Two companies have committed to space within Fort Lauderdale’s pioneering mass timber office project, marking an important leasing milestone for the emerging mixed-use district.
Upon completion in 2028, the eight-story, approximately 200,000-square-foot development will deliver premier office and retail space to the PGA corridor, where there are no other new office projects in the pipeline. Construction is scheduled to begin August 2026.
A recently completed industrial property near the Florida Turnpike has secured a long-term tenant, adding another major logistics commitment to Miami-Dade County’s active warehouse market.
The transaction was arranged by a Cushman & Wakefield team led by Roberto Pesant, Jose Mota and Wouter Lips, who represented both the seller and the buyer.
The purchase equates to roughly $296 per square foot.
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The property occupies an entire city block.
The property sold for $40 million.
The team secured the financing through Wells Fargo.
The park is approved for seven industrial and flex buildings totaling over 530,000 square feet.