Are You A Member Of SFOBA?

The prime objective of the South Florida Office Brokers Association (SFOBA) is to give members 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, as well as 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  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.

 

 

 

3 Sales In 30 Days Within 3 Miles

Bonvie Realty closed on three properties within three miles of each other in Fort Lauderdale within the past month.

The buildings are all due to be renovated under their new ownership.

The office buildings are older and have needed major renovations for some time. Each of the three buildings will have the renovation project started before the end of the year under the new owners, though completion dates have not been announced.

TFRE Holdings, Inc. acquired the two-story, 11,609-square-foot retail building at 5130 N. Federal Highway from KAS Partners LLC for $1.03 million, or about $88 per square foot. Rick Bonvie with Bonvie Realty represented both the buyer and seller in the sale.

Bonvie Realty represented the buyer, Steven D’ Apuzzo LLC on the acquisition of 2755 E. Oakland Park Blvd., while Keith Kidwell with Sperry Van Ness represented the seller, Cheiftain Holdings LP. The three-story, 20,961-square-foot office building sold for $1.8 million, or about $87 per square foot.

And most recently, 4331 N. Federal LLC purchased the Monaco Building, a 19,091-square-foot office building located at 4331 N. Federal Hwy., from Mayjus LLC for over $1.5 million, or about $83 per square foot. Rick Bonvie with Bonvie Realty represented the seller, while Kenneth Weston Healthcare represented the buyer.

 

Source:  CoStar

Matthew Hornick Joins Pointe Group Advisors

Miami-based Pointe Group Advisors today announced that Matthew Hornick has joined as a leasing associate in the firm’s West Palm Beach office.

Hornick is a commercial real estate veteran with more than 20 years of experience. In his new role, he will be responsible for leasing in The Forum office building in West Palm Beach adjacent to the new Palm Beach Outlets, and will actively work to grow Pointe Group’s market presence.

Prior to joining Pointe Group Advisors, Hornick worked as a Corporate Real Estate Advisor for KLM Dutch Airways and Air France in Amsterdam and as an Asset Manager for American Ventures Realty in Miami. Most recently, he served as an Asset Manager and Managing Partner at CMJ/Tempest Associates.

“We are delighted to welcome Matthew to our growing brokerage team at Pointe Group Advisors as our firm continues to expand our West Palm Beach footprint,” said William Holly, president of Pointe Group Advisors. “His extensive commercial real estate experience makes him a significant asset to the firm and to our clients.”

A South Florida native, Hornick graduated from the University of Miami with a bachelor’s of business administration degree in real estate development.

Pointe Group Advisors has offices in Miami, Fort Lauderdale, Palm Beach, Sarasota and Tampa, with five million square feet of commercial space under management and leasing. The firm won the 2013 ‘The Outstanding Building of the Year’ (TOBY) International Award in the category of office buildings under 100,000 square feet by the Building Owners and Managers Association (BOMA) International. The building award was the first in Fort Lauderdale and the Palm Beaches to win at the international level since the inception of the TOBY awards in 1985.

 

Colliers Expands West Palm Beach Office

Colliers International South Florida is pleased to announce that Edward Lyons, CRE has joined the firm as Senior Advisor in the newly expanded West Palm Beach office.

Ed is known as an accomplished senior executive and consultant with strong capabilities in operational leadership, strategic planning, market and sales development, and mergers and acquisitions in the commercial real estate industry. His track record spans more than 30 years in business development, both domestic and international, with expertise in structuring and growing companies to maximize opportunity through the integration of real estate services.

“I hope to bring great value to Colliers and its clients, through the knowledge and experience gained, and the many institutional and corporate client relationships that I have had the privilege of building, over the last 30 years in the industry,” says Ed.

Throughout a storied career, he has earned the reputation of a trusted advisor, cultivating long-term relationships at executive levels in many organizations. He is a member of CoreNetGlobal and the North Palm Beach Chamber of Commerce. Ed holds the prestigious designation of CRE, a credential that is awarded only to those individuals who are invited by their peers into the membership of The Counselors of Real Estate.

“Ed’s perspective as a global real estate leader provides our clients with unique insights and options,” says Stephen Nostrand, CEO of Colliers International South Florida. “He has demonstrated that strategically executed plans result in more sustainable benefits.”

Prior to joining Colliers, Ed founded AnBro Associates in 2002. As part of his work at AnBro, Ed delivered consulting and interim management support to CoreNet Global, the world’s leading association for corporate real estate executives. He served as their Chief External Affairs Officer with responsibility for relationship management with real estate service providers and large corporate real estate entities around the globe. Ed has also held executive management positions in the U.S. and the United Kingdom at TrammellCrow Company, The Koll Company and CBRE.  Ed attended the University of Colorado where he studied economics and business

New Office Building Coming To Broward & Fed

Currently under construction just north of the intersection of Broward Boulevard and Federal Highway, office building 105 North Federal is planning to open this winter.

Adache Group Architects designed the 36,216-square-foot contemporary building with large angled glass features. Wood and metal paneling covers the exterior bringing different textures along with the glass. The prominent geometrical lines provide a new visual element that’s not seen around the gradually urbanizing area, where things are decidedly more… subdued.

105 North Federal takes residence on the south side of the up-and-coming Flagler Village, Lauderdale’s hip and pedestrian-centric enclave, and it is just a block from the massive 721-unit new rental property, Henry Square, which is scheduled to open this summer.

 

Source: Curbed

JLL Grows Broward Office Team

JLL announced the addition of Chase Kulp as Associate Broker in the firm’s Fort Lauderdale corporate office to specialize in office agency brokerage.

In his role, Kulp will work closely with JLL Senior Vice President Sandra Andersen in completing office real estate leasing transactions and offering landlord and tenant representation services.

“As the firm continues to grow, the addition of Chase is an asset to our team, as he has experience in the local public sector and commercial real estate industry,” said JLL South Florida Managing Director Steven Medwin. “The company will offer the tools for Chase to continue to hone his skills and gain further experience and expertise to build his career at JLL.”

Before joining JLL, Kulp held the position of Business Development Assistant at the Greater Fort Lauderdale Alliance, Broward’s official public-private partnership for economic development. In this capacity, he worked on business development projects and the management of real estate and geographic information databases and built relationships with both local business leaders and government officials in Broward County. He has also previously worked for members of the US Congress in Washington, D.C. and more recently on a Florida US Senate campaign in 2012.

He earned a Bachelor of Science and a Bachelor of Arts from Florida Atlantic University in Boca Raton. Kulp currently has a Florida Real Estate Sales Associate License and will be pursuing a broker’s license in the near future. He is on the board of Emerge Broward, a program of the Leadership Broward Foundation, serves on the board of the Greater Fort Lauderdale Chamber of Commerce’s Young Professionals Committee, NAIOP’s Developing Leaders Committee, and Urban Land Institute’s Young Leaders Group.