Tag Archive for: lake shore plaza ii

Century Cruise Line Inks 7,000-SF Lease In Sunrise

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Lake Shore Plaza II, a premier Class A office building located at 1300 Concord Terrace in Sunrise, has welcomed its newest tenant, Century Cruise Line, which has signed a lease for 7,197 square feet of office space.

The transaction was facilitated by Chris Gallagher of Blanca Commercial Real Estate, who represented the landlord in the deal. Marshall Chandler and Gus Martinez of CMV Commercial / The Martinez Team represented Century Cruise Line in securing their new South Florida office.

Strategically positioned in the thriving Sawgrass Corporate Park, Lake Shore Plaza II offers modern amenities, ample parking, and convenient access to I-75, I-595, and the Sawgrass Expressway, making it an ideal location for corporate tenants seeking Class A office space in Broward County.

“Century Cruise Line was looking for a location that aligned with their growth and brand identity, and Lake Shore Plaza II checked all the boxes,” said Chandler. “The building offers both visibility and functionality, which made it a natural fit for their operational expansion.”

The property continues to attract high-profile tenants with its combination of location, quality, and on-site amenities.

 

Stiles Realty’s Madelayne Garcia Renews T-Mobile, New York Life At Lake Shore Plaza II

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Stiles Realty, a division of the full-service commercial real estate firm, Stiles, announced lease renewals for T-Mobile and New York Life Insurance Company at Lake Shore Plaza II.

Stiles Realty Senior Vice President Madelayne Garcia represented the landlord in the transactions. Mitchell Millowitz of NKF and Cameron Tallon of JLL represented T-Mobile and New York Life respectively.

Lake Shore Plaza II

Lake Shore Plaza II

T-Mobile renewed its 21,104 SF office space while New York Life signed a renewal for its 32,942 SF space. Located at 1300 Concord Terrace in Sunrise, Lake Shore Plaza II is a 128,470 SF Class A office building in the heart of Sawgrass Corporate Park. The LEED Silver certified building is located along the Sawgrass Expressway, minutes from shopping, dining and entertainment, including Sawgrass Mills Mall, IKEA, and BB&T Center.

“We are pleased that established global brands such as T-Mobile and New York Life continue to put their trust in us for their office needs,” Garcia said. “These renewals further illustrate the attractiveness of Lake Shore Plaza II for both existing tenants looking to renew as well as new firms moving into the area.”

T-Mobile provides wireless voice, messaging, and data services and operates the third largest wireless network in the nation with more than 65.5 million customers and annual revenues of $32 billion.

New York Life, a Fortune 100 company founded in 1845, is the largest mutual life insurance company in the United States and one of the largest life insurers in the world. New York Life’s family of companies offers life insurance, retirement income, investments, and long-term care insurance.

International Digital Consultant Firm Inks 20,000 SF Lease

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Stiles Realty is pleased to announce a new lease signing as well as a pair of lease renewals at Sawgrass International Corporate Park in Sunrise.

Synechron, Inc., a $500 million international digital consulting firm, signed a lease for 19,683 square feet while insurance firm MacNeill Group renewed its lease for 37,818 square feet at Sunrise Corporate Plaza. Additionally, Emerson renewed its lease for its 17,065-square-foot Latin American headquarters at Lake Shore Plaza II.

Senior Vice Presidents Madelayne Garcia and Tom Kates handled the leasing for Stiles Realty, a division of the full-service real estate development firm, Stiles.

Sunrise Corporate Plaza (107,748 SF) and Lake Shore Plaza II (128,470 SF) are Class A office buildings featuring impact-resistant windows, lakefront views and outdoor courtyards. Both are located within Sawgrass International Corporate Park, just one mile from the Sawgrass Mills Mall and BB&T Center with convenient access to I-75, the Sawgrass Expressway and I-595.

“The addition of Synechron as well as the renewals of MacNeill and Emerson continue to affirm Sunrise Corporate Plaza and Lake Shore Plaza II as attractive office locations for top national technology and professional service firms,” Garcia said.

Headquartered in New York City, Synechron has more than 8,000 employees operating in 18 countries. Synechron provides a wide range of digital consulting services from strategy and UX to marketing science and development. The 89-month lease is valued at $4.6 million. Tenant representative was Tony Jones of Cushman & Wakefield.

A member of the Team Focus Insurance Group, MacNeill Group’s 130-month renewal is worth $40 million. MacNeill was established in 1946 and works exclusively with top-rated property and casualty (P&C) insurance companies specializing in commercial, personal, transportation and flood lines, and provides independent agents throughout the Southeast. Robert Listokin of Colliers lnternationalrepresented the tenant in the lease negotiations.

A 128-year-old global automation technology and software company, Emerson provides technologies and strategies for customers in manufacturing industries such as oil and gas, power, chemical, life sciences and others. The company has 76,500 employees across the globe and revenues over $25 billion. The renewal is for 65 months at a value of $3.1 million. The national tenant representative was Patrick Fitzgerald of Axiom Advisory Group while Zach Talbot of Cresa South Florida was the local tenant representative.

Cornerstone Buys Sunrise Office Building For $32M

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The Lake Shore Plaza II office building in Sunrise has traded for $32 million.

A company managed by Fort Lauderdale-based Stiles sold the 1300 Concord Terrace building to TR Lake Shore Plaza on Dec. 17, according to Broward County records. The county recorded the transaction on Thursday.

TR Lake Shore is managed by Connecticut firm Cornerstone Real Estate Advisers, which has had a busy month.

Cornerstone partnered with Boca Raton-based Crocker Partners on the $71 million acquisition of downtown West Palm Beach office building Esperante Corporate Center. That purchase closed on Nov. 26.

No financing was recorded for the Lake Shore purchase.

The 128,000-square-foot building was completed in 2008 on nearly nine acres. Tenants include Global Medical Management and Travel Insurance Center.

Another Stiles-managed company sold the Gateway at Sawgrass retail center in Sunrise for $16 million earlier this month.

 

Source:  The Real Deal

Mady Garcia Negotiates 9,500 SF Expansion

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Emerson, a global manufacturing and technology company, announced its second expansion in two years of its Latin operations in South Florida.

According to Stiles Realty director of leasing, Madelayne Garcia, who represented the landlord, Emerson will expand by 9,500 square feet, where it already has 18,000 square feet at Stiles’ Lake Shore Plaza II office building.

Emerson said it will invest $400,000 to renovate the newly leased space and create about 20 new jobs. The renovation will be designed by Stiles Architectural Group and managed by Stiles Tenant Improvement Services.

Lake Shore Plaza II is a 130,000-square-foot multi-tenant office building located in Sawgrass International Corporate Park at the intersection of I-75 and I-595 and the Sawgrass Expressway. The building is certified LEED Silver by the U.S. Green Building Council and boasts numerous energy-efficient and environmentally friendly features, including an indoor air quality system, water-conserving features, recycling program, pest management system, and preferred parking for hybrid and energy efficient vehicles.