Golf Outing Tickets

The Real Deal Miami

SoFla lease roundup: Virgin Voyages unveils new Plantation HQ & more

Cruise company is taking 60k sf at Royal Palm Office Park
By Amanda Rabines | February 19, 2018 12:40PM

Royal Palm Office Park, Seneca Industrial Park, International Corporate Park and rendering of new Natuzzi Italia building

Virgin Voyages HQ arrives in Plantation

Virgin Voyages is saying “ahoy” to the city of Plantation. The cruise company opened its new, 60,000-square-foot headquarters at the Royal Palm Office Park at 900 and 1000 South Pine Island Road.

Virgin just launched its “adults only” cruise-line, which is set to sail from PortMiami in 2020.

JLL’s Alan Kleber and Cameron Tallon represented Virgin Voyages, which is owned by a joint venture between Sir Richard Branson’s London-based Virgin Group and Boston-based Bain Capital.

Records show Lincoln Property Company, an investment firm based in Dallas, bought the 465,600-square-foot office park from Duke Realty for $128 million in August 2014. Other companies in the park include Brookfield Hospitality Properties and event space company The Daily Room.

Feeding South Florida, others ink leases at Pembroke Pines industrial park

More than 110,000 square feet of leases were signed at Seneca Industrial Park in Pembroke Pines, according to a press release.

The nonprofit food bank Feeding South Florida secured the biggest lease, a long-term renewal for 72,200 square feet. CBRE’s Devin White and Tom O’Loughlin represented the tenant.

Aspex Eyewear also renewed a 23,000-square-foot lease and tile distributor D&B Tile signed a deal for 15,000 square feet at the 885,000-square-foot industrial park at 2500 Southwest 32nd Avenue.

Transwestern’s Thomas Kresse, Ben Eisenberg, Walter Byrd and Carlos Gaviria represented the landlord, an affiliate of Nuveen Investments. TIAA-CREF purchased Nuveen for $6.25 billion in 2014.

Prime Education replaces Perfumania at Cypress Financial Center

Prime Education is moving its headquarters from Tamarac to Fort Lauderdale’s Cypress Financial Center.

The move will expand the healthcare education and research company’s footprint to about 14,000 square feet, double the size of its previous location at 8201 West McNab Road. It now fills half of the fifth floor at the Cypress Financial Center at 5900 North Andrews Avenue. The space was previously occupied by fragrance retailer Perfumania.

A joint venture between an affiliate of Apollo Global Management and Steelbridge Capital paid $32.6 million for the 11-story, 197,000-square-foot office complex in 2014.

Tropical Foods takes space at Doral industrial park

Tropical Foods, an exporter of dairy products to Latin America and the Caribbean, signed a 64,000-square-foot lease at International Corporate Park in Doral, bringing the roughly 115,200-square-foot building to full occupancy.

The International Corporate Park, at 9825 Northwest 17th Street, 1530 Northwest 98th Street and 9835 Northwest 14th Street, includes three industrial buildings. Tropical Foods relocated from a 32,000-square-foot facility, according to a press release.

The complex was built in 1997 on a three-acre parcel. Features at the park include loading docks and 24-foot ceiling heights. Newmark Knight Frank’s Steve Medwin and Nick Wigoda brokered the deal. J&C Tropicals also recently inked a space at the complex.

MMG Equity Partners buys Fort Lauderdale building, brings in Natuzzi Italia

Furniture company Natuzzi Italia is moving out from its previous location at the Galleria Mall in Fort Lauderdale and into a retail building at 2948 North Federal Highway, just south of Oakland Park Boulevard.

A joint venture between Pinecrest-based MMG Equity Partners and K and E Atlantic paid $2.5 million for the 7,000-square-foot building and secured Natuzzi as a tenant for the entire building, previously occupied by Fidelity Investments.

MMG has a portfolio of 2 million square feet across the U.S. and Canada, most of which is in South Florida.