In one of the first major transactions to break through the all-to-quiet South Florida commercial real estate market this year, Duke Realty Corporation has closed on its purchase of Royal Palm at Southpointe, located at 900 and 1000 South Pine Island Road in Plantation.
Stephen Rutchik, Vice President, and Jonathan Kingsley, Executive Vice President and Managing Director of Grubb & Ellis’ South Florida offices, will handle the leasing for Plaza 100 in Dowtown Ft. Lauderdale.
Peter D. Reed and George Sacks, principals of Boca Raton-based Commercial Florida Realty Services, announced the sale of Chase Bank Building at 555 N. Congress Ave., Boynton Beach.
The 19,791sf, three-story building is on a 2.2-acre outparcel at the northwest corner of Congress Avenue and the east entrance road to the Boynton Beach Mall. The professional office complex sold for $1,700,000.
Cushman & Wakefield announced that Mirta DeCespedes has been named senior research associate for the firm’s South Florida offices.
Terranova Corp. announced that LexisNexis has signed a 10-year lease renewal at Meridian Commercial Office Complex at 6601 Park of Commerce Boulevard in Boca Raton. Terranova Senior Commercial Associate Gordon Messinger represented the landlord in the 61,524sf transaction valued at more than $13 million.
CB Richard Ellis (CBRE), the world’s leading commercial real estate services provider, was recently named the exclusive leasing agent for Sawgrass Place West, a 100,000-sq. ft. call center/office building located at 5601 N. Hiatus Rd. in Tamarac, Fla. and Cypress Pointe, a 49,000-sq. ft. office building located at 2001 NW 64th St. in Fort Lauderdale, Fla.
Flagler Real Estate Services, LLC (FRES), Flagler’s brokerage and property management arm, has recorded a new ten-year, 28,818-square-foot lease valued at $2.5 million that introduces Quick Shipping – a logistics company specializing in deliveries to Central America – as the latest tenant to the Beacon Centre commercial park in Doral.
Maggie Kurtz of Cushman & Wakefield was recently named leasing agent for Columbus Center, a 260,300 square foot Class A office building.
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Would all the Miami towers who won LEED Gold, Office Building of the Year and BOMA 360 please stand up?