South American Investment Firm Acquires University Medical Center In Tamarac
The medical center was 100% occupied at the time of the sale.
The medical center was 100% occupied at the time of the sale.
The development is currently leasing its third phase, and with an influx of new tenants, is now 83% leased.
Colliers’ Scott Brenner and Derek Baker represented the tenant in negotiating the long-term lease renewal. CBRE’s Kirk Nelson represented the landlord.
The property is nearly fully leased, with two new long-term leases from Presidente Supermarket and dd’s DISCOUNTS anchoring the center alongside established national brands like T-Mobile, Chase Bank and McDonald’s.
Colliers’ Executive Vice President Derek Baker represented the tenant in negotiating the deal. CBRE’s Joe Freitas, John Criddle and Max Pawk represented the landlord, Grover Corlew, in the lease negotiations.
The property includes 45,770 square feet of office space, 11,255 square feet of ground-floor retail, and a 40,000 square-foot parking garage, all contributing to a steady income.
Florida East Coast Realty (FECR) is offering commercial/office space for lease at the building ranging from approximately 19,000 square feet on the 16th floor to 52,000 square feet on the 17th floor, with a contiguous block of ±72,000 square feet still available.
During his tenure as President and Head of Leasing at Tricera Capital, he was instrumental in developing and implementing the company’s institutional leasing platform, a testament to his ability to drive growth.
Oak Row Equities purchased the $38.5 million site off-market.
The 8,501-square-foot lease marks the gym chain’s third location to open in the U.S., with the brand planning an explosive expansion that targets another 10 to 15 new gym locations in key markets across Florida.
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