CBRE’s Joe Freitas represented the landlord in the lease transaction.
The activity includes three new leases and two renewals from tenants spanning healthcare, tech, and education sectors.
Sundy Village has now delivered 100,000 square feet of Class A+ office space and 30,000 square feet of retail and dining.
Gordon Messinger with CBRE represented the landlord, MG3 Group, a Florida-based real estate investment and development company, in lease negotiations.
Senior Vice President Steve Hyatt of Berger Commercial Realty represented the seller in the transaction.
The leases total just over 30,000 square feet.
The company will now occupy the entire top floor of 1489 W. Palmetto Park Road, totaling 30,000 square feet.
The company intends to invest an additional $10 million into refurbishing the property.
JLL Executive Vice President Brady Titcomb represented the building’s ownership group, CDS Realty Investments, LLC.
At 10 stories, the landmark 263,000-square-foot, Class A building visually dominates the city’s central commercial district, which spans along University Drive just south of Sample Road.
