Tag Archive for: peyton moore

Avison Young Fills 60,000 SF At Office Tower In Cypress Creek Market

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Avison Young completed 60,000 square feet of office lease transactions at Trade Centre South, a 215,000-square-foot class A office project located in the Cypress Creek submarket of Broward County, at 100 West Cypress Creek Rd.

Avison Young’s Greg Martin, Principal, and Peyton Moore, Vice President, facilitated the transactions on behalf of the landlord.

Several lease agreements at the building demonstrate the trend of office tenants relocating from Downtown Fort Lauderdale and/or expanding within Cypress Creek for quality, cost-effective space.

Recent lease agreements secured by the agency leasing team at Trade Centre South include:

  • a new 20,125-square-foot lease with the Broward Metropolitan Planning Organization for its new headquarters which will facilitate its day-to-day operations, board meetings, and community hearings.
  • a new 4,703-square-foot lease with Whitehouse Engineering.
  • a new 4,395-square-foot lease with AFLAC.
  • a new 2,702-square-foot lease with Paradise Cruises.
  • a new 6,834-square-foot lease with Imperial Brands which represents an expansion and relocation from Downtown Fort Lauderdale.
  • a new 5,049-square-foot lease with Moffa, Sutton, & Donnini which represents an expansion and relocation from Downtown Fort Lauderdale.
  • a 3,390-square-foot lease with new-to-market tenant JDI Data.
  • a 2,029-square-foot lease renewal with American Friends of Hebrew University.
  • a 4,460-square-foot expansion and renewal of Cequint’s previous 5,615-square-foot space for a total of 10,075 square feet.
  • a 2,704-square-foot lease renewal with Triumph Staffing.
  • a 4,290-square-foot lease renewal with ACE/Jiffy Lube.

“Significant increases in rental rates in Downtown Fort Lauderdale are pushing some tenants to evaluate suburban office opportunities,” said Martin. “Trade Centre South provides great value and quality amenities to tenants with an onsite Tri-Rail station, free structured parking, a class A office environment and finishes, all at suburban rental rates significantly lower than the Downtown Fort Lauderdale area.”

One of Cypress Creek’s largest blocks of contiguous space totaling approximately 38,000 square feet is currently available on Trade Centre South’s fifth floor.

Spanning ten stories, Trade Centre South is conveniently located at the crossroads of Interstate-95 and Cypress Creek Road, approximately 15 minutes from the Fort Lauderdale-Hollywood International Airport. Additionally, the property offers a prestigious corporate neighborhood with restaurants, hotels, and nearby amenities.

AY’s Martin & Moore Awarded Pinnacle Corporate Park Leasing Assignment

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Avison Young has been awarded the exclusive leasing assignment for Pinnacle Corporate Park, a 260,000 square foot two-building office campus located at 500 and 550 West Cypress Creek Road in Fort Lauderdale.

Currently 84 percent occupied, the Park is one of the most highly sought after office locations in the Cypress Creek submarket, and brings Avison Young’s total square footage of Florida leasing assignments retained over the past 12 months to more than 425,000 square feet.

Principal Greg Martin and Senior Associate Peyton Moore with Avison Young’s Fort Lauderdale office will oversee the leasing activities for Pinnacle Corporate Park on behalf of the new ownership investment group led by Miami-based Banyan Street Capital and New York-based DRA Advisors.

The acquisition, which took place in November, is the second notable office building sale to close in the area recently, representing an uptick in investor activity within the steadily recovering Cypress Creek submarket.

“The exclusive leasing assignment of Pinnacle Corporate Park is a direct result of our effective approach to marketing the unique attributes of properties to retain and attract tenants,” said Martin. “Working with ownership, we plan to maintain the current success of the Park by identifying potential tenants positioned for the long-term.”

“With Broward County’s increase in employment, declining vacancy rates, and office building construction at a stand-still due to the lack of available land, the search for quality office space is prevalent among growing companies,” added Martin. “Pinnacle Corporate Park’s premier location and value in the market will allow us to secure gold-standard tenants within the buildings.”

 

 

Avison Young Loses One, Gains One

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In the latest round of industry musical chairs, Avison Young’s South Florida office is even in recent arrivals and departures at the commercial real estate services firm.

David Bateman, who served as Director of Leasing for Avison Young since April 2012, parted ways last month. Although unnamed sources have reported that Bateman has relocated to Jacksonville, Bateman’s LinkedIn profile states his location as Austin, Texas.

Prior to his stint with Avison Young, Bateman represented Miramar Park of Commerce for Sunbeam Properties.

With Bateman’s departure, however, comes a new arrival for Avison.

After four years with Colliers International South Florida, Peyton Moore has joined Avison Young as Senior Associate, where he will represent owners of class A office properties in South Florida.  Moore will partner with Greg Martin, Principal.

Colliers’ Bonsignore & Moore Win Crown Center Leasing Assignment

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Colliers International South Florida’s Senior Commercial Associates Sal Bonsignore, CCIM and Peyton Moore, MBA have been appointed the exclusive leasing agents for the  +/- 470,000-square foot Crown Center office campus located at 1201-1475 W. Cypress Creek Road in Fort Lauderdale, Florida.

The Crown Center campus consists of six buildings, and is home to numerous large corporate tenants including Parkson Engineering, CBS Interactive, Sanford-Brown, Cruise One, and Brown & Brown Insurance. The property is attractive to both corporate offices and back office operations because of its strategic location, ample parking and diversity of space configurations.

“The owners are well capitalized and prepared to offer aggressive lease rates and turnkey build outs for qualified tenant,” says Moore. “Crown Center’s ownership and management team operate a first class office campus,” adds Bonsignore. “We are truly excited to be part of their team.”

Crown Center recently achieved LEED Silver certification for its 1451 building, the third building within the campus to be awarded LEED certification, making the office property the only “for profit” LEED Certified campus within the State of Florida.

Randy Johnson Takes Over Leasing At 1200 Corporate Place

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Randy Johnson, Regional Director with Keystone Property Group, is now representing the leasing for 1200 Corporate Place, located at 1200 North Federal Highway in Boca Raton.

The building’s leasing efforts were being led by Robert Listokin and Peyton Moore of Colliers.

The four-story, 137,021-square-foot office building is 90% occupied, according to CRE-sources.

After a tenure of just over ten years with Liberty Property Trust, Randy Johnson joined Keystone as Regional Director back in July.  He is responsible for the Southeast Region.

Randy is officed in 1200 Corporate Place, a property acquired by Keystone for $15 million in June, 2011.