Tag Archive for: christina jolley

Butters Construction, PEBB Enterprises, Konsker Development Join Forces To Develop New Class A Office Project In Midtown Boca

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Butters Construction & Development, Inc. (Butters), and PEBB Enterprises, two Boca Raton–based real estate firms with deep roots in the community, along with Konsker Development, are partnering to develop One Midtown, a brand-new Class A office project in one of the city’s most sought-after commercial districts.

Designed to accommodate today’s evolving workplace needs, One Midtown will feature efficient floor plates, high-end finishes and street-level retail that enhances the walkability and vibrancy of the surrounding neighborhood.

One Midtown will include more than 120,000 square feet of Class A office space, along with over 11,000 square feet of ground-floor retail, designed to meet the growing demand for modern, high-quality office environments in Boca Raton. The development offers a central, highly accessible alternative to West Palm Beach and Miami’s urban core markets.

In a strong signal of that demand, One Midtown is already approximately 35% pre-leased.

Butters brings a longstanding track record to the partnership, having built more than 28 million square feet of commercial real estate valued at over $5 billion during its 36-year history. Its notable Boca Raton developments include Boca Village, Boca Ice and Boca Logistics Park.

PEBB is one of South Florida’s most active commercial real estate investment and development firms, with a significant portfolio and history of successful projects throughout Boca Raton and beyond. Over the past decade alone, PEBB has completed more than 5 million square feet of transactions representing more than $3 billion in value. It is currently partnering with BH Group on The Eclipse (redevelopment of the former Office Depot headquarters in Boca Raton) and owns several additional office assets in the city.

“Boca Raton has been our home for decades, and we believe strongly in its future as a premier office market,” said Malcolm Butters, President and Co-Founder of Butters Construction & Development, Inc. “One Midtown reflects the reemergence we are seeing in office real estate across Palm Beach County and pent-up demand for new Class A office space in the city.”

The joint venture comes at a time when office leasing activity is gaining momentum throughout Palm Beach County. In Boca Raton, the demand for new, well-located office space is already evident. The Aletto, a new office project in East Boca, is currently 70% pre-leased.

Butters and PEBB are already in active negotiations with prospective office tenants.

“One Midtown is simply the best office location in the city,” said Ian Weiner, CEO of PEBB Enterprises. “It offers the same quality, connectivity and amenities companies are seeking in West Palm Beach or Miami, but at a far more compelling value. New office leases in those urban core markets are reaching $150 per square foot triple-net, while Boca provides comparable product at substantially discounted rents.”

Christina Jolley, Kevin Carrasco, Tere Blanca, and Danet Linares of Blanca Commercial Real Estate are the leasing representatives for One Midtown. Zach Feldman of PEBB is overseeing retail leasing on the venture’s behalf.

 

Hines’ T3 FAT Village Goes Vertical

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Blanca Commercial Real Estate, in collaboration with Hines, the global real estate investment manager, and Urban Street Development, announced that construction is underway on T3 FAT Village, an innovative office component within the larger 5.5-acre FAT Village development currently under construction at 501 Andrews Avenue in Downtown Fort Lauderdale.

With an anticipated delivery in November 2026, T3 FAT Village is the only new office project of its kind currently rising in the Fort Lauderdale market. The office portion of the master plan marks a significant milestone as the first mass timber office building in the region and sets new standards for sustainability and innovation in South Florida’s commercial real estate landscape.

“With its cutting-edge timber design and unparalleled sustainability, T3 FAT Village is set to become the heartbeat of Fort Lauderdale’s office scene, attracting visionary companies eager to redefine their workspaces,” said Tere Blanca, Founder, Chairman and CEO of Blanca Commercial Real Estate. “It is an honor to play a role in delivering such an innovative project to our community.”

As the only new office building in Fort Lauderdale, T3 FAT Village stands out with its innovative mass timber construction, offering tenants a unique blend of sustainability and modern design that is unmatched in the market. The project is the latest addition to Hines’ acclaimed T3 (Timber, Transit, Technology) portfolio, delivering unparalleled access to transit, cutting-edge design, and a focus on sustainability. Catering to modern businesses seeking collaborative and efficient workspaces, T3 FAT Village underscores Fort Lauderdale’s commitment to progressive development and increased involvement in reshaping the office market in South Florida.

The broader FAT Village development, which broke ground in March 2024, spans 5.6 acres across the vibrant Flagler Village neighborhood. This integrated, mixed-use creative office, retail, and residential urban development celebrates the history and artistic spirit of the area. This dynamic new district will add to Fort Lauderdale’s live-work-play urban environment, introducing curated food and beverage options, entertainment, and art galleries alongside the workplace component.

Conveniently located within walking distance of Fort Lauderdale’s Brightline station, FAT Village provides seamless connections to Miami, Aventura, Boca Raton, West Palm Beach, and Orlando. Its proximity to cultural attractions, the Las Olas corridor, major highways,  Fort Lauderdale-Hollywood International Airport, and Port Everglades add to its appeal as a hub for urban connectivity.

“As the first mass timber office building in the region, T3 FAT Village is not just changing the skyline, it is redefining how we think about workspace design, sustainability, and urban living in Fort Lauderdale,” said Christina Jolley, Senior Vice President & Broward Market Leader at Blanca Commercial Real Estate. “FAT Village combines sustainability, wellness, and accessibility, and is set to become the new center of gravity for Fort Lauderdale,” she added. 

The first phase of the development will feature 180,000 square feet of creative office space in the East Building, along with 600 multifamily residential units spanning over 400,000 square feet. Additionally, experiential retail spaces will anchor the base of every building, encompassing approximately 80,000 square feet, with the total project size reaching over 800,000 square feet.

“T3 FAT Village is more than a building, it is a bold statement about where Fort Lauderdale’s future is headed,” said Alan Kennedy, Managing Director at Hines. “By combining cutting-edge sustainability with innovative design, we are creating a workspace that will set a new standard for the area. As Fort Lauderdale continues to grow dynamically, T3 FAT Village will stand as a benchmark for the next generation of businesses seeking to thrive in a modern, connected, and environmentally conscious landscape,” he added. 

The office component of T3 features a heavy timber design that avoids over a thousand metric tons of carbon dioxide emissions – the equivalent to taking 996 cars off the road – while also supporting sustainable forestry practices by using young trees instead of old-growth timber. Other features include touchless technologies for enhanced hygiene, LEED Gold Certification, and WiredScore Certification, ensuring a best-in-class technology experience.  From panoramic views and private outdoor balconies to a state-of-the-art fitness center and social workspaces, T3 FAT Village delivers the ultimate modern office experience designed for both productivity and wellness. Set to deliver in November 2026, T3 FAT Village is poised to become the epicenter of innovation and sustainability in Fort Lauderdale’s growing office scene.

 

Shutts & Bowen Expansion, Zions Bank Lease Bring The Main Las Olas To 100% Leased

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Blanca Commercial Real Estate announced that The Main Las Olas office component is now 100% leased, twenty four months after receiving its temporary certificate of occupancy with the 3,670 RSF expansion of Shutts & Bowen and new tenant Zions Bank leasing 3,931 RSF of office space.

The property is a 1.4 million-square-foot, mixed-use office, residential and retail community featuring Class A offices, stunning high-end architecture, chic residences and destinations for gathering, dining and shopping. The 25-story property features a 387,402-square-foot tower, 17,355 square feet of total retail space, a 2,951-square-foot fitness center, 3,360-square-foot office lounge and conference center, along with an outdoor terrace featuring a fire pit, bar and glass floor oculus with panoramic views of Las Olas and the beach with event and conference space.

The property’s leasing team is led by Danet Linares, executive vice chairman of Blanca Commercial Real Estate, alongside Christina Jolley, senior vice president; Sky Jones, associate vice president; and Tere Blanca, chairman & CEO.

The Main Las Olas was developed by Shorenstein Properties LLC and Stiles, two real estate leaders with development track records spanning more than a century, and was designed by nationally acclaimed architecture firm Cooper Carry.

Shutts & Bowen was represented by Zach Wendelin and Kevin Probel of CBRE, Inc.

Tenants at The Main Las Olas include financial, legal, real estate and insurance sectors, both relocation and new-to-market, solidifying the continued demand for office space in Fort Lauderdale. Moxies and Fogo de Chão will occupy the anchor retail on the ground floor of The Main Las Olas. Tenants include, among others:

  • JPMC 
  • Marcum
  • RSM 
  • Starr Indemnity
  • Raymond James
  • Cherry Bekaert 
  • Synovus Bank
  • Walker Dunlop
  • Starboard Value

“We are thrilled to reach this milestone,” said Linares, Executive Vice Chairman of Blanca Commercial Real Estate. “Over the last year, flight-to-quality remained at the forefront of all major office moves and the uptick of new-to-market demand translated into the stellar performance of new office developments and top-tier existing Class A office space.”

Shorenstein and Stiles developed The Main Las Olas, anticipating the demand for high-quality, luxury office space with world-class architecture and amenities that differentiate the property as the preferred choice for corporate users and its employees. As the only office building in the region offering businesses a full range of amenities, conference space and ceiling heights and surpassing anything else in the market, The Main Las Olas has been the premier choice for companies migrating to South Florida due to the pandemic.

The Main Las Olas is the first new construction class A office space in downtown Fort Lauderdale in more than a decade, further solidifying Broward County’s downtown core as a major player in the commercial real estate office sector. Low taxes and quality of life compared to other major cities are two of the big factors driving the continued migration to South Florida including downtown Fort Lauderdale, one of the most dynamic and growing urban centers in the region. Well-known companies headquartered in Broward County include AutoNation, Citrix, Spirit, Virgin Voyages, Microsoft’s Latin American headquarters, Royal Caribbean International, Chewy, and Hotwire Communications. Other major companies with a significant presence include American Express, Chiquita, JetBlue, Marriott, and DHL.

“We are extremely pleased with the success of The Main Las Olas, the first luxury office of its kind,” said Charles Malet, President and Chief Investment Officer at Shorenstein. “The property underscores Shorenstein’s continued focus on developing differentiated, best-in-class office properties in attractive and growing markets. As preferences for office spaces continue to evolve, we believe these types of top-quality spaces will remain the desired choice for tenants nationwide.”

 

“Along with our partner Shorenstein, we set out to establish a new bar for luxury urban office, not only in Fort Lauderdale, but in all of South Florida,” said Stiles CEO Ken Stiles. “The Main Las Olas offers a truly distinctive integrated work, life and entertainment experience with an unmatched level of quality, amenities and design. We are proud to have had the opportunity to continue our 72 year track record of quality development with this iconic project.”

 

C&W’s Holding, Belt & Jolley Close 68,000 SF Of Office Transactions

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Cushman & Wakefield’s Broward County Office Tenant Representation team of Jeff Holding, A.J. Belt, and Christina Jolley arranged 10 office transactions in the second quarter totaling 68,024 square feet.

“We are experiencing a once-in-a-lifetime pandemic, yet our clients continue to focus on the future beyond Covid-19, realizing companies still need to maintain an office presence,” Belt said.

The team’s largest transactions during the second quarter are as follows:

  • The team represented Kovack Securities in a 16,769-square-foot renewal at 6451 N. Federal Highway in Fort Lauderdale
  • The team represented a national financial services client in a 14,203-square-foot renewal at 350 E. Las Olas Boulevard in Fort Lauderdale
  • The team represented Perspective One, LLC, in its acquisition of an 11,970-square-foot office building located at 312 SE 17th Street in Fort Lauderdale
  • The team represented Nordic Aviation Capital, Inc in a 10,000-square-foot sublease at 401 E. Las Olas Boulevard in Fort Lauderdale to Ubicquia, LLC
  • The team represented Kubicki Draper on an 8,571-square-foot renewal 13350 Metro Parkway in Fort Myers

“Because of the added unknowns due to the pandemic, demand for our team’s tenant advisory services are at an all-time high as clients seek strategic answers in solving for the future of the office while insuring that they are able to capture the most advantageous economic and flexible terms available in tomorrow’s office market,” Holding added.