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SoFla lease roundup: Convey Health Solutions inks lease at One Financial & more

Fox Sports Florida renewed a lease at Broward Financial Centre
By Amanda Rabines | December 18, 2017 11:30AM

From left to right: Broward Financial Centre, 1 East Broward and One Financial Plaza (Credit: Cushman & Wakefield and Tower Commercial Real Estate)

Convey Health Solutions leases three floors at One Financial Plaza

Convey Health Solutions inked a 33,360-square-foot lease at the 263,250-square-foot One Financial Plaza, according to the firm that brokered the deal.

The company is taking three floors at the recently renovated 28-story tower at 100 Southeast Third Avenue. Tower Commercial Real Estate’s Laurel Oswald, Jon Blunk, Cristina Glaria and Van Watson represented One Financial Plaza’s owners Crocker Partners and Walton Street. Walton Street Capital paid $86.75 million for the building in February.

JLL’s Ryan Nunes represented Convey Health Solutions, which is tripling its current space under a long-term lease, according to Tower Commercial Real Estate. The building is now 93 percent leased.

Recent deals include Broad & Cassel’s renewal of its 15,276-square-foot space, represented by Richard Linevsky of NAI Miami. RJ Reynolds also renewed its 11,213-square-foot lease at the plaza. It was represented by Rhetta Nussbaum of Newmark Grubb Phoenix Realty. Insperity HR Solutions secured a 4,725-square-foot space at One Financial Plaza, represented by Will Portfolio of CBRE. And AXA Equitable Insurance also renewed its 10,000-square-feet lease at the tower and was represented by Barbara Libertore Black and Cameron Tallon of JLL.

One Financial Plaza was built in 1972, and was originally known as the Landmark Bank Tower. Crocker Partners paid $44 million for the 4-acre property in 2011 and renovated the building shortly after.The office tower is about two blocks away from Las Olas Boulevard.

Fox Sports Florida renews lease at Broward Financial Centre

Fox Sports Florida just renewed its 24,290-square-foot office lease at Broward Financial Centre in Fort Lauderdale’s central business district.

Cushman & Wakefield’s Jeff Holding, A.J. Belt and Christina Stine represented network, which provides local sports coverage in South Florida, Tampa and Orlando. Fox Sports Florida also secured signage at the 24-story office tower, previously the Sun Sentinel’s building.

Broward Financial Centre, at 500 East Broward Boulevard, was built in 1986 and renovated in 2007.

1 East Broward now 95% leased

The 19-story, 350,000-square-foot office tower in downtown Fort Lauderdale signed deals for more than 88,000 square feet of office space, bringing the building to 95 percent occupied, according to a press release.

KEMET Corporation, a manufacturer of electronic devices, is relocating its U.S. headquarters from South Carolina to 1 East Broward in the first quarter of next year, according to the release. It leased 51,286 square feet at 1 East Broward Boulevard.

Alms Health, a subsidiary of MedAffect, inked a 9,679-square-foot lease expansion and renewal, expanding from more than 10,000 square feet to nearly 20,000 square feet. Veritext, a litigation service provider, renewed a 4,039-square-foot lease, according to the release.

Cushman’s Travis Herring, Deanna Lobinsky and Katherine Ridgway represented the building’s owner, Ivy Realty.

The office building, developed in 1984, was previously known as the Wells Fargo tower and re-branded it as 1 East Broward after Ivy Realty purchased the then-distressed asset in 2011.