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New Office Leases At The Main Las Olas Reveal Trends In Flight To Quality And Growing Demand For Fort Lauderdale

Blanca Commercial Real Estate has completed leases totaling 20,667 rentable square feet at The Main Las Olas, located at 201 E. Las Olas Boulevard in Fort Lauderdale.

The deals bring the 25-story, 387,402-square-foot “Class A” office community to over 50% leased following its November 2020 delivery, further evidencing the trends in flight to quality and a growing demand for Fort Lauderdale, and particularly the bustling Las Olas corridor.

The Main Las Olas is noted for its innovative work environments and living experiences integrating work and life within the city’s epicenter. The 1.4 million-square-foot, full city block mixed-use office, residential and retail community features high-end architecture, residences and destinations for gathering, dining and shopping.

Specifically, the leases include: Raymond James (6,182 RSF); Fort Lauderdale DDA (1,981 RSF); Starmark International, Inc. (3,264 RSF); Matthews Real Estate Investment Services (3,500 RSF); First Horizon Bank (2,156 RSF); Starboard Value (7,551 RSF); Weld North (2,215 RSF); Azorra (10,606 SF); and Lyconet (2,114 SF).

“The Main Las Olas stands out as a world-class, mixed-use destination community redefining the art of live, work and play in Broward County and further elevating the appeal of Ft. Lauderdale as a coveted location for office headquarters and regional offices for companies seeking to capitalize on South Florida’s growing desirability,” said Tere Blanca, CEO of Blanca Commercial Real Estate.

 

Added Danet Linares, Executive Vice Chairman of Blanca Commercial Real Estate: “In addition to its attractive amenities, including an expansive outdoor terrace, state-of-the-art fitness center, spacious conference facilities and tenant lounges, The Main Las Olas is perfectly situated just a few blocks from Fort Lauderdale’s Brightline station, making it the ideal destination for tenants that want to easily reach downtown Miami and Palm Beach in fewer than 30 minutes. This further solidifies Fort Lauderdale’s positioning as South Florida’s Central Business District’ and epicenter of business.”

Office features and amenities also include: 25,243 SF floor plates; 14’ slab-to-slab floors; 12’ clear view glass; 10’ ceilings; approximately 17,355 SF total retail.  Top-of-office building and monument signage is available.

The amenity deck includes a 2,951 SF fitness center with lockers, showers and restrooms; 8,260 SF office tenant lounge and conference center; a balcony with surrounding covered terrace; and 5,400 SF covered plaza adjacent to lobby.

The tenants’ real estate advisors for the transactions recently closed are: Raymond James (Christina Martinez, Jeff Holding and AJ Belt, Cushman & Wakefield); Fort Lauderdale DDA (Zach Wendelin, CBRE); Starmark International, Inc. (Kimberly Barbar, Stiles); Matthews Real Estate Investment Services; (A.J. Belt, Cushman & Wakefield); First Horizon Bank (Barrett Kitterman, Fischer Technology); Starboard Value (Christina Jolley and Alex Marquez, Blanca Commercial Real Estate); Weld North (Mitchell Millowitz, Newmark); Azorra (Kimberly Barbar, Stiles); and Lyconet (Charlie Exelbirt, Mattis Advisors, Inc.).

 

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