In early 2023, Shutts & Bowen will relocate more than 30 employees to the 22nd floor of the building.
The seller, a joint venture, purchased the property and excess development land in 2016 for $90 million and executed an extensive redevelopment and re-tenanting of this iconic Ft. Lauderdale asset. CLICK ON THE HEADLINE FOR MORE
Benjamin Silver with CBRE represented the seller, 5100 Realty LLC, in the transaction.
The complex is 90 percent leased to 40 tenants from a variety of industries including healthcare, law, finance and engineering.
The three Class-A office buildings total 222,682 square feet. CLICK ON THE HEADLINE FOR MORE
Stigliano represented the Buyer, Castle Boca, LLC, in the transaction.
The firm moved from Palmetto Park City Center at 120 E. Palmetto Park Road. CLICK ON THE HEADLINE FOR MORE
Christian Lee, José Lobón and Marcos Minaya of CBRE Capital Markets, and Jay Adams with Newmark represented the seller, Encore Capital Management, in the transaction. CLICK ON THE HEADLINE FOR MORE
The team comes to CBRE from Cushman & Wakefield’s Boca Raton office.
The company is slated to take occupancy this month.
