The building was constructed in 1982 by the Les Byron’s father. CLICK ON THE HEADLINE FOR MORE
The building was 25% occupied a year ago. CLICK ON THE HEADLINE FOR MORE
Advance Fire & Security purchased a 28,000 square foot office building on 2.5 acres from Harrisons Holdings II, LLC for $2,250,000 or $81 per square foot.
Known as the Lakeview Health Building, the property is located at 2701 Gateway Drive, Pompano Beach. It was constructed in 1982 by the agent’s father; Les Byron Associates.
Les Byron, Jr. SIOR, CCIM, Steve Davis and Keith Kidwell, SIOR, CCIM of Sperry Van Ness Commercial Realty in Fort Lauderdale, Florida, represented the Buyer in the transaction.
Whelchel Partners Real Estate Services has secured more than 50,000 square feet of new tenants at the newly renovated 980 N. Federal Hwy., recently renamed 980 CENDYN.
The Boca Raton office building, formerly known as the Compson Financial Center, sold in August 2013 to local investment group Boca East Investments LLC. Whelchel Partners represented the buyer in the acquisition of the 95,000 square foot building.
New anchor tenant Cendyn has recently moved into a full floor at the building, relocating its worldwide headquarters. The new ownership’s managing member, Charles Deyo, is also President and Founder of Cendyn, a full service hotel internet marketing agency.
Cendyn Spaces, a modern concept business center and co-working location that allows for business and independent contractors to lease office and meeting space by the hour, the day, the month or the year providing ultimate flexibility.
Extensive renovations have recently been completed at the property, including new exterior façade (completion date August 1, 2014), new restaurant (Meat Eatery & Taproom), new HVAC chiller system, high tech security system, a multipurpose redesigned atrium, robust tenant improvements as well as upgraded common areas. The building incorporates the latest technology innovations including new 1 Gbps fiber link, Cisco Collaboration Infrastructure, CAT 6 cabling, enterprise class Wi-Fi throughout building.
Other new tenants include, R2 Unified Technology, Flagship Solutions, Matteis & Company and the new restaurant M.E.A.T.(Meat Eatery And Taproom), joining existing anchor tenant Wells Fargo.
The lease transactions bring the building from 25% occupied a year ago to over 75% occupied today.
“New ownership has created the infrastructure and environment to support the full spectrum of office users with the ability to offer 10 minute leases or 10 year leases” says Jay Whelchel, Principal of Whelchel Partners Real Estate, pictured above left.
Jay Whelchel and Whelchel President and Broker Kristy W. Hartofilis, pictured left, will remain on the project as leasing company and asset manager.
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About Whelchel Partners: Whelchel Partners is located in Boca Raton, and offers commercial real estate services in Broward and Palm Beach Counties. For more information regarding Whelchel Partners, please visit the website at http://www.whelchelpartners.com or call 561-939-6636.
About Cendyn: Cendyn® is a full-service agency specializing in turnkey solutions that drive bottom line results for the travel and hospitality industries. Cendyn represents 18,000 hotel and travel destinations with clients such as Starwood Hotels & Resorts, Ritz-Carlton Hotel Company, Hyatt Hotels, Hilton Worldwide, Marriott, and other independent properties. For more information, please call 866-625-4518 or visit http://www.cendyn.com
Sperry Van Ness Reps Advance Fire & Security In Purchase Of Pompano Office Building
/in Done Deals, News/by SFOBA STAFFThe building was constructed in 1982 by the Les Byron’s father. CLICK ON THE HEADLINE FOR MORE
Whelchel Partners Brings 980 Cendyn To 75% Occupied With 50,000 SF In Deals
/in Done Deals, News/by SFOBA STAFFThe building was 25% occupied a year ago. CLICK ON THE HEADLINE FOR MORE