CBRE has arranged a new 16,690-square-foot office lease at 100 NE Third Ave. in Fort Lauderdale, on behalf of The Yacht Portfolio.
The Yacht Portfolio, a strategic maritime investment company whose first brand extension includes The Ritz-Carlton Yacht Collection, plans to move their headquarters to the penthouse space on the 11th floor of the building in early 2023.
Scott Goldstein and Keith Edelman with CBRE represented The Yacht Portfolio in the lease negotiations. Doug Okun of JLL represented the landlord, Miami Office 3, LLC.
“During the pandemic, the company subleased their office and did not have a physical location for the past two years. Now, they will have the ability to design a space for their employees that complements the ethos of their brand,” said CBRE Senior Vice President Keith Edelman. “This location will create an opportunity for their employees to reconnect in person while offering spectacular water views, great access to area amenities, secured parking, manned security and building top signage.”
“We are thrilled to have identified a new office space that provides us the opportunity to design an innovative hybrid workplace for our employees where they can come together and collaborate,” said Douglas Prothero, Chief Executive Officer for The Yacht Portfolio. “The spacious office also allows us to establish a significant footprint for growth as we expand our presence in the luxury cruise sector.”
According to CBRE Research, strong leasing was sustained in the first quarter with more than 630,000 square feet in office transactions executed in Broward County.
Get the latest industry news and information from CRE-sources delivered right to your email inbox! And we promise…no more than one email each morning.
And we promise…no more than one email each morning.