The transaction marks the largest office lease renewal completed in Broward County since 2019.
The $244-per-square-foot transaction underscores the attractiveness of medical office assets as overall office sale activity has slowed.
Anthony Librizzi and Tara England of Cushman & Wakefield represented the landlord, District Pointe, LLC, in the lease negotiations. Derek Baker of Colliers represented the tenant.
Christian Lee, Andrew Chilgren, Marcos Minaya and Sean Kelly of CBRE brokered the transaction on behalf of both the buyer and seller.
Max Pawk with CBRE represented The Agency in lease negotiations.
CBRE's Brian McDonnell, Bill Sheehy, and Thomas Haughton represented TransLoop in the transaction. CBRE's John Criddle, Joe Freitas and Allie Lancashire represent the landlord, Ivy Realty.
JLL represented the seller and procured the buyer.
The company began as a property management firm and remained solely focused on property management for the first years. Now, as one of the largest independently owned and operated commercial real estate brokerage and property management fir ...
John Criddle, Joe Freitas and Jeffrey Kelly of CBRE represented owners Alchemy and Breakers in the lease negotiations.
Bob Schneiderman, Managing Principal (previously the Executive Managing Director of Colliers), will head up the office and plans to hire additional advisors and team members to expand the office.
