CushWake hired to lease Deerfield offices under new ownership

Miami /
Feb.February 10, 2016 06:00 PM

Fairlead Commercial Real Estate has hired brokerage Cushman & Wakefield to handle leasing for its newly acquired office building in Deerfield Beach.

Located at 800 Fairway Drive, the four-story office building was built in 1987 and has 172,508 square feet of leasable space. Besides its landscaped grounds and on-site cafe, the building’s most notable feature is a full-height atrium at its center.

Fairlead, a private commercial real estate firm based in Georgia, paid $21 million to acquire the offices from American General Life Insurance in November.

Travis Herring, Deanna Lobinsky, Katherine Ridgway and Chase Kulp of Cushman & Wakefield will head leasing efforts on behalf of Fairlead.

According to data from the CoStar Group, 800 Fairway is currently 77.5 percent leased. Its annual rents range from $16.50 to $17.50 per square foot.

The leasing team said in a release that it’s banking on 800 Fairway’s visibility from I-95 and proximity to big population centers as drivers for new tenants. — Sean Stewart-Muniz


Related Articles

arrow_forward_ios
Rendering of 830 Brickell office tower; Cushman & Wakefield's Brian Gale, JLL's Manny De Zárraga, Avison Young's Donna Abood, Dwntwn Realty Advisors' Tony Arellano and Stephen Rutchik. (Credit: OKO Group and Cain International, JLL, CW, Dwntwn Realty Advisors, Cushman & Wakefield, Avison Young, Getty, 830 Brickell)
Meet the commercial brokers making bank in Miami
Meet the commercial brokers making bank in Miami
Cushman & Wakefield 's Amarjit “Marj” Bains with 701 Brickell Avenue and 703 Northwest 62nd Avenue
Cushman poaches 32 JLL employees who manage trophy Miami office properties
Cushman poaches 32 JLL employees who manage trophy Miami office properties
Hollywood Locations' Christopher Ursitti and 1400 Northwest 31st Avenue (Hollywood Locations, Google Maps)
Movie studio complex may rise on former incinerator site in Fort Lauderdale
Movie studio complex may rise on former incinerator site in Fort Lauderdale
McDowell wants to build 201 apartments near Homestead, puts land under contract
McDowell wants to build 201 apartments near Homestead, puts land under contract
McDowell wants to build 201 apartments near Homestead, puts land under contract
Jackie Soffer with 2750 Northeast 199th Street (Google Maps, Turnberry.com)
Jackie Soffer’s Turnberry proposes office/retail project near Aventura Mall
Jackie Soffer’s Turnberry proposes office/retail project near Aventura Mall
Kobi and Nancy Karp buy Walgreens-leased property in Delray Beach
Kobi and Nancy Karp buy Walgreens-leased property in Delray Beach
Kobi and Nancy Karp buy Walgreens-leased property in Delray Beach
New York, Miami, Chicago, Los Angeles, San Francisco and Chicago (iStock)
As rent explodes nationally, Miami tops the charts
As rent explodes nationally, Miami tops the charts
Alta Developers’ Raimundo Onetto in front of the development site (Google Maps)
Heading south: Alta buys dev site for apartment complex near Homestead
Heading south: Alta buys dev site for apartment complex near Homestead
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...