As part of its continued strategic South Florida growth and expansion plans, Cresa announced it has appointed Stephanie Katona as Regional Business Manager.
Prior to joining Cresa, Ms. Katona had been with Cushman & Wakefield for seven years in the firm’s Midtown Manhattan world headquarters. During her seven year tenure at Cushamn & Wakefield, Ms. Katona was instrumental in the success of a number of major transactions, including but not limited to high profile deals on Fifth Avenue, in Times Square and in Lower Manhattan. In total, her team was responsible for approximately 1.9 million square feet of leasing, with a transaction value of $4.5 billion. She brings a wealth of operational and transactional knowledge to Cresa, making Ms. Katona a key hire in the company’s growth in the South Florida region.
This latest announcement comes shortly after Cresa announced the hiring of industry vet Glenn Olson, the opening of its new Ft. Lauderdale office, and robust growth and expansion plans for the firm in South Florida.
“South Florida is and will continue to be one of the most important markets for our firm globally,” stated Cresa CEO Jim Underhill. “Continually adding top-notch talent as we have done here with Stephanie and all the recent key hires in South Florida is only the start for us, as we plan to be strategic, diligent, and committed to a long-term South Florida presence,” added Underhill.
“Cresa is selectively seeking office and industrial talents in the South Florida region with plans to double the number of quality brokers by end of 2018,” added Caroline Fleischer.
00adminhttps://dev.sfoba.com/wp-content/uploads/2026/08/SFOBA-logo-sharpened-transparent.pngadmin2017-05-15 01:25:312017-05-15 01:25:31Cresa Announces Appointment Of Regional Business Manager
Special thanks to Laurel Oswald, Jon Blunk and Joody Andre at Tower Commercial Real Estate for a great lunch, some amazing views and a super presentation by Jenni Morejon of the Downtown Development Authority. Tower hosted our May 11 meeting at the Tower Club at One Financial Plaza.
If you missed the presentation, shame on you. The good news is that we have Jenni’s presentation here on the blog. The bad news is that I wasn’t able to save you a piece of cheesecake.
Some of the highlights:
Over $2 Billion in post-recession investment is either planned, completed or under construction in the CBD. This includes the new 750,000 sf County Courthouse, 11,200 residential units, 1.5 million sf of office, 433,000 sf of retail and 1,200 hotel rooms. In addition, the new wave streetcar project is in the works with service to start in 2020.
While supply will be increasing with the new development, strong demand has driven residential rental rates up by 40% over the past five years and Class-A office rental rates are up by $4 over the past 12 months.
We are looking forward to more on the CBD market next month when Stiles presents details on their new downtown mixed use project.
00adminhttps://dev.sfoba.com/wp-content/uploads/2026/08/SFOBA-logo-sharpened-transparent.pngadmin2017-05-14 21:53:522017-05-14 21:53:52May Recap – Downtown Fort Lauderdale Riding Wave of New Development
With a continued focus on expanding across all disciplines and growing its South Florida capabilities, Colliers International South Florida announced the addition of commercial real estate brokers Russell Bornstein and Michael Wilson.
With nearly 60 years of combined industry experience, the team will specialize in retail and office brokerage, respectively, and bring additional value by collaborating to service clients with mixed requirements in South Florida.
“Russell and Michael have both earned a reputation for service excellence,” said Ken Krasnow, Executive Managing Director & Market Leader of Colliers International South Florida. “Bringing them on board highlights our commitment to wholistic real estate solutions. As the real estate markets in South Florida continue to develop and mature, we are continually seeing occupiers with mixed-use requirements and we are stepping up to provide market solutions and expertise as diverse as the clients and requirements we work with.”
As long-time exclusive representatives for Wells Fargo and its approximate 250 branches in Southeast Florida, Bornstein and Wilson have provided steady and strategic commercial real estate advisory to the financial services company through various mergers over their 20 year relationship, including their real estate needs after they acquired Wachovia in the largest financial institution merger on record. Additionally, they have represented clients such as Brandsmart, Regions Bank, and Chase.
Both industry veterans have been with CBRE since 2012.
Industry veteran Bornstein has been involved in the ground-floor launch of numerous national retail tenants such as Blockbuster Video, Einstein’s Bagels and Boston Chicken. His experience comes from brokering notable transactions such as the 44,000 sq. ft. Coral Gables headquarters and branch of the original BankUnited as well as the sale of Plantation Crossing Shopping Center to an entity affiliated with Beth Azor of Azor Advisory Services. Additionally, he is an active member of the International Council of Shopping Centers and a Board Member for the Wayne Barton Study Center in Boca Raton.
On the office side, Wilson has represented major players across Palm Beach, Broward and Miami-Dade Counties throughout his career. He provides brokerage services to owners, landlords and occupiers of office properties, and has represented clients such as TIAA, Ernst & Young, Invesco and Morgan Stanley, among others. He is an active member within the local chapter of NAIOP, the National Association of Industrial and Office Properties.
“I’m excited to again work with Ken Krasnow and the professionals at Colliers. I have had the opportunity to work with several of them over the course of my career and I look forward to collaborating with them again in our shared pursuit,” added Russell Bornstein.
Bornstein holds a Bachelors Degree in Business Administration from St. Bonaventure University and Wilson earned a Bachelor of Science in Finance from Pennsylvania State Unversity.
00adminhttps://dev.sfoba.com/wp-content/uploads/2026/08/SFOBA-logo-sharpened-transparent.pngadmin2017-05-07 18:56:232017-05-07 18:56:23Seasoned Commercial Real Estate Duo Joins Colliers International South Florida
JLL announced the closing of a lease renewal with long-time tenant TD Bank and a new lease with Allied Integrated Marketing totaling 22,000 square feet of office space at Cypress Financial Center, a 198,528-square-foot class A office building in Fort Lauderdale.
The property, located at 5900 N. Andrews Ave., is owned by Steelbridge Capital, a privately held, value-focused real estate investment company based in Miami and Chicago.
Sandra Andersen, Senior Vice President at JLL, represented Steelbridge Capital in both transactions.
Existing tenant TD Bank renewed its 16,675-square-foot lease and was represented by CBRE Senior Vice President Mathew J. Saker, CBRE Vice President John Jaspert and CBRE Transaction Manager Caroline C. Barone.
Allied Integrated Marketing signed a new lease consisting of 5,325 square feet and will occupy the eighth floor of the building. Allied Integrated Marketing is a full-service agency with 22 offices working with the world’s largest entertainment, culture and lifestyle brands. The tenant was represented by Bob Orban, Senior Vice President, and Tyler Wyant, Associate, at Savills Studley.
“Cypress Financial Center is situated at the geographic center of South Florida, making it the most accessible location to the region’s six million residents, an attractive factor for companies seeking office space,” said JLL’s Sandra Andersen. “The property underwent extensive renovations last year, which has contributed to attracting and retaining top-quality tenants who are seeking an office location with high-end finishes and downtown prestige in a convenient uptown location.”
Cypress Financial Center is the only office complex in South Florida with a direct on-ramp to I-95. Recently completed renovations include upgrades to the lobby and select common areas, complete tower and garage elevator modernization, exterior painting and sealing, replacement of monument and directional signage, new landscaping and exterior lighting.
00adminhttps://dev.sfoba.com/wp-content/uploads/2026/08/SFOBA-logo-sharpened-transparent.pngadmin2017-04-24 00:57:552017-04-24 00:57:55JLL Closes Leases With Two Tenants Totaling 22,000 SF
The Green Cos. has purchased Sabadell Financial Center, a five-story, 102,007-square-foot office building located at 150 S. Pine Island Road in Plantation.
Clarion Partners LLC sold the Class A office building to Green Cos. for $19.3 million.
The property was 96 percent leased at the time of sale to tenants such as Sabadell United Bank, Quest Workspaces and Ferencik Libanoff Brandt Bustamante & Goldstein PA.
Hermen Rodriguez, Ike Ojala and Tracey Goo of HFF represented Clarion Partners in the transaction. James Bernstein, Elizabeth Green and George Brown led The Green Cos. internally.
Paul Stasaitis and Maxx Carney of HFF arranged the 10-year, fixed-rate, $12.5 million acquisition loan through Aegon USA Realty Advisors LLC.
00adminhttps://dev.sfoba.com/wp-content/uploads/2026/08/SFOBA-logo-sharpened-transparent.pngadmin2017-04-10 00:41:462017-04-10 00:41:46The Green Cos. Purchases Sabadell Financial Center
Tower Commercial Real Estate named Scott Allen as Managing Director to lead the growing firm’s tenant representation division. Allen has focused exclusively on tenant representation throughout his 23-year career, serving clients nationally and in South Florida.
The new executive is experienced in all aspects of transactions, from leasing, sales and build-to-suits to acquisition and disposition of assets. Allen has represented clients including mid-to-large cap corporations, law firms, financial service firms, healthcare, municipalities, banks and technology companies.
Before joining Tower, Allen was associated with CBRE since 1996, and represented clients including Spherion Staffing, VITAS Healthcare, City of Fort Lauderdale, Citibank and AutoNation.
“As Tower continues to expand its team and service lines, we are thrilled to have someone of Scott’s caliber and experience to lead and grow our Florida tenant representation platform,” said Jon Blunk, president and founder of Tower Commercial Real Estate.
Headquartered in Miami, with offices in Fort Lauderdale, Boca Raton and West Palm Beach, Tower Commercial Real Estate is a full service commercial real estate brokerage firm active throughout Miami-Dade, Broward and Palm Beach counties. The firm has a current leasing portfolio of more than 3 million square feet, including many of the region’s most prominent Class A office and mixed-use properties.
00adminhttps://dev.sfoba.com/wp-content/uploads/2026/08/SFOBA-logo-sharpened-transparent.pngadmin2017-04-02 20:49:522017-04-02 20:49:52Tower Commercial RE Names Scott Allen To Head Tenant Representation Division
Cresa Announces Appointment Of Regional Business Manager
/in News/by adminAs part of its continued strategic South Florida growth and expansion plans, Cresa announced it has appointed Stephanie Katona as Regional Business Manager.
Prior to joining Cresa, Ms. Katona had been with Cushman & Wakefield for seven years in the firm’s Midtown Manhattan world headquarters. During her seven year tenure at Cushamn & Wakefield, Ms. Katona was instrumental in the success of a number of major transactions, including but not limited to high profile deals on Fifth Avenue, in Times Square and in Lower Manhattan. In total, her team was responsible for approximately 1.9 million square feet of leasing, with a transaction value of $4.5 billion. She brings a wealth of operational and transactional knowledge to Cresa, making Ms. Katona a key hire in the company’s growth in the South Florida region.
This latest announcement comes shortly after Cresa announced the hiring of industry vet Glenn Olson, the opening of its new Ft. Lauderdale office, and robust growth and expansion plans for the firm in South Florida.
May Recap – Downtown Fort Lauderdale Riding Wave of New Development
/in News, Trends/by adminSpecial thanks to Laurel Oswald, Jon Blunk and Joody Andre at Tower Commercial Real Estate for a great lunch, some amazing views and a super presentation by Jenni Morejon of the Downtown Development Authority. Tower hosted our May 11 meeting at the Tower Club at One Financial Plaza.
If you missed the presentation, shame on you. The good news is that we have Jenni’s presentation here on the blog. The bad news is that I wasn’t able to save you a piece of cheesecake.
Some of the highlights:
Over $2 Billion in post-recession investment is either planned, completed or under construction in the CBD. This includes the new 750,000 sf County Courthouse, 11,200 residential units, 1.5 million sf of office, 433,000 sf of retail and 1,200 hotel rooms. In addition, the new wave streetcar project is in the works with service to start in 2020.
While supply will be increasing with the new development, strong demand has driven residential rental rates up by 40% over the past five years and Class-A office rental rates are up by $4 over the past 12 months.
We are looking forward to more on the CBD market next month when Stiles presents details on their new downtown mixed use project.
Seasoned Commercial Real Estate Duo Joins Colliers International South Florida
/in News/by adminWith a continued focus on expanding across all disciplines and growing its South Florida capabilities, Colliers International South Florida announced the addition of commercial real estate brokers Russell Bornstein and Michael Wilson.
With nearly 60 years of combined industry experience, the team will specialize in retail and office brokerage, respectively, and bring additional value by collaborating to service clients with mixed requirements in South Florida.
As long-time exclusive representatives for Wells Fargo and its approximate 250 branches in Southeast Florida, Bornstein and Wilson have provided steady and strategic commercial real estate advisory to the financial services company through various mergers over their 20 year relationship, including their real estate needs after they acquired Wachovia in the largest financial institution merger on record. Additionally, they have represented clients such as Brandsmart, Regions Bank, and Chase.
Both industry veterans have been with CBRE since 2012.
Industry veteran Bornstein has been involved in the ground-floor launch of numerous national retail tenants such as Blockbuster Video, Einstein’s Bagels and Boston Chicken. His experience comes from brokering notable transactions such as the 44,000 sq. ft. Coral Gables headquarters and branch of the original BankUnited as well as the sale of Plantation Crossing Shopping Center to an entity affiliated with Beth Azor of Azor Advisory Services. Additionally, he is an active member of the International Council of Shopping Centers and a Board Member for the Wayne Barton Study Center in Boca Raton.
On the office side, Wilson has represented major players across Palm Beach, Broward and Miami-Dade Counties throughout his career. He provides brokerage services to owners, landlords and occupiers of office properties, and has represented clients such as TIAA, Ernst & Young, Invesco and Morgan Stanley, among others. He is an active member within the local chapter of NAIOP, the National Association of Industrial and Office Properties.
Bornstein holds a Bachelors Degree in Business Administration from St. Bonaventure University and Wilson earned a Bachelor of Science in Finance from Pennsylvania State Unversity.
JLL Closes Leases With Two Tenants Totaling 22,000 SF
/in Done Deals, News/by adminJLL announced the closing of a lease renewal with long-time tenant TD Bank and a new lease with Allied Integrated Marketing totaling 22,000 square feet of office space at Cypress Financial Center, a 198,528-square-foot class A office building in Fort Lauderdale.
The property, located at 5900 N. Andrews Ave., is owned by Steelbridge Capital, a privately held, value-focused real estate investment company based in Miami and Chicago.
Sandra Andersen, Senior Vice President at JLL, represented Steelbridge Capital in both transactions.
Existing tenant TD Bank renewed its 16,675-square-foot lease and was represented by CBRE Senior Vice President Mathew J. Saker, CBRE Vice President John Jaspert and CBRE Transaction Manager Caroline C. Barone.
Allied Integrated Marketing signed a new lease consisting of 5,325 square feet and will occupy the eighth floor of the building. Allied Integrated Marketing is a full-service agency with 22 offices working with the world’s largest entertainment, culture and lifestyle brands. The tenant was represented by Bob Orban, Senior Vice President, and Tyler Wyant, Associate, at Savills Studley.
Cypress Financial Center is the only office complex in South Florida with a direct on-ramp to I-95. Recently completed renovations include upgrades to the lobby and select common areas, complete tower and garage elevator modernization, exterior painting and sealing, replacement of monument and directional signage, new landscaping and exterior lighting.
The Green Cos. Purchases Sabadell Financial Center
/in Done Deals/by adminThe Green Cos. has purchased Sabadell Financial Center, a five-story, 102,007-square-foot office building located at 150 S. Pine Island Road in Plantation.
Clarion Partners LLC sold the Class A office building to Green Cos. for $19.3 million.
The property was 96 percent leased at the time of sale to tenants such as Sabadell United Bank, Quest Workspaces and Ferencik Libanoff Brandt Bustamante & Goldstein PA.
Hermen Rodriguez, Ike Ojala and Tracey Goo of HFF represented Clarion Partners in the transaction. James Bernstein, Elizabeth Green and George Brown led The Green Cos. internally.
Paul Stasaitis and Maxx Carney of HFF arranged the 10-year, fixed-rate, $12.5 million acquisition loan through Aegon USA Realty Advisors LLC.
Source: REBusiness
Tower Commercial RE Names Scott Allen To Head Tenant Representation Division
/in News/by adminTower Commercial Real Estate named Scott Allen as Managing Director to lead the growing firm’s tenant representation division. Allen has focused exclusively on tenant representation throughout his 23-year career, serving clients nationally and in South Florida.
The new executive is experienced in all aspects of transactions, from leasing, sales and build-to-suits to acquisition and disposition of assets. Allen has represented clients including mid-to-large cap corporations, law firms, financial service firms, healthcare, municipalities, banks and technology companies.
Before joining Tower, Allen was associated with CBRE since 1996, and represented clients including Spherion Staffing, VITAS Healthcare, City of Fort Lauderdale, Citibank and AutoNation.
Headquartered in Miami, with offices in Fort Lauderdale, Boca Raton and West Palm Beach, Tower Commercial Real Estate is a full service commercial real estate brokerage firm active throughout Miami-Dade, Broward and Palm Beach counties. The firm has a current leasing portfolio of more than 3 million square feet, including many of the region’s most prominent Class A office and mixed-use properties.