Stiles Property Management announced today that Las Olas City Centre has received The Outstanding Building of the Year (TOBY) Office Award from the local Fort Lauderdale/Palm Beaches Building Owners and Managers Association (BOMA).
Looks like Miami Tower will have a new owner by the end of the year, with a winning bid of about $120 million.
Tibor Hollo is close to beginning construction on the first post-downturn mixed-use development.
With the average deal in South Florida hovering around 3,000-4,000 square feet, there’s not much affecting Broward’s largest blocks of contiguous space. November’s list features a great mix of properties – all classes, new and old, CBD and suburb. CHECK THEM OUT
Plenty of activity in the lower two-thirds of our tri-county market, but Palm Beach County didn’t make an appearance in the top 10 Inventory Reductions list. FULL REPORT
Procacci Development Corporation, a full service real estate developer based in Boca Raton, has achieved Zurich Insurance HPR (Highly Protected Risk) certification. Procacci earned this certification by exceeding standards created to allow both structures and businesses the ability to weather significant storm events and sustain stability.
Stiles Realty announced today that Guarantee Insurance has signed a five-year lease expansion for 21,000 square feet of office space at the 408,079-SF Las Olas City Centre in downtown Ft. Lauderdale.
Lance A. Benson, Vice President, Grubb & Ellis Tenant Advisory Group, represented Independent Living Systems, a healthcare management services company, in a long-term lease of 34,080sf at 5201 Blue Lagoon Drive in Waterford at Blue Lagoon.
Commercial real estate broker, property manager and investor, Michael W. Rauch, has opened a new boutique brokerage, investment and property management firm, Rauch, Hartman, Sherer & Co., Chartered Commercial Real Estate Advisors, located in Boca Raton.
Marcus & Millichap has announced the sale of three properties in South Florida, including two office buildings, a shopping center and a multifamily property, totalling just over $15 million.
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