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Two Hallandale Beach Office Buildings Hit The Market

December 16, 2019/in News/by SFOBA STAFF

Adam J. Tiktin and Alejandro Snyder of TREIS have been named exclusive leasing agents for the buildings. CLICK ON THE HEADLINE FOR MORE

Cushman & Wakefield’s John Criddle, Joseph Freitas Named Exclusive Leasing Advisors For Cypress Creek Office Building

December 10, 2019/in News/by SFOBA STAFF

The five-story office building totals ±119,339 square feet. CLICK ON THE HEADLINE FOR MORE

Two Hallandale Beach Office Buildings Hit The Market

December 16, 2019/in News/by SFOBA STAFF

Adam J. Tiktin and Alejandro Snyder of TREIS have been named exclusive leasing agents for the buildings. CLICK ON THE HEADLINE FOR MORE

Cushman & Wakefield’s John Criddle, Joseph Freitas Named Exclusive Leasing Advisors For Cypress Creek Office Building

December 10, 2019/in News/by SFOBA STAFF

The five-story office building totals ±119,339 square feet. CLICK ON THE HEADLINE FOR MORE

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Two Hallandale Beach Office Buildings Hit The Market

December 16, 2019/in News/by SFOBA STAFF

Tiktin Real Estate Investment Services (TREIS) has announced two office buildings at 1250 and 2100 E. Hallandale Beach Blvd. in Hallandale Beach have hit the market for $36 million.

Adam J. Tiktin and Alejandro Snyder of TREIS are the exclusive sales agents and represent the Seller, KEI Properties. The buildings are located on the south side of East Hallandale Beach Boulevard and offer excellent visibility and signage opportunities. They are available as a portfolio or for individual sale.

Built in 1982 and situated on 2.7 acres, the 1250 E. Hallandale Beach Blvd. building is 11 stories tall and totals 110,447 rentable square feet. The building is currently nearly 87 percent occupied by medical and professional offices and is anchored by a 12,800 square foot gym.

Just two blocks east and constructed in 1968, the 2100 E. Hallandale Beach Blvd. building features four stories and totals a lot size of 85,680 square feet. The building is 92 percent occupied by mostly medical and professional offices as well. Situated on nearly two acres, 2100 East Hallandale Beach Blvd. allows for several redevelopment opportunities, as the current zoning allows for developers to build up to 350 feet.

The office market in Hallandale Beach is one of the region’s lowest vacancy markets, showing high supply and demand with only seven percent vacancy as of Q4 2018. This area has experienced significant development with two hotels built in the last three years. Additionally, there are nine projects under construction in Hallandale and 11 approved developments in the pipeline.

Cushman & Wakefield’s John Criddle, Joseph Freitas Named Exclusive Leasing Advisors For Cypress Creek Office Building

December 10, 2019/in News/by SFOBA STAFF

The Cushman & Wakefield office leasing team of John Criddle and Joseph Freitas has been named exclusive leasing advisor for Lakeside Plaza by Hollywood, FL-based owner Naya USA Investment & Management LLC.

Lakeside Plaza is a five-story, ±119,339-square-foot office building developed on a ±6.0-acre site at 6301 NW 5th Way in Corporate Park at Cypress Creek.

The property is situated in the heart of Fort Lauderdale’s Uptown Business District. This location offers unmatched access to Interstate 95, the Cypress Creek Tri-Rail Station and the Fort Lauderdale Executive Airport. The Uptown Business District is poised for additional development and redevelopment that will transform it into the envisioned Uptown Urban Village, a walkable neighborhood of offices, residences, retail and hospitality.

“With the planned renovations, Lakeside Plaza will be a premier mid-rise suburban office building offering a strategic location in the greater Fort Lauderdale office market,” said Criddle.

“As building renovations continue to drive rents and leasing activity in the Cypress Creek market, ownership hired our team to assist in repositioning the asset to complete at a higher class and quality,” added Freitas.

Lakeside Plaza is currently 77.82% leased with 24,466 square feet available at rates ranging from $17.50 to $18.00. Notable tenants include Bosch Security Systems, Custom Service, The Singing Machine and Bitedefender.

Criddle and Freitas are also exclusive leasing advisors for Naya USA’s 7800 Congress Ave., a 40,800-square-foot office building in Boca Raton. Cushman & Wakefield’s South Florida Commercial Team negotiated the $17.65 million sale of Lakeside Plaza to Naya USA in January 2018.

Half Sized Blog Element (Single Author Style)

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Two Hallandale Beach Office Buildings Hit The Market

Cushman & Wakefield’s John Criddle, Joseph Freitas Named Exclusive Leasing Advisors For Cypress Creek Office Building

Two Hallandale Beach Office Buildings Hit The Market

Cushman & Wakefield’s John Criddle, Joseph Freitas Named Exclusive Leasing Advisors For Cypress Creek Office Building

Full Sized Blog Element (Big Preview Pic)

Two Hallandale Beach Office Buildings Hit The Market

Cushman & Wakefield’s John Criddle, Joseph Freitas Named Exclusive Leasing Advisors For Cypress Creek Office Building

“With the planned renovations, Lakeside Plaza will be a premier mid-rise suburban office building offering a strategic location in the greater Fort Lauderdale office market,” said Criddle.

“As building renovations continue to drive rents and leasing activity in the Cypress Creek market, ownership hired our team to assist in repositioning the asset to complete at a higher class and quality,” added Freitas.

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