Cypress Creek Office Park Reaches 94% Occupancy With New Lease Deals, Renewals And Expansions

Written by on August 6, 2023 in Done Deals, News - No comments
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Feldman Equities announced it has achieved a 94%+ occupancy following the signing of numerous new leases at Pinnacle Corporate Park, a Class A office campus at 500 and 550 West Cypress Creek Road in Ft. Lauderdale.

Pinnacle Corporate Park, located in the Cypress Creek submarket in North Ft. Lauerdale, is adjacent to the intersection of West Cypress Creek Road and is immediately adjacent to a Tri-Rail railroad station.

The roster of new and expanded tenants at Pinnacle Corporate Park includes:

  • Sound Income Group, LLC- 11,900 SF new lease
  • Maxim Healthcare Staffing Services, Inc.-8,314 SF new lease
  • Dimension Hospitality-7,757 SF new lease
  • La Cava Jacobson and Goodis, P.A.-5,919 SF new lease
  • Legacy Staffing-2,928 SF new lease
  • Clean Initiative FL, Inc.-2,287 SF new lease
  • Parsons Services Company-1,824 SF new lease
  • Harmon Inc.-1,502 SF new lease
  • Chen Moore and Associates, Inc.-12,405 SF lease renewal and expansion
  • Ascendo-6,292 SF lease renewal and expansion
  • Your LTC Resource, Inc.-1,592 SF lease renewal and expansion
  • Johnson & Martin, P.A.-1,465 SF lease renewal and expansion
  • Filomena’s Bean Café-1,410 SF new lease

“We’re thrilled to extend a warm welcome to our new tenants joining the dynamic community of Pinnacle Corporate Park,” said Larry Feldman, President and CEO of Feldman Equities. “We’re committed to providing a topnotch experience for our tenants, and the recent additions to our tenant roster are a testament to the capital improvements we’ve implemented. At Feldman Equities, we have worked very hard to enhance the overall environment and services we offer to our valued tenants.”

Pinnacle Corporate Park was 80% occupied when Feldman Equities acquired the property about two years ago. Following the acquisition, ownership has recently completed a multimillion-dollar renovation to the property. The renovations were designed by the world-renowned Gensler architectural firm. Improvements include:

  • Large high-end fitness center
  • First-class tenant lounge with soft seating and private meeting booths
  • Indoor and outdoor game area
  • New café with indoor and outdoor seating
  • Patio area with new pergolas for shade
  • New lighting throughout the common areas of the building

Pinnacle Corporate Park boasts near immediate access to Interstate 95 and is walking distance to hotels, restaurants, retail and banking and following the renovations, the buildings are now the best-amenitized office buildings in the Cypress Creek submarket. Pinnacle Corporate Park also offers EV charging stations and an on-site parking ratio of four spaces per 1,000 rentable square feet.

Despite the weaker office market nationally, the Sunshine State’s office market is benefitting from robust job growth, nation-leading population growth, a business-friendly regulatory climate and an influx of employers and workers from other parts of the United States.


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