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Cushman and Wakefield’s Deanna Lobinsky And Chase Kulp Rep Bridge In Two New Lease Deals At Sawgrass Technology Park

February 26, 2023/in Done Deals, News/by SFOBA STAFF

Kahane and Associates, P.A., a consumer finance litigation law firm relocating from Plantation, signed a 12,000-square-foot deal, and Acentria Insurance, an insurance company relocating from Fort Lauderdale. signed a 15,000-square-foot lease.

CBRE Named Exclusive Leasing Agent For Plantation Office Building

February 20, 2023/in Done Deals, News/by SFOBA STAFF

John Criddle, Joe Freitas and Max Pawk will be marketing the property for lease.

Cushman and Wakefield’s Deanna Lobinsky And Chase Kulp Rep Bridge In Two New Lease Deals At Sawgrass Technology Park

February 26, 2023/in Done Deals, News/by SFOBA STAFF

CBRE Named Exclusive Leasing Agent For Plantation Office Building

February 20, 2023/in Done Deals, News/by SFOBA STAFF

John Criddle, Joe Freitas and Max Pawk will be marketing the property for lease.

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Cushman and Wakefield’s Deanna Lobinsky And Chase Kulp Rep Bridge In Two New Lease Deals At Sawgrass Technology Park

February 26, 2023/in Done Deals, News/by SFOBA STAFF

Bridge Commercial Real Estate (Bridge), a commercial brokerage subsidiary of Bridge Investment Group, announced two new leases at Sawgrass Technology Park, a 514,332-square-foot, 11-building office complex in Broward County.

Kahane and Associates and Acentria Insurance, a Foundation Risk Partners Company will occupy approximately 27,000 square feet at the 56-acre campus known for its Mediterranean-style architectural design and surrounding lush landscape and lake. Centrally located in the heart of the thriving Sunrise submarket at the confluence of I-75 and I-595, the business park is surrounded by premier shopping, dining and entertainment destinations, bolstering the complex’s status as one of the most highly amenitized professional office buildings in Broward County.

Bridge signed a 12,000-square-foot deal with Kahane and Associates, P.A., a consumer finance litigation law firm relocating from Plantation, and a 15,000-square-foot lease with Acentria Insurance, an insurance company relocating from Fort Lauderdale. Sawgrass Technology Park’s upgraded amenities and central location positions the office park to be the ideal home for these new leases as they enter their next chapter of growth and expansion.

Cushman and Wakefield’s Deanna Lobinsky and Chase Kulp represented Bridge in both transactions.

The new leases reflect the broader “flight to quality” trend as office users across the U.S. seek highly amenitized and repositioned office buildings to provide for their employees and encourage retention. Bridge has invested $7.5 million in capital improvements across Sawgrass Technology Park, including an updated amenity hub with a fitness center, conference center, management office, game room, TVs and a modern cafe to serve as the center’s first on-campus food option.

“We are thrilled to welcome these dynamic companies to our tenant roster at Sawgrass Technology Park, which has become a top destination for professional talent in the region,” said Kelly Kuykendall, managing director at Bridge Investment Group. “The overall lack of new office products in surrounding submarkets has created new opportunities for landlords that made strategic investments to reposition their properties shortly before and during the pandemic. These leases reflect how many of those buildings are now capturing a healthy share of market demand in Broward.”

According to a recent report from Cushman & Wakefield, Sunrise and other submarkets in West Broward accounted for more than 246,000 square feet of positive net absorption in Q3, offsetting losses in other parts of the region. Year-over-year asking rents climbed by nearly 3% despite recent economic turbulence. Another recent study from CBRE shows Broward has registered nearly one-third of total leasing activity in South Florida over the last year, despite only having just over 25% of the region’s total inventory.

CBRE Named Exclusive Leasing Agent For Plantation Office Building

February 20, 2023/in Done Deals, News/by SFOBA STAFF

Brookwood Financial Partners, LLC has appointed CBRE as the exclusive leasing agent for Lakeside Office Center, a 134,443-square-foot Class A office building located at 600 N. Pine Island Rd. in Plantation.

Brookwood Financial Partners, LLC is a nationally recognized private equity real estate who has invested over $1.9 billion of equity to acquire a portfolio of 200 commercial real estate properties, seven operating companies, and 452 gas stations with convenience stores, with a total capitalization of over $4.5 billion.

“As we continue to invest in Lakeside Office Center, we are partnering with CBRE to rebrand and reposition the property to attract today’s office users. Over the next 12 months we will implement a speculative suite program, upgrades to the lobby, amenity and outdoor areas including additional seating, enhanced Wi-Fi, and collaboration spaces,” said Thania Potosme, Vice President and Asset Manager at Brookwood Financial Partners, LLC.

John Criddle, Joe Freitas and Max Pawk with CBRE will be marketing the property for lease on behalf of Brookwood Financial Partners, LLC. The current vacancy is 37,582 square feet with spaces ranging from 1,500 square feet to 14,760 square feet of contiguous space available for lease.

Built in 1986, Lakeside Office Center is a five-story office building featuring a two-story glass atrium, a conference center, on-site security, and newly constructed, covered parking garage that is shared with the adjacent multifamily project. The property is located approximately 2.5 miles north of the Pine Island exit on Interstate 595, providing tenants with a central location and easy access to Downtown Fort Lauderdale, airports, and other major highways, including the Sawgrass Expressway, Interstate 75, the Florida Turnpike, and Interstate 95.

“Lakeside Office Center is one of a few office properties in the Plantation submarket that provides a true live-work-play environment with walkability to nearby restaurants, banking, retail, and housing. The property is adjacent to multiple new upscale multifamily residences, including Veranda Shoppes, The Remy Apartments, The Manor in Plantation, and the under-construction Plantation Midtown Square project, which will bring more retail and restaurant options. In addition to the surrounding amenities, Brookwood’s capital improvement plan will elevate the property even further and continue to attract office users,” said CBRE First Vice President Joe Freitas.

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Cushman and Wakefield’s Deanna Lobinsky And Chase Kulp Rep Bridge In Two New Lease Deals At Sawgrass Technology Park

CBRE Named Exclusive Leasing Agent For Plantation Office Building

Cushman and Wakefield’s Deanna Lobinsky And Chase Kulp Rep Bridge In Two New Lease Deals At Sawgrass Technology Park

CBRE Named Exclusive Leasing Agent For Plantation Office Building

Full Sized Blog Element (Big Preview Pic)

Cushman and Wakefield’s Deanna Lobinsky And Chase Kulp Rep Bridge In Two New Lease Deals At Sawgrass Technology Park

CBRE Named Exclusive Leasing Agent For Plantation Office Building

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