New Tenants Take 19,000 Square Feet at Broward County’s First LEED Office Building
Fort Lauderdale, FL, August 16, 2010 --(PR.com)-- Stiles announced today that Broward County’s first multi-tenant office building to achieve LEED distinction, Lake Shore Plaza II, recently closed three major lease transactions totaling nearly 19,000 square feet. Advance Restaurant Finance, Global Medical Management and Black and Veatch Corporation have all signed multi-year lease agreements for office space at the Sunrise, Florida building. Stiles maintains an ownership interest in the building along with WLD Enterprises, Inc., and is also assigned the leasing and property management. Stiles is a premier full service commercial real estate firm with expertise in development, construction, property management, leasing and brokerage, architecture, financing, acquisitions and asset management.
Lake Shore Plaza II is a 130,000-square-foot office building located in Sawgrass International Corporate Park at the intersection of I-75 and I-595 and the Sawgrass Expressway. The building was awarded the prestigious Silver LEED certification by the U.S. Green Building Council after opening in 2006 for incorporating numerous energy-efficient and environmentally friendly features. These include sophisticated air conditioning, heating and indoor air quality systems, water-conserving features, an extensive recycling program, a pest management system, preferred parking program for hybrid and energy efficient vehicles, and other green characteristics. Stiles is one of Florida’s leading developers of LEED certified real estate, starting with its corporate headquarters in downtown Ft. Lauderdale, which achieved LEED Gold certification for Existing Buildings.
“While the economy remains challenging, we have seen signs of improvement throughout our portfolio, and are especially pleased with the positive activity at Lake Shore Plaza II with several well-known tenants moving into the building,” said Terry Stiles, CEO of Stiles. “The building’s unique amenities, excellent location and LEED features are certainly a major selling-point and have made it one of the area’s most sought-after locations.”
Following is the leasing highlights of the quarter:
- Advanced Restaurant Finance, LLC signed a new lease for just over 6,600 square feet with a term of 7.5 years. Established in 2001, the company provides short term, working capital for merchants throughout the U.S. With its corporate office in San Mateo, California, Advanced Restaurant Finance also maintains affiliate offices in Ft. Lauderdale, Florida and Houston, Texas.
- Black & Veatch Corporation signed an expansion bringing its total leased space to 3,550 square feet with a term of 5 years. Founded in 1915, Black & Veatch is a leading global engineering, consulting and construction company. The employee-owned company has more than 100 offices worldwide, and is ranked on the Forbes "500 Largest Private Companies in the United States" listing.
- Global Medical Management, Inc. (GMMI) signed a new lease for 9,085 square feet with a term of 5.5 years. The company was founded in 1992 as a managed care and cost containment organization to service international insurance carriers and their travelers, GMMI’s client list includes over 50 of the world’s leading insurance and assistance companies from more than 20 countries world-wide.
With easy access to both I-595 and the Sawgrass Expressway, Lake Shore Plaza II is home to several distinguished tenants including New York Life, T-Mobile and The Florida BAR. The building is within minutes of Sawgrass Mills Mall, one of the nation’s largest outdoor malls, and popular shopping, business and restaurant destinations such as Marshalls, TJ Maxx, Saks 5th Avenue, LA Fitness, Office Depot, Legal Seafood, PF Chang’s and Cheesecake Factory. The Colonnade Outlets at Sawgrass features an exclusive collection of style-defining stores including David Yurman, Burberry’s, Coach, Movado, Neiman Marcus, Crate & Barrel and elegant dining in a foliaged, open-air promenade.
Lake Shore Plaza II is located at 1300 Concord Terrace, Sunrise, Florida, 33323. Currently, the building has available one full floor of available space as well as suites ranging from 3,000 – 10,000 square feet. Interested parties should contact Madelayne Garcia at 954-846-1177 or at madelayne.garcia@stiles.com for available space and rate information.
About Stiles
Stiles is a full-service commercial real estate firm with a clear mission: Invest∙Build∙Manage. With its diverse capabilities, Stiles has achieved a stellar reputation for excellence and market leadership within the real estate industry. In addition to Development, Construction, Architecture, Realty and Property Management, Stiles also specializes in Financing, Acquisitions and Repositioning. The Company is responsible for more than 37 million square feet of officeinspired the revitalization of downtown Fort Lauderdale, Florida, the home of its headquarters. The Company also maintains regional offices in Miami, Tampa, West Palm Beach, Naples, Ft. Myers and Orlando, Florida. For more information, please visit www.stiles.com or call 954-627-9300.
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Lake Shore Plaza II is a 130,000-square-foot office building located in Sawgrass International Corporate Park at the intersection of I-75 and I-595 and the Sawgrass Expressway. The building was awarded the prestigious Silver LEED certification by the U.S. Green Building Council after opening in 2006 for incorporating numerous energy-efficient and environmentally friendly features. These include sophisticated air conditioning, heating and indoor air quality systems, water-conserving features, an extensive recycling program, a pest management system, preferred parking program for hybrid and energy efficient vehicles, and other green characteristics. Stiles is one of Florida’s leading developers of LEED certified real estate, starting with its corporate headquarters in downtown Ft. Lauderdale, which achieved LEED Gold certification for Existing Buildings.
“While the economy remains challenging, we have seen signs of improvement throughout our portfolio, and are especially pleased with the positive activity at Lake Shore Plaza II with several well-known tenants moving into the building,” said Terry Stiles, CEO of Stiles. “The building’s unique amenities, excellent location and LEED features are certainly a major selling-point and have made it one of the area’s most sought-after locations.”
Following is the leasing highlights of the quarter:
- Advanced Restaurant Finance, LLC signed a new lease for just over 6,600 square feet with a term of 7.5 years. Established in 2001, the company provides short term, working capital for merchants throughout the U.S. With its corporate office in San Mateo, California, Advanced Restaurant Finance also maintains affiliate offices in Ft. Lauderdale, Florida and Houston, Texas.
- Black & Veatch Corporation signed an expansion bringing its total leased space to 3,550 square feet with a term of 5 years. Founded in 1915, Black & Veatch is a leading global engineering, consulting and construction company. The employee-owned company has more than 100 offices worldwide, and is ranked on the Forbes "500 Largest Private Companies in the United States" listing.
- Global Medical Management, Inc. (GMMI) signed a new lease for 9,085 square feet with a term of 5.5 years. The company was founded in 1992 as a managed care and cost containment organization to service international insurance carriers and their travelers, GMMI’s client list includes over 50 of the world’s leading insurance and assistance companies from more than 20 countries world-wide.
With easy access to both I-595 and the Sawgrass Expressway, Lake Shore Plaza II is home to several distinguished tenants including New York Life, T-Mobile and The Florida BAR. The building is within minutes of Sawgrass Mills Mall, one of the nation’s largest outdoor malls, and popular shopping, business and restaurant destinations such as Marshalls, TJ Maxx, Saks 5th Avenue, LA Fitness, Office Depot, Legal Seafood, PF Chang’s and Cheesecake Factory. The Colonnade Outlets at Sawgrass features an exclusive collection of style-defining stores including David Yurman, Burberry’s, Coach, Movado, Neiman Marcus, Crate & Barrel and elegant dining in a foliaged, open-air promenade.
Lake Shore Plaza II is located at 1300 Concord Terrace, Sunrise, Florida, 33323. Currently, the building has available one full floor of available space as well as suites ranging from 3,000 – 10,000 square feet. Interested parties should contact Madelayne Garcia at 954-846-1177 or at madelayne.garcia@stiles.com for available space and rate information.
About Stiles
Stiles is a full-service commercial real estate firm with a clear mission: Invest∙Build∙Manage. With its diverse capabilities, Stiles has achieved a stellar reputation for excellence and market leadership within the real estate industry. In addition to Development, Construction, Architecture, Realty and Property Management, Stiles also specializes in Financing, Acquisitions and Repositioning. The Company is responsible for more than 37 million square feet of officeinspired the revitalization of downtown Fort Lauderdale, Florida, the home of its headquarters. The Company also maintains regional offices in Miami, Tampa, West Palm Beach, Naples, Ft. Myers and Orlando, Florida. For more information, please visit www.stiles.com or call 954-627-9300.
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Stiles
Adrienne Zalkind
954-627-9021
www.stiles.com
Adrienne Zalkind
954-627-9021
www.stiles.com
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