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JLL Reps Healthcare Technology Firm In Record Palm Beach Office Lease

July 31, 2017/in Done Deals, News/by SFOBA STAFF

The firm represented Modernizing Medicine, a healthcare technology company headquartered in Boca Raton, in an expansion of over 50,000 square feet. CLICK ON THE HEADLINE FOR MORE

Ft. Lauderdale Commissioners Unanimously Approve 1.3M SF Mixed-Use Project

July 17, 2017/in News/by SFOBA STAFF

This announcement moves FATcity from a proposed to a planned development pivotal to the city. CLICK ON THE HEADLINE FOR MORE

JLL Reps Healthcare Technology Firm In Record Palm Beach Office Lease

July 31, 2017/in Done Deals, News/by SFOBA STAFF

The firm represented Modernizing Medicine, a healthcare technology company headquartered in Boca Raton, in an expansion of over 50,000 square feet. CLICK ON THE HEADLINE FOR MORE

Ft. Lauderdale Commissioners Unanimously Approve 1.3M SF Mixed-Use Project

July 17, 2017/in News/by SFOBA STAFF

This announcement moves FATcity from a proposed to a planned development pivotal to the city. CLICK ON THE HEADLINE FOR MORE

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JLL Reps Healthcare Technology Firm In Record Palm Beach Office Lease

July 31, 2017/in Done Deals, News/by SFOBA STAFF

The JLL team of Barbara Liberatore Black, Managing Director; Alan Kleber, Managing Director; and Vice President Cameron Tallon just completed one of the largest office deals in the West Palm Beach market so far this year, according to a release.

The firm represented Modernizing Medicine, a healthcare technology company headquartered in Boca Raton, in an expansion of over 50,000 square feet. Modernizing Medicine will expand its operations to the Boca Raton Innovation Center (BRIC) and with this expansion will add a total of 838 jobs by 2022.

JLL represented the tenant in the lease transaction and its Project Development Services division is also overseeing the buildout of the new offices.

“As a health information technology leader born here in South Florida, Modernizing Medicine continues to drive innovation in the healthcare technology field with specialty-specific solutions for physicians. We worked closely with Modernizing Medicine’s leadership to ensure the expansion could accommodate its current operations and future growth,” said Black.

“This lease allows the company to expand its operations in the Boca Raton Innovation Center, while creating hundreds of new jobs and making a significant economic contribution to Palm Beach County. By leasing over 50,000 square feet, Modernizing Medicine will be able to grow its presence in a building known for hatching breakthrough innovations,” Black said.

Headquartered in Boca Raton, Modernizing Medicine was founded in 2010 by chief executive officer Daniel Cane and chief medical and strategy officer Dr. Michael Sherling and has quickly grown to more than 550 employees. The company empowers physicians with suites of mobile, specialty-specific solutions designed to transform how healthcare information is created, consumed and utilized to increase efficiency and improve outcomes.

Cane said, “We are extremely excited to expand our presence and create more jobs across a wide range of fields in South Florida. As a Florida-based technology company, it’s not lost on us that we’re in the backyard of where the modern day era of technology was born. We’re proud to work with Enterprise Florida, the City of Boca Raton and the Business Development Board of Palm Beach County to continue to enhance the already stellar reputation as an area of innovation and growth. I look forward to seeing the company’s long-term impact on the community as well as the modernization of medicine.”

Ft. Lauderdale Commissioners Unanimously Approve 1.3M SF Mixed-Use Project

July 17, 2017/in News/by SFOBA STAFF

The Traina Companies, a privately held New York and Delray Beach-based dynamic group of holdings in the real estate development, construction and hospitality industries, unanimously received the final zoning approval necessary from Ft. Lauderdale’s City Commissioners for its 1,351,160 square feet of mixed-use new construction, dubbed FATcity (Florida Arts and Technology), located at 300 N. Andrews Avenue in Ft. Lauderdale.

This announcement moves FATcity from a proposed to a planned development pivotal to the city. A true Transit Oriented Development (TOD) mixed-use project, FATcity is situated in the City Center (RAC-CC) Special Zoning District and connects the Central Business and Arts Districts through pedestrian-oriented walkable streets, access to Brightline’s High-Speed Rail station within two blocks of the property, and a Wave Streetcar stop on-site.

Fronting an entire city block along the east side of Andrews Avenue between NE 3rd and 4th Streets, FATcity is an assemblage of five contiguous parcels of land totaling 2.69-acres and will be comprised of two, 30-story towers featuring 270,000 square feet of office, retail and a potential for hospitality; 612 residential units; and 1,327 covered parking spaces.

“This announcement is a testament to the hard work and dedication of state and local leaders, along with the Greater Ft. Lauderdale Alliance, who together have to positioned Ft. Lauderdale to emerge as the next tech hub to rival Austin and The Triangle in North Carolina – while also attracting other great companies in various industries,” said Joseph Traina, Jr., Principal, The Traina Companies. “The quality of life, cost of living, no personal state income taxes, transportation modules, skilled workforce, and access to hundreds of thousands of students from local universities can rival, if not surpass, those of large-scale tech hubs like San Francisco and Silicon Valley.”

This development marks the first new Class A office space developed in Broward’s Ft. Lauderdale submarket in more than a decade. As such, FATcity’s office component is designed to exceed today’s workplace needs, boasting large, open floorplates ideal for co-working, collaboration and networking, open-air retail spaces, and advanced high-speed technology. Additionally, to complement its proximity to local universities, The Traina Companies seeks to create a platform where employers can meet, train, and hire the next generation of the skilled workforce – this will be accomplished by providing internships, continuing education, and fulfilling the need for an incubator for the area to connect and collaborate under one roof.

As an amenity rich, job creation engine that will spotlight and enhance the cultural, educational, and lifestyle aspects of the region, FATcity will become the Gateway to Ft. Lauderdale. Employers and employees, residents, lifestyle retailers and consumers, as well as leisure and business travelers, will complement each other and the overall essence of the project.

“With our business roots deep in New York and Delray, we have seen first-hand how Ft. Lauderdale has become to Miami what Brooklyn is to Manhattan,” continued Traina. “The urban planners and commissioners of Ft. Lauderdale were wise beyond measure to create the RAC-CC zoning for the downtown area which has spurred development on a scale never before seen in Ft. Lauderdale.”

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JLL Reps Healthcare Technology Firm In Record Palm Beach Office Lease

Ft. Lauderdale Commissioners Unanimously Approve 1.3M SF Mixed-Use Project

JLL Reps Healthcare Technology Firm In Record Palm Beach Office Lease

Ft. Lauderdale Commissioners Unanimously Approve 1.3M SF Mixed-Use Project

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JLL Reps Healthcare Technology Firm In Record Palm Beach Office Lease

Ft. Lauderdale Commissioners Unanimously Approve 1.3M SF Mixed-Use Project

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