Tag Archive for: sandra andersen

JLL Closes Leases With Two Tenants Totaling 22,000 SF

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JLL announced the closing of a lease renewal with long-time tenant TD Bank and a new lease with Allied Integrated Marketing totaling 22,000 square feet of office space at Cypress Financial Center, a 198,528-square-foot class A office building in Fort Lauderdale.

The property, located at 5900 N. Andrews Ave., is owned by Steelbridge Capital, a privately held, value-focused real estate investment company based in Miami and Chicago.

Sandra Andersen, Senior Vice President at JLL, represented Steelbridge Capital in both transactions.

Existing tenant TD Bank renewed its 16,675-square-foot lease and was represented by CBRE Senior Vice President Mathew J. Saker, CBRE Vice President John Jaspert and CBRE Transaction Manager Caroline C. Barone.

Allied Integrated Marketing signed a new lease consisting of 5,325 square feet and will occupy the eighth floor of the building. Allied Integrated Marketing is a full-service agency with 22 offices working with the world’s largest entertainment, culture and lifestyle brands. The tenant was represented by Bob Orban, Senior Vice President, and Tyler Wyant, Associate, at Savills Studley.

“Cypress Financial Center is situated at the geographic center of South Florida, making it the most accessible location to the region’s six million residents, an attractive factor for companies seeking office space,” said JLL’s Sandra Andersen. “The property underwent extensive renovations last year, which has contributed to attracting and retaining top-quality tenants who are seeking an office location with high-end finishes and downtown prestige in a convenient uptown location.”

Cypress Financial Center is the only office complex in South Florida with a direct on-ramp to I-95. Recently completed renovations include upgrades to the lobby and select common areas, complete tower and garage elevator modernization, exterior painting and sealing, replacement of monument and directional signage, new landscaping and exterior lighting.

 

JLL Tapped To Lease 200,000 SF Cypress Financial Center

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Steelbridge Capital has selected JLL  to exclusively lease and market their newly acquired asset, Cypress Financial Center, a 198,528-square-foot office building located in Fort Lauderdale.

JLL’s Sandra Andersen, Senior Vice President, and Associate, Chase Kulp, will lead an aggressive leasing effort at the uniquely positioned office building located at 5900 N Andrews Ave.  With excellent highway signage visibility from Interstate 95, Cypress Financial Center is the only building in South Florida with direct ramp access to the highway.

Steelbridge Capital, a privately held, real estate investment company based in Miami and Chicago, acquired the office building in mid-September with the sole objective of re-establishing Cypress Financial Center as the premier office building in the Cypress Creek corridor.

The ownership has outlined a rapid capital improvement program that will focus on significantly upgrading the lobby and common areas, modernizing the elevators and other mechanical enhancements, as well as a complete renovation of the exterior and landscaping features, all designed to return it to its status as one of the pre-eminent office buildings in Broward County.

“We’ve established a great relationship with Steelbridge Capital over the years, and firmly believe we can duplicate the prior leasing success JLL had with this asset,” said JLL Senior Vice President Sandra Andersen. “Our leasing strategy will focus on reintroducing the asset to the market by emphasizing the new ownership and the significant capital investment they are making to restore the building as the marquee property in Cypress Creek and the ideal alternative to Downtown Fort Lauderdale.”

Major tenants at the office tower include global insurance provider MetLife, BDO, TD Bank and commercial real estate brokerage firm Marcus & Millichap.

JLL Grows Broward Office Team

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JLL announced the addition of Chase Kulp as Associate Broker in the firm’s Fort Lauderdale corporate office to specialize in office agency brokerage.

In his role, Kulp will work closely with JLL Senior Vice President Sandra Andersen in completing office real estate leasing transactions and offering landlord and tenant representation services.

“As the firm continues to grow, the addition of Chase is an asset to our team, as he has experience in the local public sector and commercial real estate industry,” said JLL South Florida Managing Director Steven Medwin. “The company will offer the tools for Chase to continue to hone his skills and gain further experience and expertise to build his career at JLL.”

Before joining JLL, Kulp held the position of Business Development Assistant at the Greater Fort Lauderdale Alliance, Broward’s official public-private partnership for economic development. In this capacity, he worked on business development projects and the management of real estate and geographic information databases and built relationships with both local business leaders and government officials in Broward County. He has also previously worked for members of the US Congress in Washington, D.C. and more recently on a Florida US Senate campaign in 2012.

He earned a Bachelor of Science and a Bachelor of Arts from Florida Atlantic University in Boca Raton. Kulp currently has a Florida Real Estate Sales Associate License and will be pursuing a broker’s license in the near future. He is on the board of Emerge Broward, a program of the Leadership Broward Foundation, serves on the board of the Greater Fort Lauderdale Chamber of Commerce’s Young Professionals Committee, NAIOP’s Developing Leaders Committee, and Urban Land Institute’s Young Leaders Group.

Sandra Andersen Inks 65,000 SF Deal At 200 East Broward

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Greenspoon Marder has leased four floors at 200 East Broward Blvd., one of downtown Fort Lauderdale’s tallest office buildings. The firm will move all attorneys downtown, keeping portions of its Cypress Creek area office for support staff.

The new 64,964-square-foot lease expands what was formerly Ruden McClosky’s space in the tower. Greenspoon acquired Ruden’s book of business and many attorneys out of bankruptcy in November 2011.

Greenspoon has more than 160 attorneys in 10 Florida offices.

“We wanted to align our space needs with our business goals by bringing our lawyers closer to many of our corporate and banking business clients in downtown Fort Lauderdale,” co-founding partner Gerry Greenspoon said in a news release.

Sandra Andersen, senior VP for Jones Lang LaSalle, completed the lease on behalf of the building’s ownership, VV USA City, LP., an entity represented by Invesco Real Estate.

Greenspoon Marder was represented by Studley corporate managing director Thomas Capocefalo  and executive VP Gregory Katz.

According to Jones Lang LaSalle, the occupancy rate at the 21-story class A office building rises to 87 percent, with other tenants including PNC Bank and law firms Shutts & Bowen and Weiss Serota Helfman Pastoriza Cole & Boniske.

“This transaction is a testament to the strengthening of the office market in the CBD, particularly along Broward Boulevard, as law firms like Greenspoon Marder look to solidify their presence in the Central Business District,” Andersen said in the news release.

Financial terms were not disclosed.

 

Source: SFBJ

 

Is AtlanTech Tower Now Being Repped By ComReal?

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If there’s one thing that hasn’t changed in the commercial real estate world, it’s rumors.

Rumor has it that AtlanTech Tower, located at 6451 N. Federal Highway in North Lauderdale has changed hands, and is now being represented by ComReal.

Alice Lucia, Sandra Andersen and Peter Sheridan of Jones Lang LaSalle have been leading the leasing efforts for the 12-story, 413,426 office property.  It is currently approximately 70% occupied.

New Boston Fund acquired the property in early 2008 for a reported $63 million.