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2019 Holiday Party – Thank You, Sunbeam Properties

December 8, 2019/in News/by SFOBA STAFF

It was great to spend some quality time with good friends and enjoy some great food, beverages, and live music. It was also time to bid a fond farewell to our own Joanne Diaz who has done such a great job of keeping our group organized for more years than we can count. CLICK ON THE HEADLINE FOR MORE

Stigliano Negotiates Full Floor Lease At Fort Lauderdale’s Port Royale Financial Center

December 2, 2019/in Done Deals, News/by SFOBA STAFF

Stigliano represented the tenant, one of the largest CPA firms in South Florida, in negotiating the $2.1 million, 12-year extension. CLICK ON THE HEADLINE FOR MORE

2019 Holiday Party – Thank You, Sunbeam Properties

December 8, 2019/in News/by SFOBA STAFF

Stigliano Negotiates Full Floor Lease At Fort Lauderdale’s Port Royale Financial Center

December 2, 2019/in Done Deals, News/by SFOBA STAFF

Stigliano represented the tenant, one of the largest CPA firms in South Florida, in negotiating the $2.1 million, 12-year extension. CLICK ON THE HEADLINE FOR MORE

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2019 Holiday Party – Thank You, Sunbeam Properties

December 8, 2019/in News/by SFOBA STAFF

Thank you to our gracious hosts Maridee Bell, Lauren Pace, Wini Smith and Andy Ansin of Sunbeam Properties for hosting our annual holiday cocktail party at Miramar Park of Commerce on December 5, 2019.

Our hosts, Madiree Bell and Lauren Pace of Sunbeam along with Joe Jarkesy of Stiles

It was great to spend some quality time with good friends and enjoy some great food, beverages, and live music. It was also time to bid a fond farewell to our own Joanne Diaz who has done such a great job of keeping our group organized for more years than we can count. At the suggestion of Ron Osborne, it was unanimously decided by the group that in lieu of our customary prize drawing, the proceeds would make a great parting gift to Joanne who has tirelessly served the group for so long.

But retired members are always welcome to join us and it was good to see our former leader Ted Harris. Ted stepped to the mic to reiterate the mission of our group, to foster communication and sharing of information among the top office brokers in Miami-Dade, Broward and Palm Beach County.

We also heard from Maridee and Lauren who spoke about the office/flex and land availabilities in the 5.2 million square foot Miramar Park of Commerce. Even if you missed the meeting, you owe it to yourself to review the availabilities in one of South Florida’s premier business parks to support our hosts and possibly to help your won clients.

I also had a chance to promote the next SFOBA meeting on January 16th at Spectrum Office Park at 4901 NW 17th Way in Fort Lauderdale which will be hosted by Levy Realty Advisors. We are considering two great groups and will be announcing our guest speaker any day for the 2020 kickoff meeting.

Wishing everybody a happy holiday season and a healthy and prosperous 2020 from the South Florida Office Brokers Association.

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Thanks Joanne Diaz and Gus Martinez for all you do!

Stigliano Negotiates Full Floor Lease At Fort Lauderdale’s Port Royale Financial Center

December 2, 2019/in Done Deals, News/by SFOBA STAFF

Reese Stigliano, president of Stigliano Commercial Real Estate announced that Keefe, McCullough & Co., LLP has renewed its lease for the entire 14,393-square-foot fourth floor at Fort Lauderdale’s Port Royale Financial Center.

Stigliano represented the tenant, one of the largest CPA firms in South Florida, in negotiating the $2.1 million, 12-year extension. Stigliano has represented the firm since 1992 when they initially leased a portion of the 4th floor at Port Royale, located at 6550 N. Federal Highway. The final negotiation included a six-figure tenant improvement allowance, and several expansion and renewal options.

According to Stigliano, office rents in Fort Lauderdale metro have posted an average annual gain of 5.2% over the last three years. Vacancies average 8% which are below the national average of 10% for Class A office space. There is 1.6 million SF of new construction underway representing a 2.3% expansion of the existing inventory. Over the last three years, only 776,000 SF has been delivered or a cumulative inventory expansion of 1.1%

“What this lease renewal does is provide the tenant with long term stability on their cost of occupancy in a prestigious Class A office building. Also, this allows the tenant to focus on growing their core business without worrying about outgrowing their space and having to relocate in a very tight real estate market.” said Reese.

Reese Stigliano is a recognized leader in the South Florida commercial real estate market and brings over 35 years of experience in commercial real estate to Stigliano Commercial Real Estate. As president, he focuses on land sales, investment sales and office leasing.

Half Sized Blog Element (Single Author Style)

Half Sized Blog Element (Multi Author Style)

2019 Holiday Party – Thank You, Sunbeam Properties

Stigliano Negotiates Full Floor Lease At Fort Lauderdale’s Port Royale Financial Center

2019 Holiday Party – Thank You, Sunbeam Properties

Stigliano Negotiates Full Floor Lease At Fort Lauderdale’s Port Royale Financial Center

Full Sized Blog Element (Big Preview Pic)

2019 Holiday Party – Thank You, Sunbeam Properties

Stigliano Negotiates Full Floor Lease At Fort Lauderdale’s Port Royale Financial Center

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