One tenant was represented by Tom O’Loughlin of CBRE, and the other was represented by Steve Medwin and Nick Wigoda of Newmark Southern Region LLC. Peter “PJ” Apol and Ryan Goggins represented Sunbeam Properties & Development in both deals.
Most recently, the company leased 47,819 square feet of new office space to accommodate critical administrative and operational functions.
The lease deal marks an increase of 122,794 square feet for the the company and its subsidiary. Combined, they now occupy a combined total of 166,794 square feet across three locations within the Park.
Ryan Goggins and Peter “PJ” Apol represented the Park in the transaction. Matthew Cheezem of Cushman & Wakefield represented the tenant.
Peter “PJ” Apol and Ryan Goggins of Sunbeam Properties & Development represented the Park in the transactions, with Bob Banks of R.W. Banks Real Estate and Audley Bosch of JLL representing tenants.
The newest flurry of leasing activity has reduced the Park’s flex office vacancy rate by six percentage points, to 4% overall. As a whole, the Park is 98% leased.
The company has been a tenant for 23 years.
Representing the Park in both transactions were Ryan Goggins and Peter Apol of Sunbeam Properties and Jonathan Kingsley of Colliers. John Marshall of JLL represented one of the tenants.
VSRE has also been contracted to develop apartment buildings, retail, and offices.
The 56,072-square-foot building is located within Miramar Park of Commerce.
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