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Levy Realty Advisors’ Silberling Inks 3 Lease Deals At Cypress Creek Office Building

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Levy Realty Advisors and South Florida Innovative Office, LLC (SFIO) are pleased to announce three new leases totaling 9,471 square feet at Prisma at Cypress Creek, located at 1000 NW 65th Street in Fort Lauderdale.

Ken Silberling, Sr. Vice President, Brokerage & Tenant Representation with Levy Realty Advisors, represented both Landlord and Tenant on the following leases of 2,928 square feet to Universal Healthcare Advisors, LLC and 3,609 square feet to QOL investments LLC, while SFIO handled the expansion of Alternative Funding Group Corp. to 2,934 square feet. The property is currently 95 percent leased.

Prisma at Cypress Creek-1000 NW 65th Street

“The activity is the result of responsive hands-on leasing and management,” said Silberling. “While my clients acquired the building in March at the outset of the COVID Crisis, we decided to move forward with an aggressive program to renovate and market the property. The result is a completely updated boutique building in the heart of Fort Lauderdale’s Cypress Creek market. Prisma’s modern design and floor to ceiling glass appeal to the technology, healthcare and financial firms in the market.  By responding to tenant needs and assembling a great team of leasing, management and onsite concierge services, we are achieving positive results in these challenging times.”

“We still have space to fill,” added Silberling.  “But I am optimistic that our team approach will continue to win over prospective tenants.”

Prisma can currently accommodate tenants from 1,831 to 5,319 square feet.

Silberling was named exclusive leasing agent for the renamed Prisma at Cypress Creek in May 2020.

The 39,235-square-foot, three-story office building was purchased in March by South Florida Innovative Office, LLC, a division of Maynada Real Estate Advisors.

 

Levy Realty Advisors Tapped To Lease Cypress Creek Office Building

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Levy Realty Advisors has been named exclusive leasing agent for the renamed Prisma at Cypress Creek.

Ken Silberling, Senior Vice President at Levy, will be marketing the property on behalf of the owners.

The 38,707-square-foot, three-story office building was purchased in March by South Florida Innovative Office, LLC, a division of Maynada Real Estate Advisors.   It is located at 1000 NW 65th Street just off Cypress Creek and Powerline Roads in Fort Lauderdale’s Uptown market. The property features floor to ceiling glass and individually controlled air-conditioning.

Prisma at Cypress Creek-1000 NW 65th Street

“My clients, Maynada Real Estate Advisors, are excited to enter the South Florida market,” commented Silberling. “Although they closed the deal at the onset of the coronavirus lockdown in March, they are committed to growing their presence in the South Florida market and are highly optimistic about the market and the property in the long term. Renovation has commenced on the common areas to create a contemporary boutique office environment.”

“This is kind of a homecoming for me,” continued Silberling, who got his start in commercial leasing and investment in the Cypress Creek market. “Cypress Creek has always benefitted from its proximity to I-95 and the ability to service clients and draw employees from Miami-Dade, Broward and Palm Beach Counties. I also believe it provides the best office space value in South Florida. While I love what’s happening downtown, you can lease quality space uptown for half the price and parking is free which can save another $3 or more per square foot  – and you don’t have to deal with Broward Boulevard at rush hour.”

Availabilities range from 1,650 to 3,850 square feet and the new owners are taking an aggressive and proactive approach to renovating and leasing the building. 3D Virtual tours, floorplans and leasing information can be found at https://prismacypress.com/.