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TCRE And Alliance HP Complete 17 Office Leases At Fort Lauderdale’s One Financial Plaza

October 9, 2022/in Done Deals, News/by SFOBA STAFF

The leases, which include six new-to-market tenants, two market relocations and numerous lease renewals and expansions, bring the building to over 92 percent occupancy.

Class A Office Tower On Las Olas Blvd. Achieves Coveted LEED Platinum Certification

October 3, 2022/in News/by SFOBA STAFF

Platinum is the highest level attainable by the USGBC, showing exemplary leadership in sustainable building practices.

TCRE And Alliance HP Complete 17 Office Leases At Fort Lauderdale’s One Financial Plaza

October 9, 2022/in Done Deals, News/by SFOBA STAFF

The leases, which include six new-to-market tenants, two market relocations and numerous lease renewals and expansions, bring the building to over 92 percent occupancy.

Class A Office Tower On Las Olas Blvd. Achieves Coveted LEED Platinum Certification

October 3, 2022/in News/by SFOBA STAFF

Platinum is the highest level attainable by the USGBC, showing exemplary leadership in sustainable building practices.

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TCRE And Alliance HP Complete 17 Office Leases At Fort Lauderdale’s One Financial Plaza

October 9, 2022/in Done Deals, News/by SFOBA STAFF

TCRE, a full-service commercial real estate brokerage in South Florida, announced 17 lease transactions in 2022 totaling approximately 52,000 square feet at One Financial Plaza, a 283,000-square-foot, 28-story Class A office tower located at 100 SE 3rd Ave. in the Central Business District of Downtown Fort Lauderdale.

The leases, which include six new-to-market tenants, two market relocations and numerous lease renewals and expansions, bring the building to over 92 percent occupancy. Laurel Oswald, Jon Blunk and Cristina Glaria of TCRE exclusively represent the landlord, Alliance HP. The building is professionally managed by CP Group.

“The market is changing; With numerous new residential towers on the north side of downtown, the brokers in the market and their tenants are recognizing the convenience of our location, and the building’s top-notch amenities including the Tower Club continue to make One Financial Plaza the destination of choice,” stated Ira Bergstein, Director of Leasing, Alliance HP.

“Leasing activity was largely driven by the building’s extensive amenity offerings as well as the Landlord’s hands-on approach and focus on delivering the best possible tenant experience at the building,” added Laurel Oswald, executive director, TCRE.

The new-to-market leases include the following:

STEMCOR, a British steel trading and distribution company, has leased 3,465 RSF; Represented by Adam Talbot, CRESA.
AGI Capital has leased 2,091 RSF; Represented by AJ Belt and Jeff Holding, Cushman Wakefield.
RVM Enterprises has leased 3,465 RSF; Represented by Steve Hyatt, Berger Commercial.
Rockwave Capital, a New York-based investment firm, has leased 1,262 RSF.
Xplore Group, relocating from Miami, has leased 1,065 RSF; Represented by Walter Robinson, Robinson Commercial.
Meirowitz & Wasserberg, LLP, a New-York-based personal injury law firm, has leased 1,694 RSF.

Two notable in-market relocations include:

Oppenheimer, a global full-service brokerage and investment bank, has leased the full 21st floor totaling 11,213 RSF (in-market relocation); Represented by Adam Bernstein and Barbara Black, JLL.
Silverman Schermer law firm has moved its office at 401 E. Las Olas Blvd. to occupy 3,400 RSF; Represented by Kim Barbar, Stiles.

TCRE has also secured 22,452 RSF of renewals and expansions for existing tenants. These include:

Cohen Blostein & Ayala PA has expanded and renewed 5,414 RSF; Represented by Mark Goldstein, Jasper Realty.
Advanced Recovery Systems (ARS) has renewed 7,800 RSF; Represented by Thomas Capocefalo, Savills.
Insperity HR Solutions has renewed 4,725 RSF; Represented by Zach Wendelin, CBRE.

One Financial Plaza is a landmark building in the heart of downtown Fort Lauderdale. Originally constructed in 1972, the building has completed a multi-million-dollar renovation program. The ground floor lobby and retail spaces have been modernized, and the east building entrance was completely redesigned. A high-end fitness center and conferencing facilities add to the daily comforts and conveniences, and the exclusive Tower Club located on the top floor boasts sweeping views of downtown and the Atlantic Ocean, a fine dining restaurant, bar and lounge, meeting rooms and event space.

The office tower is conveniently located two blocks from Las Olas Boulevard, a shopping, dining and cultural destination with a plethora of restaurants within walking distance from the property. The building offers easy access to US-1, I-95 and I-595 and is minutes from the Fort Lauderdale/Hollywood International Airport and Fort Lauderdale’s Brightline train station.

Class A Office Tower On Las Olas Blvd. Achieves Coveted LEED Platinum Certification

October 3, 2022/in News/by SFOBA STAFF

Stiles Property Management and PGIM Real Estate announced that 200 East Las Olas, a 21-story mixed-use Class A office tower in the downtown Fort Lauderdale central connectivity district, has achieved LEED Platinum certification. LEED (Leadership in Energy and Environmental Design), developed by the U.S. Green Building Council (USGBC), is the most widely used green building rating system in the world and an international symbol of excellence. Platinum is the highest level attainable by the USGBC, showing exemplary leadership in sustainable building practices. 200 East Las Olas is managed by Stiles Property Management, the property management division of the Southeast-based full-service development firm Stiles, and owned in partnership by Stiles and PGIM Real Estate, the $206.8 billion real estate investment and financing business of global asset manager PGIM.

“Green buildings provide strong financial incentives to both owners and tenants to reduce utility bills in the face of rising energy costs,” commented Stiles Property Management President Chris Rotolo. “Cultivated from decades of development and ownership experience, our sustainability program is one of the most effective in reducing building operating expenses while maximizing the value and performance of buildings. As a result of our initiatives, we are proud to report that our clients generally achieve a ten percent reduction in operating expenses only 30 days after we take over an assignment.”

200 East Las Olas achieved LEED certification for implementing practical and measurable strategies and solutions in areas including water savings, energy efficiency, materials selection and indoor environmental quality. The rating system evaluates environmental performance from a whole building perspective over a building’s life cycle, providing a definitive standard for what constitutes a “green building.”

“Driven by a core belief that corporations have a responsibility to their local community and the global environment, Stiles has consistently taken a strong, proactive approach to resource conservation, waste reduction, environmental protection, and sustainability with its use of state-of-the-art technology,” stated the USGBC report to Stiles.

The management team on 200 East Las Olas consists of Senior Property Manager Paige Miller, Assistant Property Manager Daychelle Trim, Building Engineer Lance Keller, and Maintenance Technician Musset Pierre. Developed by Stiles in 1989, 200 East Las Olas was the first Class A office project to be erected on Las Olas Blvd. The 21-story mixed-use office tower features panoramic views of downtown, the ocean and the New River. The property has undergone several renovations, the most substantial of which took place in 2018 and included lobby, lighting, elevator, and interior design upgrades.

According to USGBC studies, energy savings for green buildings average 25% over conventional buildings, which equates to annual savings of $135,000 for a typical 200,000 square foot office building. In addition, some of the same green design features that make buildings less expensive to operate also result in more contented, productive and healthy workers.

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TCRE And Alliance HP Complete 17 Office Leases At Fort Lauderdale’s One Financial Plaza

Class A Office Tower On Las Olas Blvd. Achieves Coveted LEED Platinum Certification

TCRE And Alliance HP Complete 17 Office Leases At Fort Lauderdale’s One Financial Plaza

Class A Office Tower On Las Olas Blvd. Achieves Coveted LEED Platinum Certification

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TCRE And Alliance HP Complete 17 Office Leases At Fort Lauderdale’s One Financial Plaza

Class A Office Tower On Las Olas Blvd. Achieves Coveted LEED Platinum Certification

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