William Holly Parts Ways With Cushman & Wakefield

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Word has it that veteran commercial real estate broker William H. Holly and Cushman & Wakefield have officially parted ways.

Holly, who encountered financial setbacks during a stint as a developer, returned to Cushman & Wakefield after several years with his own company.

Holly began his career at the Codina Bush Group, and was a director at Cushman & Wakefield before establishing the Miami office of Insignia/ESG and, eventually, Holly Real Estate, before returning to Cushman & Wakefield last March.

No word yet on where Holly will land.

 

 

ACP Revisited?

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Rumor has it that Alice Lucia of Jones Lang LaSalle has been reunited with Rudy Touzet of Banyan Street Partners.  The two worked together in the early to mid 2000s before Lucia joined JLL in 2006.

Word is that the leasing efforts at Tower 101 , which was recently purchased by Banyan Street Partners, an entity led by Touzet, are now being led by Lucia.

The 230,238 square foot asset was long represented by Owen Sager, who left Grubb & Ellis and joined CBRE back in January.

Is AtlanTech Tower Now Being Repped By ComReal?

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If there’s one thing that hasn’t changed in the commercial real estate world, it’s rumors.

Rumor has it that AtlanTech Tower, located at 6451 N. Federal Highway in North Lauderdale has changed hands, and is now being represented by ComReal.

Alice Lucia, Sandra Andersen and Peter Sheridan of Jones Lang LaSalle have been leading the leasing efforts for the 12-story, 413,426 office property.  It is currently approximately 70% occupied.

New Boston Fund acquired the property in early 2008 for a reported $63 million.

200 E Broward Rumored To Gain Back 3 Floors

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Rumor has it that with the approved sale of Ruden McClosky’s assets to Greenspoon Marder, 200 East Broward Blvd. will add three floors, or approximately 30,000 square feet, back into their available inventory.  The 225,000 square foot office building is currently 48% vacant, with 108,158 square feet available, according to CRE-sources data.

The law firm will retain a presence in the building, occupying one of the four floors it currently leases, according to sources.

Last November, Ruden McClosky announced that the US Bankruptcy Court for the Southern District of Florida had approved the sale of its assets to the Greenspoon Marder law firm. As approved, the sale will result in combined operations totaling approximately 140 attorneys and 400 staff members located in 10 offices throughout the state.

Greenspoon’s South Florida offices are located at the Trade Centre South building, at 100 West Cypress Creek Road in uptown Fort Lauderdale. Greenspoon Marder also has offices in Aventura, Boca Raton, West Palm Beach, Stuart and Orlando.

Approximately 50 Ruden McClosky attorneys will continue their practices under the Greenspoon Marder name.

The vacancy at 200 E. Broward is reported to take place in late March.

 

Big Changes At The Arbors Office Park

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Commercial investor RexxHall Realty has expanded its South Florida holdings beyond apartments to include office space with the $12.75 million purchase of the The Arbors Office Park in Delray Beach.

And with the new owner comes new leasing representation…at least that’s the word on the street.  Rumor has it that Deborah Fink and Jeff Kelly of CBRE have been awarded the leasing assignment.  The office park was being represented by Molly McDonough and Greg Martin of Flagler Real Estate Services.

The three buildings that make up the office park, located at 1615, 1625 at 1690 S. Congress Ave., were built in 1981 and total 244,247 rentable square feet. It is 45 percent occupied.

Corporate Center Has New Representation

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Rumor has it that Grubb & Ellis has officially taken over the leasing assignment at Corporate Center.  Mike Wilson has been awarded (not sure if awarded is the appropriate word) the assignment.

If you recall, Deanna Lobinsky and her team pulled out of their leasing representation agreement with Corporate Center in September, along with all of their other Cabot assignments.