Nearly Vacant South Beach Office Building Hits The Market
The eight-story property includes 111,400 square feet of office space, 26,700 square feet of ground-floor retail, and a 499-space parking garage.
The eight-story property includes 111,400 square feet of office space, 26,700 square feet of ground-floor retail, and a 499-space parking garage.
In his new role, he will work alongside Greg Katz, Shay Pope, Jason Warren, and Carlyle Coffin to grow the firm’s tenant representation platform.
The 235,000-square-foot property sold for approximately $372 per square foot.
The exclusive leasing team for the project—Sky Groden, SIOR; Ken Morris, SIOR; and Jeremy Cain of JLL—represented Bridge in the lease transaction.
Groden worked on behalf of the buyer, Jon Samuel of Midtown Group, in the sale from Realty Income. Palm Beach County has plans to occupy the property.
Based in Fort Lauderdale, he will focus on both retail tenant and landlord representation, drawing from nearly a decade of experience in retail brokerage and leasing across Florida.
Ted Elam, Principal at Foundry Commercial, will serve as president for the distinguished real estate organization, known for its comprehensive industrial, office, and real estate finance reports.
JLL Executive Vice President Brady Titcomb represented the building’s ownership group, CDS Realty Investments, LLC.
The two experienced real estate professionals will join JLL’s leading tenant representation services team serving clients across the South Florida region.
After spending the past three years as a Managing Director with Newmark, he will focus on servicing local, national, and global office users across various industries including financial services firms, banks, and professional services firms, to plan and execute their corporate real estate strategies.
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