521 West Broward Boulevard

The owners of Fort Lauderdale’s Romark Center have inked a leasing agreement with Colliers International South Florida to market the building located at 521 West Broward Boulevard near  I-95, the commercial real estate services firm announced today. The three-story, 42,040-square-foot building currently has spaces available ranging from  500 square feet to approximately 9,500 square feet. Senior commercial associates Claire Holash and Clinton Casey will lead the leasing effort. [more]

Colliers International South Florida has added two new brokers to its team as senior vice presidents, the company announced. Ronald Schagrin and Elias Porras, both of whom have been in the real estate business for more than 25 years, work in representing office and industrial landlords and tenants in Broward and Palm Beach counties. Schagrin was formerly a co-founding partner with Porras of Commercial Property Realty Advisors. — Alexander Britell

Hollywood’s Wilshire Marina has been unloaded in a short sale for $3.37 million, according to Colliers International South Florida, which represented the seller in the deal. The property, which is located on Ocean Drive, has a total of 81,120 square feet. The site had previously been eyed for a condominium-hotel development with a marina. “The property was sold and closed within 45 days of coming to market,” said Achikam Yogev, senior vice president at Colliers, who represented Wilshire Marina LLC along with Ron Osborne, vice president. — Alexander Britell

North American Clutch Export has paid $1.47 million for a 42,391-square-foot warehouse in Miami, according to Colliers International South Florida, which represented the company in the deal. The price represented an average of $35 per square foot. Colliers’ Achikam Yogev, senior vice president, handled the deal for Colliers on the property, which is located at 3501 NW 54th Street. North American Clutch had been previously renting space in the Opa Locka submarket. The transaction was financed with a loan from the Small Business Administration. — Alexander Britell

A rendering of the planned development at 3360 Biscayne Boulevard

The Biscayne Boulevard site of a planned residential development has traded for $5.75 million, a record setting number for the corridor, Colliers International South Florida announced today. The land, located at 3360 Biscayne Boulevard, was sold by Lionheart Capital to Argentinian-based development firm interested multi-family development.

“There was tremendous interest in all options given the strength of the residential condo and rental markets, the improved transparency of the Latin-American sales strategy, the growth that is taking place along Biscayne Boulevard, Midtown, and the Design District, and the value of having a fully approved project that was shovel ready,” David Metalonis, CCIM senior vice president, said in a statement. [more]

Colliers International South Florida has completed 100,000 square feet of lease transactions at Quadrant Business Center in Deerfield Beach in the last year. The property, which is located at 350-650 SW 12th Avenue, has increased occupancy by 50 percent in the last 12 months. New tenants at Quadrant include Coverall North America, Breezer Holdings, Guardian Pharmacies and Blue Ocean Ventures. All of the new deals are for corporate headquarter locations. — Alexander Britell

Colliers International South Florida has been named the exclusive leasing agent for the Boca West Medical Center in Boca Raton. The 31,600-square-foot property is located at the intersection of Glades Road and State Road 7 in Boca Raton. It was sold last year by Aptium Oncology. Peyton Moore, senior commercial associate, and Robert Listokin, executive vice president, have been engaged to lease the building, which has completed a series of renovations. — Alexander Britell

Blanca Commercial Real Estate has hired Alison Pages to serve as the brokerage’s executive vice president, the firm announced today. Pages has closed office transactions totaling approximately 1.5 million square feet and $250 million in her 20-year career. Pages was previously a senior vice president at Colliers International South Florida, where she specialized in office and medical leasing. She has also worked for Flagler and CBRE. — Alexander Britell

Retailer Forever 21 has signed a 25,600-square-foot lease at Miami International Logistics Park, according to Colliers International South Florida, which represented the company in the deal. Forever 21 intends to use the space, which is located at 7939-8187 NW 84th Street, as a jeans warehouse for three retail stores at Dolphin Mall, Aventura Mall and Sawgrass Mills. “The landlord made an aggressive deal, and is able to accommodate future projected growth and expansion plans for the tenant,” said Kristopher Wagner, senior commercial associate at Colliers. — Alexander Britell [more]

Camelot Properties of Florida has purchased a 25,000-square-foot office building in Fort Lauderdale for $2 million, according to Colliers International South Florida. The building’s seller was the Miller family. The site is located at 2727 West Cypress Creek Road. “It was challenging finding a user for a 25,000-square-foot building in this market, however the building was a good fit and and excellent opportunity for the buyer,” said Sal Bonsignore, senior commercial associate at Colliers. “This transaction is an example of what an ideal time it is for users to purchase commercial property, with prices still off significantly from their peak of three to four years ago.” Camelot plans to use the property as a law office for its Philadelphia-based firm. –Alexander Britell [more]