JLL Bolsters South Florida Presence With Key Brokerage Hires
The two experienced real estate professionals will join JLL’s leading tenant representation services team serving clients across the South Florida region.
The two experienced real estate professionals will join JLL’s leading tenant representation services team serving clients across the South Florida region.
The vacated area accounts for more than half of the 112,791-square-foot building.
At 10 stories, the landmark 263,000-square-foot, Class A building visually dominates the city’s central commercial district, which spans along University Drive just south of Sample Road.
Most recently, the company leased 47,819 square feet of new office space to accommodate critical administrative and operational functions.
Ryan Shaw, Drew Kristol and Kirk Olson, investment specialists in Marcus & Millichap’s Miami office, represented the buyer, a private investor, in the transaction.
Alms Health had occupied the office for nearly a decade.
Native has more than tripled its number of brokers in the past year. The firm is actively interviewing senior commercial real estate brokers in Broward and Palm Beach counties.
Located at 1800 E. Hallandale Beach Blvd. on a 14-acre plot, the tower will offer 235,664 square feet of office space, 10,862 square feet of retail, and 885 parking spaces.
The first phase of the development will feature 180,000 square feet of creative office space in the East Building, along with 600 multifamily residential units. Additionally, experiential retail spaces will anchor the base of every building, encompassing approximately 80,000 square feet, with the total project size reaching over 800,000 square feet.
Lone Star Funds announced that an affiliate of Lone Star Real Estate Fund VII, L.P., along with an affiliate of Highline Real Estate Capital LLC and Square2 Capital LLC, acquired the asset, marking the most significant office acquisition in Broward County in the past decade.
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