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C&W Names New Managing Principal Of Its Miami-Ft. Lauderdale Offices

April 8, 2019/in News/by SFOBA STAFF

At 39, he is one of the youngest managing principals at Cushman & Wakefield. CLICK ON THE HEADLINE FOR MORE

Plantation Professional Park Fetches $11.3 Million

March 17, 2019/in Done Deals, News/by SFOBA STAFF

The Cushman & Wakefield Capital Markets team of Greg Miller, Scott O’Donnell, Dominic Montazemi and Miguel Alcivar represented the Kislak Organization of Miami Lakes in the sale. CLICK ON THE HEADLINE FOR MORE

C&W Names New Managing Principal Of Its Miami-Ft. Lauderdale Offices

April 8, 2019/in News/by SFOBA STAFF

At 39, he is one of the youngest managing principals at Cushman & Wakefield. CLICK ON THE HEADLINE FOR MORE

Plantation Professional Park Fetches $11.3 Million

March 17, 2019/in Done Deals, News/by SFOBA STAFF

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C&W Names New Managing Principal Of Its Miami-Ft. Lauderdale Offices

April 8, 2019/in News/by SFOBA STAFF

Cushman & Wakefield has named Gian Rodriguez to managing principal of its Miami and Fort Lauderdale offices.

In the new position, Rodriguez will oversee the strategic growth and business development efforts for the brokerage firm in those two critical South Florida markets.

At 39, Rodriguez is one of the youngest managing principals at Cushman & Wakefield, the national commercial brokerage firm notes.

Larry Richey, who held this role for the last four years, will continue to serve as regional managing principal for Cushman & Wakefield’s Florida offices, leading the firm’s four managing principals throughout the State of Florida.

Rodriguez, an industrial broker with more than 10 years commercial real estate experience, will now have direct oversight of more than 200 Cushman & Wakefield employees and will be responsible for all aspects of the firm’s business in Miami-Dade and Broward counties, including agency leasing, tenant representation, capital markets, debt and equity, asset services, valuation and advisory and project and development services.

Rodriguez, who is a key member of one of Cushman & Wakefield’s South Florida Industrial Teams, will continue to serve in his brokerage role, as well.

“Gian’s reputation, experience and fresh perspective will help take our Miami and Fort Lauderdale offices to the next level,” Richey says. “We have added incredible new talent to our South Florida team over the last three years, and Gian is the perfect leader to ensure our team continues to capture market share in this competitive market.”

Robert Given, vice chairman in Fort Lauderdale and leader of the Cushman’s Florida Multifamily Team, adds, “It’s been amazing to experience Cushman & Wakefield’s recent growth in South Florida, and we’re confident Gian will do an excellent job of building upon that growth. We are delighted to have him working alongside Larry to continue the effort to bring top talent to our firm.”

Rodriguez and partner Wayne Ramoski have consistently ranked as a top-producing team within Cushman & Wakefield’s Miami/Fort Lauderdale operation. In 2018, they negotiated 2.7 million square feet of sales and leases valued at more than $156 million.

Rodriguez, who is bilingual, was awarded Cushman & Wakefield’s Most Valuable Player Award in 2016.

Before joining Cushman & Wakefield, the Miami native worked with Adler Realty Services. Prior to that, he held several roles in the communications field, including media relations manager for the Golf Association of Philadelphia and director of marketing and public relations for an independent luxury real estate firm in the Greater Philadelphia Area. He earned a Bachelor of Arts in Public Relations from the University of Florida, and is active with the UF Alumni Association and several commercial real estate industry groups, including NAIOP.

Source: GlobeSt.

Plantation Professional Park Fetches $11.3 Million

March 17, 2019/in Done Deals, News/by SFOBA STAFF

Cushman & Wakefield has negotiated the sale of Plantation Professional Park a 63,319-square-foot medical and professional office campus in Broward County.

The Cushman & Wakefield Capital Markets team of Greg Miller, Scott O’Donnell, Dominic Montazemi and Miguel Alcivar represented the Kislak Organization of Miami Lakes in the sale. Aventura, FL-based Triarch Capital Group acquired the asset for $11.3 million, or $178 per square foot.

Plantation Professional Park is a six-building office campus built between 1987 and 1989 on a ±7.84-acre site at 6710–6834 West Sunrise Boulevard in Plantation. The single-story buildings comprise a medical and professional office campus located three miles from Westside Regional Medical Center. The site also includes a vacant pad previously approved for an additional two-story, ±22,000-square-foot medical office building.

Plantation Professional Park was 96% occupied at the time of sale. Notable tenants include Dickens Sanomi Academy and American Access Care.

Plantation Professional Park is located in one of the most desirable office submarkets in Broward County and offers convenient highway access to Florida’s Turnpike and Interstate 95 as well as prominent visibility along Sunrise Boulevard.

“When combined with its centralized location in Broward County, dense and economically strong surrounding communities, and superb accessibility, Plantation Professional Park epitomizes the environment that today’s medical and professional tenants migrate towards,” said O’Donnell.

In 2016, the same Cushman & Wakefield team negotiated Equitrust Life Insurance Company’s disposition of Plantation Professional Park to the Kislak Organization for $5.15 million. In 2017, the Kislak Organization completed a $1.59 million renovation program at the property that included new roof overlays and mansards, exterior paint and pavement improvements.

“As a lifelong Plantation resident, I took special pride in working with the Kislak team to revitalize and lease up Plantation Professional Park,” said Tom Bartelmo, President and CEO of the Kislak Organization. “This was a successful project for us, and we wish the new owners all the best.”

“Plantation Professional Park is an integral piece in the renaissance of the Sunrise corridor in Plantation,” said Miller. ”This acquisition will deliver stable in-place cash flows for Triarch Capital Group, while providing the ability to build upon the Kislak Organization’s repositioning efforts via a future development parcel or executing additional strategic leasing to create further value.”

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Half Sized Blog Element (Multi Author Style)

C&W Names New Managing Principal Of Its Miami-Ft. Lauderdale Offices

Plantation Professional Park Fetches $11.3 Million

C&W Names New Managing Principal Of Its Miami-Ft. Lauderdale Offices

Plantation Professional Park Fetches $11.3 Million

Full Sized Blog Element (Big Preview Pic)

C&W Names New Managing Principal Of Its Miami-Ft. Lauderdale Offices

Plantation Professional Park Fetches $11.3 Million

“When combined with its centralized location in Broward County, dense and economically strong surrounding communities, and superb accessibility, Plantation Professional Park epitomizes the environment that today’s medical and professional tenants migrate towards,” said O’Donnell.

“As a lifelong Plantation resident, I took special pride in working with the Kislak team to revitalize and lease up Plantation Professional Park,” said Tom Bartelmo, President and CEO of the Kislak Organization. “This was a successful project for us, and we wish the new owners all the best.”

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