C&W Awarded Ft. Lauderdale Office Leasing
- Feb 02, 2018
Stockbridge Capital Group has retained Cushman & Wakefield as the exclusive leasing advisor for a 343,296-square-foot office property in downtown Fort Lauderdale, Fla. The new owner acquired the asset earlier this month through auction for $41.1 million.
Located at 110 E. Broward Blvd., the property encompasses a 24-story office tower totaling 304,411 square feet and an adjacent two-story, 38,885-square-foot office and retail structure. Developed in 1981, the buildings underwent a series of renovations in 1999. Stockbridge intends to reposition 110 East Broward by implementing a capital enhancement program which will include both exterior and interior upgrades.
The team of Executive Directors Travis Herring and Deanna Lobinsky, along with Director Katherine Ridgway and Associate Chase Kulp will lead marketing efforts at the property on behalf of the landlord. Notable tenants at 110 East Broward include Greater Fort Lauderdale Alliance and BB&T Bank.
“This building has tremendous upside and visibility at the gateway to downtown Fort Lauderdale, and we look forward to helping it reach its full potential,” Herring said in a prepared statement.
The property is situated within walking distance of numerous retail, dining and art venues along Las Olas Boulevard, as well as the Fort Lauderdale Brightline station. The location provides access throughout South Florida via Interstate 95.
Image courtesy of Cushman & Wakefield