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C&W Tapped To Lease Two Class A Office Buildings In Downtown Fort Lauderdale

July 5, 2020/in News/by SFOBA STAFF

John Criddle and Joe Freitas of Cushman & Wakefield will lead leasing efforts on behalf of the owner, IVY Realty. CLICK ON THE HEADLINE FOR MORE

Global Logistics Company Signs 20,000 SF Office Lease To Relocate, Expand HQ

June 28, 2020/in Done Deals, News/by SFOBA STAFF

Moving from Boca Raton to the Delray Beach central business district, the company will occupy nearly two-thirds of the mixed-use building’s third floor Class A office space at 25 SE 4th Ave. CLICK ON THE HEADLINE FOR MORE

C&W Tapped To Lease Two Class A Office Buildings In Downtown Fort Lauderdale

July 5, 2020/in News/by SFOBA STAFF

John Criddle and Joe Freitas of Cushman & Wakefield will lead leasing efforts on behalf of the owner, IVY Realty. CLICK ON THE HEADLINE FOR MORE

Global Logistics Company Signs 20,000 SF Office Lease To Relocate, Expand HQ

June 28, 2020/in Done Deals, News/by SFOBA STAFF

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C&W Tapped To Lease Two Class A Office Buildings In Downtown Fort Lauderdale

July 5, 2020/in News/by SFOBA STAFF

Cushman & Wakefield has been retained to oversee leasing at Tower 101 and 101 Centre, two Class A office buildings totaling approximately 230,000 square feet, located in the heart of Fort Lauderdale’s Central Business District.

John Criddle and Joe Freitas of Cushman & Wakefield will lead leasing efforts on behalf of the owner, IVY Realty.

The 21-story Tower 101 totals approximately 179,000 square feet, and the adjacent six-story 101 Centre totals approximately 50,000 square feet. Notable tenants include Uniform Advantage, Quest Workspaces and the City of Fort Lauderdale.

“Tower 101 & 101 Centre are located in Downtown’s burgeoning Flagler Village submarket, offering companies a truly walkable location to over 3,000 new multifamily units and creative restaurant concepts,” Criddle said. “As South Florida continues to densify, office assets such as Tower 101 & 101 Centre will outperform their peers as forward-looking companies will select walkable locations to the Brightline in an attempt to support office connectivity, employee recruiting and retention.”

IVY is in the process of completing major building renovations which include extensive upgrades to the building lobby, installation of a formal building entrance off of NE 1st Street providing valet service and covered drop off along with complete modernization of the building’s café.

Both buildings offer recently completed move-in ready spec suites with high-end finishes, and Tower 101 includes a premier full-floor space on the 17th floor with ocean views.

“IVY is well known for their excellent track record in South Florida and we are excited to be partnering with them on this asset,” Freitas added. “Tower 101 provides users with efficient center core floor plates to maximize space utilization and unobstructed ocean views to the East.”

Located within the emerging Flagler Village neighborhood a few blocks from Las Olas Boulevard, the buildings offer easy access to shopping, restaurants, museums, the beach, the Fort Lauderdale International Airport and more.

Global Logistics Company Signs 20,000 SF Office Lease To Relocate, Expand HQ

June 28, 2020/in Done Deals, News/by SFOBA STAFF

Samuels & Associates announced that International Materials, Inc. (IMI), an international trading and logistics provider, signed a 20,052-square-foot lease to relocate and expand its corporate headquarters to the Offices at 4^th & 5^th Delray.

Moving from Boca Raton to the Delray Beach central business district, IMI will occupy nearly two-thirds of the mixed-use building’s third floor Class A office space at 25 SE 4^th Ave.

The relocation and expansion of IMI’s headquarters will allow the company to accommodate its existing HQ roster of 45 full-time professionals and further attract top talent in line with its anticipated growth trajectory.

“As a locally owned and managed business, we are thrilled to move back to downtown Delray Beach where many of us have been residents for years,” said Robert Walsh, President, IMI. “The prospect of locating our headquarters in this state-of-the-art building, steps away from Atlantic Avenue, is a dream scenario that will allow us to grow our business and make room for the future. We are grateful for the support we have received from the City and from Samuels & Associates.”

Approximately 6,181 square feet of office space now remains on the third floor of the Offices at 4^th & 5^thDelray. The 144,733-square-foot, four-story mixed-use project, newly developed in a joint venture between Samuels & Associates and American Realty Advisors, sits in the heart of Delray Beach.

“Samuels & Associates is delighted to welcome IMI to its new space in the Offices at 4^th & 5^th Delray,” said Peter Sougarides, Principal, Samuels & Associates. “As we continue to implement a thoughtful placemaking process in the dynamic downtown Delray Beach neighborhood, we look forward to welcoming companies and employees who will enliven the local downtown economy.”

“There is no denying the staying power and increasing vibrancy of Delray Beach’s downtown as a corporate destination. We were able to attract a corporate headquarters relocation during this COVID-19 pandemic,” said Mayor Shelly Petrolia. “We are excited to welcome IMI’s headquarters into the City of Delray Beach and look forward to helping IMI grow in our city.”

“This IMI corporate headquarters relocation to the Delray Beach central business district is a testament to the strength of our city and evidence that the investments in our public-private partnerships strategically located for economic development are beginning to pay off,” said Stephanie Immelman, President & CEO, Greater Delray Beach Chamber of Commerce.

In the transaction, Samuels & Associates was represented by Keith O’Donnell and Gary Gottlieb of Avison Young, and IMI was represented by Ingrid Kennemer of Coastal Commercial Group.

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C&W Tapped To Lease Two Class A Office Buildings In Downtown Fort Lauderdale

Global Logistics Company Signs 20,000 SF Office Lease To Relocate, Expand HQ

C&W Tapped To Lease Two Class A Office Buildings In Downtown Fort Lauderdale

Global Logistics Company Signs 20,000 SF Office Lease To Relocate, Expand HQ

Full Sized Blog Element (Big Preview Pic)

C&W Tapped To Lease Two Class A Office Buildings In Downtown Fort Lauderdale

“IVY is well known for their excellent track record in South Florida and we are excited to be partnering with them on this asset,” Freitas added. “Tower 101 provides users with efficient center core floor plates to maximize space utilization and unobstructed ocean views to the East.”

Global Logistics Company Signs 20,000 SF Office Lease To Relocate, Expand HQ

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