit the operational risks associated with contingent and uncontrollable weather events.
A marketing flyer recently distributed indicated that “ownership is extremely progressive and deeply believes in creating a custom experience for its tenants while building long-term relationships” and “management is focused on providing enhanced Associate experiences, while also creating operational synergies and efficiencies for its tenants.”
The unique property is conveniently located close to I-95 on Commercial Blvd. and offers an on-site restaurant, work out center with locker rooms, 4 elevators, high-end upgrades, plug and play availability, incredible amounts of natural light, with multiple footprint options and expansion capabilities. With bus service at Spectrum Technology Campus and Tri-Rail within walking distance, Operational Team members and resources have transportation options from various locations within Miami-Dade, Broward and Palm Beach counties.
00SFOBA STAFFhttps://dev.sfoba.com/wp-content/uploads/2026/08/SFOBA-logo-sharpened-transparent.pngSFOBA STAFF2016-12-12 00:12:402016-12-12 00:12:40CBRE’s Larry Genet Tapped To Lead Leasing Efforts For New-To-Market Fort Lauderdale Office Campus
Xceligent has launched its full suite of building data and market analytics products into the South Florida market.
The company’s flagship research product provides access to building data and market analytics for a total of more than 1.9 billion square feet of commercial space in Miami-Dade, Palm Beach, and Broward Counties, according to a release.
The expansion into South Florida is the most recent of several market launches for Xceligent, including Tampa-Sarasota, Orlando, and Charlotte, as it continues an aggressive national expansion. The company is currently building the research necessary to launch the New York Tri-State region and Houston. Xceligent’s primary platform, supported by a team of proactive researchers, enables industry professionals to optimize their business operations by tapping into a trusted collection of listing intelligence, marketing tools, sales and lease comps, market trends, verified tenants and more.
“We are in the process of expanding our presence nationwide through an aggressive rollout of our full product suite in the largest markets,” Xceligent CEO Doug Curry said. “South Florida is one of the three largest CRE markets in the state – along with some of the nation’s most influential and innovative CRE professionals – and we believe that Xceligent will be instrumental in the market’s continued evolution.”
According to Curry, Xceligent is primed to fulfill a need in the South Florida marketplace, which desires a technological partner capable and willing to adapt its products to the evolving demands of commercial real estate professionals. For example, Xceligent is the first technology provider in the commercial real estate space to license its researched information to fellow technology companies and real estate organizations through an open-API platform. Among the early subscribers to the South Florida database are a number of highly respected firms, including CBRE, Colliers International, JLL, Newmark Grubb Knight Frank, Berger Commercial Realty, EWM Realty International – Alhambra, Fairchild Partners, Illustrated Properties, Infinity Commercial Real Estate, Michael Falk and Company, and more.
“For too long the industry has been dependent on a closed architecture, which means that users are limited in terms of accessing the latest innovations,” Curry said. “We’re looking to change that paradigm by introducing a next-generation platform that’s designed with an open architecture, enabling both users and organizations to seamlessly integrate Xceligent data with their own workflow tools.”
In order to ensure that its market information is meeting the varied needs of its users and is certified for accuracy, Xceligent has built a peer-nominated Advisory Board comprised of various key influencers throughout the South Florida commercial real estate industry.
“Xceligent has long been dedicated to serving as a partner not only to its users, but also to the broader CRE industry at-large, and South Florida is a market unlike any other,” said Danny Rice, Xceligent’s regional vice president of sales for Florida. “We have been working closely with the Advisory Board to verify that Xceligent addresses the unique needs of the industry professionals who are based or invest here.”
In addition to Xceligent CDX, Xceligent offers a number of other products, including Xceligent Spaceful, a digital tour-book experience that combines modern, fast and intuitive interfaces with researched property and listing information; CommercialSearch, a free property-listing marketplace that enables investors, tenants and brokers to find and market commercial properties; Xceligent Direct, a tool that automates, updates and improves the search and marketing functions of corporate websites; and Xceligent Market Direct, a service that provides verified sale and lease listings for local community organizations to share on their websites.
00SFOBA STAFFhttps://dev.sfoba.com/wp-content/uploads/2026/08/SFOBA-logo-sharpened-transparent.pngSFOBA STAFF2016-12-05 01:05:022016-12-05 01:05:02Xceligent Launches Its CRE Platform In South Florida
Berger Commercial Realty recently secured 20,580 square-feet in lease transactions on behalf of landlords in Broward and Palm Beach counties.
Harbor Walk
Senior Vice President Steve Hyatt represented Intervest Harbor Walk, LLC in leasing 4,360 square-feet of office space to AJT Media, Inc. at Harbor Walk, located at 1650 S.E. 17th Street in Fort Lauderdale.
Harbor Walk is a 60,360-square-foot, four-story office building featuring renovated and updated common areas, building signage opportunities, an onsite restaurant and a structured parking garage. The building is located along the 17th Street Causeway, a major corridor that runs from east to west and connects Fort Lauderdale International Airport, downtown Fort Lauderdale, Port Everglades, Fort Lauderdale Beach and more.
Merrill Industrial Center
Senior Vice President Judy Dolan represented Merrill Industrial Center, Inc. in leasing 4,071 square-feet of industrial space to Cleaner Equipment, Corp. at Merrill Industrial Center, located at 3400 S.W. 26th Street.
Situated on a 2.42-acre lot, the 134,132-square-foot warehouse park consists of three buildings and offers convenient access to I-95, I-595, Florida’s Turnpike, Fort Lauderdale International Airport and Port Everglades. Merrill Industrial Center features 20-foot clear height ceilings, dock and grade-level loading, ample parking, and close proximity to the Fort Lauderdale-Hollywood International Airport.
Sample Executive Center
Senior Vice President Keith Gravesand Senior Sales Associate Jonathan Thiel represented Sample Executive Center, LLC in leasing 3,368 square-feet of office space to International Preparatory School, Inc. at Sample Executive Center.
Located at 2001 W. Sample Road in Fort Lauderdale, Sample Executive Center is a 61,036-square-foot office building featuring ample parking, a glass front façade, lush landscaping and convenient access to Florida’s Turnpike and I-95.
Prospect Park II
Along with Graves and Thiel, Senior Vice President Joseph Byrnes represented AKF3 SF Light Industrial, LLC in leasing 3,186 square-feet of flex space to RCS Aviation, LLC at 3611 to 3375 N.W. 55th Street and 856 square-feet of flex space to Houston Gun Holsters, LLC at 3411 N.W. 55th Street in Prospect Park II.
Located between I-95 and Florida’s Turnpike at Commercial Boulevard, Prospect Park II is an 81,925-square-foot master-planned business park featuring ample parking, round-the-clock access and flexible floor plans for move-in ready office suites and flex bays with grade-level overhead doors. Renovated over the past two years, Prospect Park II consists of eight buildings with units ranging in size from 902 square-feet to 5,589 square-feet.
Executive Airport Business Center
Dolan and Thiel represented TCPH Broward, LLC in leasing 1,629 square-feet of office space to Smartwater CSI, LLC at Executive Airport Business Center, located at 5101 N.W. 21st Ave.
Executive Airport Business Center is a 73,130-square-foot, single-story office park featuring a diverse tenant mix of retail, business, medical, telecommunications and professional service industries. Situated on a six-acre lot just northeast of the Commercial Boulevard and Prospect Road intersection, Executive Airport Business Center offers close proximity to Fort Lauderdale Executive Airport, I-95 and Florida’s Turnpike.
Woolbright Professional Building
Sales Associate Robert Dabrowskirepresented Woolbright Properties & Investments, LLC in leasing 1,285 square-feet of office space to ODC Construction, LLC at the Woolbright Professional Building, located at 2240 W. Woolbright Road in Boynton Beach.
The 79,204-square-foot, class-A, four-story office building is within minutes of I-95 on the south side of W. Woolbright Road just east of Congress Avenue. The building offers abundant parking, round-the-clock access, onsite management and signage opportunities.
Cypress Creek Executive Court
Thiel also represented Rising Tide Development, LLC in leasing 969 square-feet of office space to Blue Ocean Advisory Partners, LLC at Cypress Creek Executive Court, located at 2700 W. Cypress Creek Road in Fort Lauderdale.
Cypress Creek Executive Court is a 70,287-square-foot office building offering frontage on Cypress Creek Road, round-the-clock access, plentiful parking and close proximity to I-95 and Florida’s Turnpike.
Delray Office Plaza
Dabrowski also represented Atlantic Avenue Properties & Investments, LLC in leasing 856 square-feet of office space to Horace Mann at the Delray Office Plaza in Delray Beach.
Located at 4731 W. Atlantic Ave., Delray Office Plaza is part of a three-building business park featuring lush courtyards, round-the-clock access, floor-to-ceiling glass and private entrances and bathrooms in each suite. The park is within minutes of downtown Delray Beach and offers convenient access to Florida’s Turnpike and I-95.
00SFOBA STAFFhttps://dev.sfoba.com/wp-content/uploads/2026/08/SFOBA-logo-sharpened-transparent.pngSFOBA STAFF2016-11-28 00:26:192016-11-28 00:26:19Berger Commercial Negotiates More Than 20,500 SF In Lease Transactions
Marcus & Millichap Senior Vice President and Institutional Property Advisors (IPA) Senior Director Douglas K. Mandel, along with National Office and Industrial Properties Group Associate Timothy P. Thomas negotiated the sale of 3010 North Military Trail, a 36,464-square-foot office building located in the affluent and thriving heart of Boca Raton, Florida.
Butters Acquisitions, LLC purchased the newly-renovated building for $4,600,000 from Numed Holdings, LLC, an entity managed by Todd Stephens. Stephens was one of sixteen defendants charged in September in federal court with participating in a massive insurance fraud scheme including pharmaceutical drugs and illegal kickbacks, according to U.S. officials.
“The 3010 North Military Trail property provides Butters Acquisitions LLC with a unique opportunity to own a prospective corporate headquarter facility or a value-add investment within one of the most dynamic and resilient submarkets in South Florida, at a price well-below replacement cost,” commented Mandel.
The three-story building, situated on a 2.11-acre site between Glades Road, Yamato Road and Interstate 95 (I-95), was vacant at the time of the sale.
Mandel and Thomas represented both parties in the transaction.
The deal, which was finalized November 4, brings Mandel+Partners’ number of closed transactions this year to 33 valued at more than $315 million.
00SFOBA STAFFhttps://dev.sfoba.com/wp-content/uploads/2026/08/SFOBA-logo-sharpened-transparent.pngSFOBA STAFF2016-11-13 21:23:142016-11-13 21:23:14Douglas K. Mandel, Timothy P. Thomas Negotiate Sale Of Class A Office Property In Boca Raton
An affiliate of Stiles Corp. paid $13.1 million for a Bank of America drive-thru facility in downtown Fort Lauderdale, a property that could be primed for redevelopment.
The bank sold the 1.45-acre site at 212 S.E. 2nd Ave. — a block north of Las Olas Boulevard — to 212 Partners LLC, an affiliate of Fort Lauderdale-based Stiles Corp.
The 2,797-square-foot financial facility was built in 1983.
Stiles Corp. has developed many office buildings and residential towers in downtown Fort Lauderdale. In a recent feature story on his company, founder and co-CEO Terry Stiles told the Business Journal that he’d like to build a 300,000-square-foot office tower in downtown Fort Lauderdale and the Bank of America drive-thru teller site was one of the possible locations for that project. He’s also exploring putting the office building at the Broward College downtown campus – right next to the drive-thru – as Stiles Corp. is one of three parties in an ongoing request for proposals process with the college to redevelop that site.
So with the acquisition from Bank of America, Stiles Corp. can tell BC that it would have an even larger property to develop if it wins the bidding.
Stiles Corp. Vice Chairman Doug Eagon said it has been trying to acquire the Bank of America property since 2008 and the bank finally put it on the market. He said the property would have the office tower, or be used in combination with the college site – should Stiles be selected – build office and other uses. Stiles will now start approaching prospective office tenants, he added.
“We believe in the downtown office market,” Eagon said. “We think that this is the time to be planning for the development of the next office building downtown…Vacancies have declined over the last few years. We understand what tenants might want to come downtown. We understand the tenants with expansion needs.”
Rents For Office Space In Florida Up Almost 10 Percent
/in News/by SFOBA STAFFRents for Class A office space in Florida are up almost 10 percent over last year.
Cushman & Wakefield said in a report released last week that the average square foot of office space statewide was renting for $32.26. That’s a 9.5 percent increase over last year.
Not surprisingly, South Florida had some of the priciest commercial rental rates in the state. A square foot of office space rented for $42.71 in Miami-Dade County. It was $38.38 in Palm Beach County and $33.90 in Broward County.
The Interstate 4 corridor was a bit less. A square foot of office space rented for $26.16 in Tampa and $23.70 in Orlando.
A square foot of office space rented for $21.31 in Jacksonville.
Source: Miami Herald
CBRE’s Larry Genet Tapped To Lead Leasing Efforts For New-To-Market Fort Lauderdale Office Campus
/in News/by SFOBA STAFFCBRE Vice President Larry Genet has been exclusively engaged to market the Spectrum Technology Campus, located at 2050 Spectrum Boulevard in Fort Lauderdale.
Located within the Commercial Boulevard corridor at the corner of NW 44th Street and NW 21st Avenue, the ±128,830-square-foot, four-story, new-to-market Class “A” campus represents an exceptional opportunity for Corporate Headquarters users to occupy one of the most unique and dependable technologically-advanced campus in South Florida, with ±7:1000 RSF parking ratio. The property is expandable to ±188,830 SF with a ±60,000 RSF build-to-suit expansion.
Spectrum Technology Campus offers the ability to maintain continuous operations, 24/7/365 through utilization of the campus data bunker, generator, 10,000-gallon fuel tanks and 100% battery back-up/UPS system. The campus offers immediately available robust facilities with redundant power systems capable of providing sufficient power to maintain continuing campus operations without FP&L service, along with communication and operational support systems that are required to limit the operational risks associated with contingent and uncontrollable weather events.
A mar
keting flyer recently distributed indicated that “ownership is extremely progressive and deeply believes in creating a custom experience for its tenants while building long-term relationships” and “management is focused on providing enhanced Associate experiences, while also creating operational synergies and efficiencies for its tenants.”
The unique property is conveniently located close to I-95 on Commercial Blvd. and offers an on-site restaurant, work out center with locker rooms, 4 elevators, high-end upgrades, plug and play availability, incredible amounts of natural light, with multiple footprint options and expansion capabilities. With bus service at Spectrum Technology Campus and Tri-Rail within walking distance, Operational Team members and resources have transportation options from various locations within Miami-Dade, Broward and Palm Beach counties.
Xceligent Launches Its CRE Platform In South Florida
/in News/by SFOBA STAFFXceligent has launched its full suite of building data and market analytics products into the South Florida market.
The company’s flagship research product provides access to building data and market analytics for a total of more than 1.9 billion square feet of commercial space in Miami-Dade, Palm Beach, and Broward Counties, according to a release.
The expansion into South Florida is the most recent of several market launches for Xceligent, including Tampa-Sarasota, Orlando, and Charlotte, as it continues an aggressive national expansion. The company is currently building the research necessary to launch the New York Tri-State region and Houston. Xceligent’s primary platform, supported by a team of proactive researchers, enables industry professionals to optimize their business operations by tapping into a trusted collection of listing intelligence, marketing tools, sales and lease comps, market trends, verified tenants and more.
According to Curry, Xceligent is primed to fulfill a need in the South Florida marketplace, which desires a technological partner capable and willing to adapt its products to the evolving demands of commercial real estate professionals. For example, Xceligent is the first technology provider in the commercial real estate space to license its researched information to fellow technology companies and real estate organizations through an open-API platform. Among the early subscribers to the South Florida database are a number of highly respected firms, including CBRE, Colliers International, JLL, Newmark Grubb Knight Frank, Berger Commercial Realty, EWM Realty International – Alhambra, Fairchild Partners, Illustrated Properties, Infinity Commercial Real Estate, Michael Falk and Company, and more.
In order to ensure that its market information is meeting the varied needs of its users and is certified for accuracy, Xceligent has built a peer-nominated Advisory Board comprised of various key influencers throughout the South Florida commercial real estate industry.
In addition to Xceligent CDX, Xceligent offers a number of other products, including Xceligent Spaceful, a digital tour-book experience that combines modern, fast and intuitive interfaces with researched property and listing information; CommercialSearch, a free property-listing marketplace that enables investors, tenants and brokers to find and market commercial properties; Xceligent Direct, a tool that automates, updates and improves the search and marketing functions of corporate websites; and Xceligent Market Direct, a service that provides verified sale and lease listings for local community organizations to share on their websites.
Berger Commercial Negotiates More Than 20,500 SF In Lease Transactions
/in Done Deals, News/by SFOBA STAFFBerger Commercial Realty recently secured 20,580 square-feet in lease transactions on behalf of landlords in Broward and Palm Beach counties.
Harbor Walk
Senior Vice President Steve Hyatt represented Intervest Harbor Walk, LLC in leasing 4,360 square-feet of office space to AJT Media, Inc. at Harbor Walk, located at 1650 S.E. 17th Street in Fort Lauderdale.
Harbor Walk is a 60,360-square-foot, four-story office building featuring renovated and updated common areas, building signage opportunities, an onsite restaurant and a structured parking garage. The building is located along the 17th Street Causeway, a major corridor that runs from east to west and connects Fort Lauderdale International Airport, downtown Fort Lauderdale, Port Everglades, Fort Lauderdale Beach and more.
Merrill Industrial Center
Senior Vice President Judy Dolan represented Merrill Industrial Center, Inc. in leasing 4,071 square-feet of industrial space to Cleaner Equipment, Corp. at Merrill Industrial Center, located at 3400 S.W. 26th Street.
Situated on a 2.42-acre lot, the 134,132-square-foot warehouse park consists of three buildings and offers convenient access to I-95, I-595, Florida’s Turnpike, Fort Lauderdale International Airport and Port Everglades. Merrill Industrial Center features 20-foot clear height ceilings, dock and grade-level loading, ample parking, and close proximity to the Fort Lauderdale-Hollywood International Airport.
Sample Executive Center
Senior Vice President Keith Graves and Senior Sales Associate Jonathan Thiel represented Sample Executive Center, LLC in leasing 3,368 square-feet of office space to International Preparatory School, Inc. at Sample Executive Center.
Located at 2001 W. Sample Road in Fort Lauderdale, Sample Executive Center is a 61,036-square-foot office building featuring ample parking, a glass front façade, lush landscaping and convenient access to Florida’s Turnpike and I-95.
Prospect Park II
Along with Graves and Thiel, Senior Vice President Joseph Byrnes represented AKF3 SF Light Industrial, LLC in leasing 3,186 square-feet of flex space to RCS Aviation, LLC at 3611 to 3375 N.W. 55th Street and 856 square-feet of flex space to Houston Gun Holsters, LLC at 3411 N.W. 55th Street in Prospect Park II.
Located between I-95 and Florida’s Turnpike at Commercial Boulevard, Prospect Park II is an 81,925-square-foot master-planned business park featuring ample parking, round-the-clock access and flexible floor plans for move-in ready office suites and flex bays with grade-level overhead doors. Renovated over the past two years, Prospect Park II consists of eight buildings with units ranging in size from 902 square-feet to 5,589 square-feet.
Executive Airport Business Center
Dolan and Thiel represented TCPH Broward, LLC in leasing 1,629 square-feet of office space to Smartwater CSI, LLC at Executive Airport Business Center, located at 5101 N.W. 21st Ave.
Executive Airport Business Center is a 73,130-square-foot, single-story office park featuring a diverse tenant mix of retail, business, medical, telecommunications and professional service industries. Situated on a six-acre lot just northeast of the Commercial Boulevard and Prospect Road intersection, Executive Airport Business Center offers close proximity to Fort Lauderdale Executive Airport, I-95 and Florida’s Turnpike.
Woolbright Professional Building
Sales Associate Robert Dabrowski represented Woolbright Properties & Investments, LLC in leasing 1,285 square-feet of office space to ODC Construction, LLC at the Woolbright Professional Building, located at 2240 W. Woolbright Road in Boynton Beach.
The 79,204-square-foot, class-A, four-story office building is within minutes of I-95 on the south side of W. Woolbright Road just east of Congress Avenue. The building offers abundant parking, round-the-clock access, onsite management and signage opportunities.
Cypress Creek Executive Court
Thiel also represented Rising Tide Development, LLC in leasing 969 square-feet of office space to Blue Ocean Advisory Partners, LLC at Cypress Creek Executive Court, located at 2700 W. Cypress Creek Road in Fort Lauderdale.
Cypress Creek Executive Court is a 70,287-square-foot office building offering frontage on Cypress Creek Road, round-the-clock access, plentiful parking and close proximity to I-95 and Florida’s Turnpike.
Delray Office Plaza
Dabrowski also represented Atlantic Avenue Properties & Investments, LLC in leasing 856 square-feet of office space to Horace Mann at the Delray Office Plaza in Delray Beach.
Located at 4731 W. Atlantic Ave., Delray Office Plaza is part of a three-building business park featuring lush courtyards, round-the-clock access, floor-to-ceiling glass and private entrances and bathrooms in each suite. The park is within minutes of downtown Delray Beach and offers convenient access to Florida’s Turnpike and I-95.
Douglas K. Mandel, Timothy P. Thomas Negotiate Sale Of Class A Office Property In Boca Raton
/in Done Deals, News/by SFOBA STAFFButters Acquisitions, LLC purchased the newly-renovated building for $4,600,000 from Numed Holdings, LLC, an entity managed by Todd Stephens. Stephens was one of sixteen defendants charged in September in federal court with participating in a massive insurance fraud scheme including pharmaceutical drugs and illegal kickbacks, according to U.S. officials.
The three-story building, situated on a 2.11-acre site between Glades Road, Yamato Road and Interstate 95 (I-95), was vacant at the time of the sale.
Mandel and Thomas represented both parties in the transaction.
The deal, which was finalized November 4, brings Mandel+Partners’ number of closed transactions this year to 33 valued at more than $315 million.
Stiles Purchases Downtown Fort Lauderdale Property
/in Done Deals, News/by SFOBA STAFFAn affiliate of Stiles Corp. paid $13.1 million for a Bank of America drive-thru facility in downtown Fort Lauderdale, a property that could be primed for redevelopment.
The bank sold the 1.45-acre site at 212 S.E. 2nd Ave. — a block north of Las Olas Boulevard — to 212 Partners LLC, an affiliate of Fort Lauderdale-based Stiles Corp.
The 2,797-square-foot financial facility was built in 1983.
Stiles Corp. has developed many office buildings and residential towers in downtown Fort Lauderdale. In a recent feature story on his company, founder and co-CEO Terry Stiles told the Business Journal that he’d like to build a 300,000-square-foot office tower in downtown Fort Lauderdale and the Bank of America drive-thru teller site was one of the possible locations for that project. He’s also exploring putting the office building at the Broward College downtown campus – right next to the drive-thru – as Stiles Corp. is one of three parties in an ongoing request for proposals process with the college to redevelop that site.
So with the acquisition from Bank of America, Stiles Corp. can tell BC that it would have an even larger property to develop if it wins the bidding.
Stiles Corp. Vice Chairman Doug Eagon said it has been trying to acquire the Bank of America property since 2008 and the bank finally put it on the market. He said the property would have the office tower, or be used in combination with the college site – should Stiles be selected – build office and other uses. Stiles will now start approaching prospective office tenants, he added.
Source: SFBJ