Cushman & Wakefield’s Deanna Lobinsky, Chase Kulp Arrange Two Office Leases Totaling 20,198 Square Feet
The team completed some of Broward County’s largest deals in 2020 with 36 transactions totaling 259,765 square feet of leases.
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The team completed some of Broward County’s largest deals in 2020 with 36 transactions totaling 259,765 square feet of leases.
Subway spokeswoman Maggie Truax said the new Miami office would house about 100 existing and new employees.
The property totals a combined 94,175 square feet.
The new fund will focus on properties valued at more than $50 million and priced below replacement cost.
The site was purchased from Esposito Enterprises Inc., an affiliate of Vinny Esposito, the owner of the staple restaurant Franco & Vinny’s, which will continue to operate on property. There are no current plans underway for redevelopment of the site.
The purchase price was $17 million.
The newly completed buildings are already 100% leased with five tenants.
The buyer is planning a multifamilyn development.
The company is based in Fulton, Maryland.
The lease deals total a combined 32,000 square feet.
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