Cush&Wake Tapped to Lease 389 KSF Office Asset in Florida

Weston Pointe Office Park is a 389,000-square-foot office campus located in Broward County and it is home to tenants such as Stonegate Bank and Wells Fargo.
Weston Pointe I

Weston Pointe I

MiamiCushman & Wakefield has been named the exclusive leasing agent for Weston Pointe Office Park, a 388,112-square-foot office park located in Weston, Fla. The team comprised of Directors Deanna Lobinsky, Travis Herring, and Katherine Ridgway, as well as Associate Chase Kulp have been assigned to lease the property on behalf of New York Life Real Estate Investors.

New York Life acquired the office campus in January from Gramercy and Duke Realty for well over $114 million. Built between 1999 and 2006 on a 24-acre site, Weston Pointe Office Park is comprised of four four-story buildings, including 97,579-square-foot Weston Pointe I, 97,180-square-foot Weston Pointe II, 97,178-square-foot Weston Pointe III, and 97,175-square-foot Weston Pointe IV, according to Yardi Matrix. The Class A office buildings provide premium interior finishes and two-story atriums, while the property features lush landscaping, a fitness center and approximately 1400 parking spaces. All four buildings are managed by Foundry Commercial.

The controlled access property is located at 2100, 2200, 2250 and 2400 North Commerce Parkway, with major street exposure to Interstate 75/State Route and Royal Palm Blvd. Weston Pointe is currently 99 percent leased and is home to tenants such as Ultimate Software, Stonegate Bank, Merrill Lynch, and Wells Fargo.

“Weston Pointe represents a tremendous opportunity for users to obtain Class A space in one of South Florida’s most desirable markets,” said Lobinsky. “This well-appointed office park provides incredible access to a well-educated workforce in one of the nation’s most affluent locales.”

Recently, Cushman & Wakefield arranged a full-building lease near Washington D.C., brokered a $66 million retail asset sale in Miami, and a $32 million office campus sale in Tampa.

Photo courtesy of Yardi Matrix