Tag Archive for: slider

Colliers International Florida Continues Expansion With Addition Of Seasoned Investment Sales Broker

/in /by

Colliers International Florida announced that Mark M. Rubin has joined the firm as Executive Managing Director based in South Florida. In this role, Rubin will focus on office, industrial, and land investment sales based from the firm’s Boca Raton office.

“As Colliers continues to grow throughout South Florida, Mark is a welcome addition to our capital markets investment sales team,” said Ryan Kratz, President of Colliers International South Florida’s Southeast Region.

Rubin has participated in over $2.5 billion of transactions across all asset classes over the course of his 28-year career. His impressive roster of clients includes institutional investors, high net worth private clients, developers, special servicers, financial institutions and offshore investors in South Florida and beyond. He has earned numerous industry awards and recognitions, including being named a “Heavy Hitter in Commercial Real Estate” by the South Florida Business Journal, NAIOP Broker of the Year finalist and a “Power Broker” by CoStar.

Rubin is an active member of NAIOP, the Business Development Board of Palm Beach County and Leadership Palm Beach County and serves on the advisory board of the Florida Atlantic University Hockey Club.

“I am excited to join Colliers International’s dynamic team of real estate professionals,” said Rubin. “Colliers’ extensive national and international platform will greatly benefit my clients, and I look forward to contributing to the overall success and growth of the company.”

Prior to joining Colliers, Rubin served as a Principal of Avison Young and member of its Florida Capital Markets team. He previously held senior leadership positions with Newmark Knight Frank, Amerivest Group, Savills Studley and JLL.

Rubin earned a Bachelor of Commerce in Administrative Management degree from Concordia University in Montreal and obtained a Master of Science in Real Estate Development and Investment from the Shack Institute at New York University.

Palm Beach Gardens Office Complex Trades For $80M

/in /by

New York-based real estate firm Gatsby Enterprises has acquired DiVosta Towers, a 220K-SF office complex in Palm Beach Gardens.

The sales price was $80 million.

Located at 3825-3835 PGA Blvd., the Class A office complex consists of two 11-story office buildings and 889 parking spaces. The South Tower was completed in 2019 and is approximately 70 percent leased to a tenant roster that consists of JP Morgan and Comiter, Singer, Baseman & Braun, LLP. The North Tower was completed in September.

Jon Blunk at Tower Commercial Real Estate has been tapped to oversee the leasing for both buildings.

The Seller, Gardens Corporate Center LLC, acquired the seven-acre site in early 2015 for $8.5 million and spent the past five years constructing both towers along with the four-level parking garage.

 

Source:  Connect Media

Greenspoon Marder Inks 62,000-SF Office Lease In Fort Lauderdale

/in , /by

Banyan Street Capital and its joint venture partner, funds managed by Oaktree Capital Management, have secured a 61,994-square-foot office lease renewal and restructure with tenant Greenspoon Marder, a national business law firm.

The firm will occupy space at 200 East Broward in Downtown Fort Lauderdale.

The 21-story, 227,158-square-foot office tower sits at the corner of East Broward Boulevard and Third Avenue near a number of retail and restaurant offerings on Las Olas Boulevard. The recently updated office property offers modern amenities, including newly renovated corridors and restrooms, a conference center and on-site cafe as well as views of the Atlantic Ocean and surrounding downtown skyline.

Jonathan Kingsley, Jarred Goodstein and Ilyssa Ettelman of Colliers International represented the landlords in the transaction. Thomas Capocefalo of Savills represented Greenspoon Marder in the lease.

 

Blanca CRE Selected As Exclusive Leasing Agent For The Main Las Olas

/in /by

Blanca Commercial Real Estate has been selected as the exclusive leasing agent for The Main Las Olas, located at 201 E. Las Olas, in downtown Ft. Lauderdale.

Spanning a full city block and slated to deliver in November 2020, the project redefines the city’s epicenter with 1.4 million SF of mixed-use office, residential and retail space that stands alone across South Florida as nothing short of revolutionary. Combining a dramatic and stunning 25-story all-glass design by nationally acclaimed architecture firm Cooper Cary with world-class leading amenities, The Main Las Olas offers nearly 370,000 SF of office space with expansive 12-foot, floor-to-ceiling windows that allow for maximum light, volume, and transparency. Connected to a luxury apartment tower with a Publix GreenWise grocer on the ground floor, the office tower’s outdoor and indoor amenity spaces, conference centers and fitness center rival even the most cutting-edge office spaces found across the region.

The Main Las Olas offers a compelling range of amenities totaling 11,012 SF for its prospective tenants. They include a full-fledged fitness center, office lounges and conference centers, all found on a beautifully appointed 3,303 SF amenity deck and wraparound “Sky Deck” that features panoramic views of Las Olas.

LEED Gold-certified and with a focus on environmental consciousness and the wellness of its occupants, tenants at The Main Las Olas will also enjoy energy efficient, touchless fixtures, electric vehicle charging stations, and a state-of-the-art ionized air filtration system that helps eliminate airborne virus, allergens, and mold particles. The building is inspired by the vibrant culture and energy found in the Las Olas neighborhood and is proximate to the Brightline Ft. Lauderdale Station, which allows it to easily connect with Miami-Dade and Palm Beach, offering tenants the ability to attract and retain top talent from all three counties.

Tenants at The Main Las Olas include the law firms of Akerman and Berger Singerman and holding company BBX Capital.

scott maclaren stiles 375x375“Blanca Commercial Real Estate’s stellar reputation and track record in South Florida speaks for itself,” said Stiles President Scott MacLaren. “We look forward to working closely with their team on our overall leasing strategy as we near completion of this iconic project on Las Olas.”

The Blanca leasing team at The Main Las Olas includes Vice Chairman Danet Linares, Associate Sky Jones with strategic leadership from Tere Blanca.

 

Office Leasing Veterans Join New Firms

/in /by

Pike Rowley, Avison Young Principal and Managing Director of the firm’s operations in Florida, announced the appointment of Paul Marko as Avison Young Principal.

Marko will be focused on serving and advising office occupiers in South Florida.

“Office occupiers are facing major decisions about their office needs and workforce,” said Rowley. “With exceptional industry expertise and market knowledge, Paul is positioned to provide clients with data-driven insights and solutions that meet their business needs.”

This year, the South Florida office market has seen overall rent growth begin to decelerate due to an increasing supply pipeline, and a record amount of office space under construction with significant deliveries expected by year end. At the same time, companies are taking an active holistic and strategic view of office footprints in a post-pandemic world to meet the expectations of their workforce and business needs.

“Avison Young is a great match for my skill set; its recent expansion of consulting across the Americas and investment in technology and innovation will help drive my ability to use data and analytics to fuel insights for the companies and industries I serve,” said Marko. “The firm’s culture of collaboration, integrated services and client-centric approach are consistent with my own business approach, helping to provide solutions to clients for the issues of today and tomorrow.”

Marko has more than 30 years of experience in commercial real estate across office tenant representation, buyer broker services, lease/portfolio administration, project management and consulting. He joins Avison Young after eight years at Stiles Realty, where he served as President overseeing the leasing and sales division. Prior to Stiles, Marko served as First Vice President at CBRE in Ft. Lauderdale in the firm’s global corporate services and office tenant advisory services groups. He is a graduate of Florida Atlantic University.

CBRE announced that industry veteran Madelayne Garcia has joined the firm as senior vice president of Advisory and Transaction Services, specializing in office landlord representation across South Florida. Ms. Garcia joins CBRE with more than 25 years of commercial real estate experience.

“We are thrilled to welcome Madelayne to our South Florida team,” said David Bateman, Managing Director at CBRE. “She brings a wealth of experience, and we are confident that her contributions will continue strengthening and expanding our capabilities in landlord representation in our region.”

Ms. Garcia joins CBRE from Stiles Realty, where she was since 2001. Prior to Stiles, Ms. Garcia was the Director of Leasing at The Hogan Group. During her tenure at The Hogan Group, she represented Royal Palm at SouthPointe, a joint venture between The Hogan Group and Credit Suisse First Boston.

Ms. Garcia has won several awards throughout her career, including CoStar Power Broker Award from 2006 to 2019, the Florida Real Estate Journal’s Top Woman in Commercial Real Estate Award, Daily Business Review’s “Top Dealmaker of the Year – Leasing”, among others.

 

Stiles’ Norm Adams Represents First ‘Virtual’ Lease Transaction To Relocate Tenant HQ From NYC To Downtown Fort Lauderdale

/in , , /by

Stiles Senior Vice President Norm Adams overcame the challenges of leasing in a COVID-19 world, utilizing technology and a wealth of online tools to get a new tenant signed despite the tenant never seeing the space in person.

Through a series of livestream video conferences, virtual tours and presentations, and electronic brochures, Adams and Senior Associate Sheila Roux conducted the showings and negotiations to attract TruCapital Partners FL, Inc. into a three-year sublease for 4,176 square feet at Broward Financial Center in Downtown Fort Lauderdale.

TruCapital Partners FL, Inc. is relocating its corporate headquarters from Manhattan to Fort Lauderdale. Paul Levine of Commercial Space Realty represented the subtenant.

“In this new environment, we used technology to find new ways to show space and process transactions,” Adams said.  “This lease was completely negotiated and inked before the tenant ever stepped foot in the space. The new tenant got a close look at everything from the layout of furniture to IT racks and connections so phones and computers could be ordered before arriving in Fort Lauderdale.”

 

Roux added, “We walked the entire space on FaceTime focusing on areas of importance to the tenant. Appropriately, as the space itself is a high-tech, plug-and-play office formerly occupied as prior HQ for JetSmarter, a private aviation software company.”

Stiles is a 69-year-old, full service commercial real estate firm headquartered in Fort Lauderdale.