Colliers Arranges 21,000 SF Office Lease At 550 Biltmore
Colliers’ Vice President Jake Freeman and Senior Vice President Maggie Kurtz represented the landlord in securing the lease.
Colliers’ Vice President Jake Freeman and Senior Vice President Maggie Kurtz represented the landlord in securing the lease.
He brings more than 20 years of experience across the public and private sectors spanning real estate development, land use and zoning, urban planning, acquisitions and dispositions, asset management, and public-private partnerships.
Acquired at 55% replacement cost, the Broward Logistics Portfolio is currently 83% leased to nine tenants.
The company, which distributes engine components and supports aviation supply chains, is relocating from Pompano Beach.
The company is a fintech-driven commercial lending platform that provides customized financing solutions to small and medium-sized businesses across the United States.
Market activity also comes as nearly 500,000 square feet of active new-to-market requirements are being tracked across Miami-Dade, according to Blanca’s Q1 Miami Office Market report, signaling a strong pipeline of future demand as companies continue to expand and relocate within the region.
The 265-room all-suite hotel is prominently positioned along University Drive in the heart of Plantation’s rapidly expanding mixed-use district.
The leasing activity was brokered on the tenant side by JLL. Ryan Goggins and Peter “PJ” Apol represented Sunbeam Properties & Development.
The lease transactions are valued at more than $56 million.
The new loan replaces a $20 million loan provided by Amerant Bank in 2024.
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