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The lease deals are an indication that the South Florida retail market is bouncing back faster than expected from the dark days of the pandemic, according to the landlord.
The newly proposed mixed-use lifestyle project spans 31 acres.
Les Byron of Sperry Van Ness represented the tenant.
The four-story buildings total 498,073 square feet.
Colliers South Florida’s Jonathan Kingsley and Jarred Goodstein represented the landlord and tenant in the transaction.
He will continue a career of pursuing investor leasing opportunities in downtown Fort Lauderdale and Broward County.
Calum Weaver, Robert Given, Zach Sackley, and Troy Ballard of Cushman & Wakefield represented the seller, Boardwalk Properties, in the transaction.
Developed by RedSky Capital, LLC, the property is an 8-story building with approximately 100,000 square feet of office and retail with a verdant rooftop terrace.
A leading developer and manufacturer of pet medication is expanding its presence within Palm Beach Park of Commerce, with plans to add 40+ high-paying jobs.
JLL Capital Markets arranged the financing for the distribution, cold storage and office building
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