Blanca CRE Announces 118,000 SF Of New Leasing, Renewals At Waterford Business District
The transactions include 47,851 square feet of new leases and 69,913 square feet of renewals.
The transactions include 47,851 square feet of new leases and 69,913 square feet of renewals.
The suburban, campus style, professional and medical office complex totals 254,015 square feet.
A private company has signed a triple-net lease at a Congress Avenue office property, securing a sizable block of space under an agreement extending for more than a decade.
The tenant leased the entire facility.
The 0.47-acre property is in the heart of downtown Delray Beach and is among the few remaining infill industrial buildings in the city’s central business district.
“This is truly a full-circle moment for me,” said Rodriguez. “To think I was part of the original industrial team that helped with the land assemblage, marketing, and leasing of Kurv’s first Miami-Dade assets more than a decade ago, to now leading the firm’s Miami market, I feel like I’ve come home.”
The plaza sits on more than 10 acres. The property was 89% leased at the time of sale.
The partnership plans to invest more than $30 million to upgrade and renovate the portfolio with completion expected in 2027.
The firm first brought on David Bateman as Managing Director for his operational leadership, broker implementation experience, and 20-year track record including senior roles at CBRE and Avison Young.
The property is anchored by two charter schools, which comprised approximately 86% of the leased space at the time of sale.
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