Agents lease 59% of Cypress Creek office building

A Cushman & Wakefield duo secured new leases and renewals for 83,000 square feet

TRD MIAMI /
Sep.September 03, 2016 04:00 PM

Agents of brokerage Cushman & Wakefield leased more than 83,000 square feet at Cypress Executive Center in the Cypress Creek area of northwest Fort Lauderdale.

That is 59 percent of the six-story office building at 1901 West Cypress Creek Road, which has 140,635 square feet of space.

Cushman & Wakefield agents John Criddle and Joseph Freitas landed new leases with Delphi Behavioral Health Group, Royal Seas Cruise lines and Wells Fargo Bank.

Criddle and Freitas secured renewed leases at Cypress Executive Center with Humana Medical and Whiting-Turner Contracting Company.

ICM Realty Group, the owner of the office building, bought it last year and has made improvements to the lobby, common areas, rest room and exterior landscaping. New amenities include a café, conference facility, and wi-fi lounge for tenants.

“We’re seeing tremendous interest in Cypress Executive Center driven by both ICM’s capital investments and prevailing market trends, which are driving demand in non-CBD markets like Cypress Creek,” Criddle said in a written statement.

According to Cushman & Wakefield research, a tightening downtown Fort Lauderdale office market has boosted suburban demand.


Related Articles

arrow_forward_ios
UDT CEO Henry Fleches and Midtown Capital CEO Alejandro Velez with 2900 Monarch Lakes Boulevard (Miramar Parks & Rec, Midtown Capital, Cushman & Wakefield)

Midtown Capital Partners buys Miramar office center for $23M

Midtown Capital Partners buys Miramar office center for $23M
Despite record high office vacancies across South Florida, average asking rates hit new highs

South Florida Q3 office rents hit record high, despite higher vacancies

South Florida Q3 office rents hit record high, despite higher vacancies
Mike Napoli and 2501 Delmar Place (Getty, Coldwell Banker)

He’s out: Baseball’s Mike Napoli sells waterfront Fort Lauderdale mansion for $7M

He’s out: Baseball’s Mike Napoli sells waterfront Fort Lauderdale mansion for $7M
Tere Blanca and the Aventura office complex (Credit: Google Maps)

Aventura office complex Optima inks new leases

Aventura office complex Optima inks new leases
2290 and 2328 10th Avenue N, Lake Worth

Lake Worth Beach office buildings sell for $11M

Lake Worth Beach office buildings sell for $11M
4 West Las Olas

Fort Lauderdale developers score $92M bridge loan for rental tower

Fort Lauderdale developers score $92M bridge loan for rental tower
John Moran Jr. and 5 Isla Bahia Terrace, Fort Lauderdale

Warehousing CEO pays $8M for waterfront Fort Lauderdale house

Warehousing CEO pays $8M for waterfront Fort Lauderdale house
Blackstone's Jonathan Gray and Stephen Schwarzman (Getty, iStock)

Blackstone to open office in South Florida

Blackstone to open office in South Florida
arrow_forward_ios

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

Loading...