Recent Deals Bring Las Olas City Centre To 99% Leased

Written by on September 13, 2012 in Done Deals - No comments
Las Olas City Centre

Bank of America Plaza at Las Olas City Centre (LOCC) is gaining rapid leasing momentum and drawing major national office and retail tenants to fill more than 115,000 square feet since the start of the year.

“LOCC has found an effective market niche with tenants that thrive on the building’s amenities and location on Las Olas Boulevard” said Stiles Director of Leasing Norm Adams. “We’re drawing major banks and financial service firms, law firms, trendy cafes, high-end restaurants and retail tenants who all enjoy having both professional and residential targets at their doorstep.”

Recent leases from Bank of America for 56,742 square feet; Boies, Schiller & Flexner for 22,632 square feet; BBX Capital Corporation for 16,355 square feet; Patriot National Insurance expansion of 12,142 square feet; Farlie & Turner for 3,788 square feet; and Subway and Offerdahl’s have brought the 408,079-square foot office tower at 401 East Las Olas Boulevard to 99 percent leased.

LOCC is a Class A 23-story office and retail building developed by Stiles and owned by institutional investors advised by JP Morgan Asset Management. Stiles has provided the leasing and property management for LOCC since its development and was reassigned to the building by the new ownership.

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