The Riverside Wharf is designed to span 200,000 square feet and include a 30,000-square-foot nightclub, a rooftop pool day club, a 12,000-square-foot event hall, and 16,000 square feet of signature restaurant space.
The seven-story, 126,000-square-foot development is purpose-built for family offices, private equity firms, hedge funds and other high-net-worth organizations that require discretion without sacrificing connectivity.
A prominent 21-story office tower in downtown Fort Lauderdale has changed hands, with its new owner planning extensive upgrades to reposition the property in an increasingly competitive office market. The acquisition adds to a growing portfolio of South Florida investments.
The lease renewal and expansion totals 27,879 square feet.
The 286,890-square-foot office property also secured $82.1 million in buyer financing from City National Bank of Florida.
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Steve Medwin, Nick Wigoda and Dean Katz of Stream Realty Partners represented the tenant in the transaction.
In her new role, Nancy Palazzo, CPM® will support Berger Commercial Realty’s property management operations, drawing on her experience in portfolio oversight, financial management, tenant relations and operational strategy to enhance service delivery and maximize long-term asset performance for property owners.
Current project materials advertise fourth-quarter 2026 occupancy across two 76,902-square-foot buildings, with tenant spaces starting at approximately 25,000 square feet.
The office building portfolio totals 354,376 square feet across 23.1 acres.