CBRE Tapped to Lease Fort Lauderdale Office Asset

February 20, 2023

The property in Plantation, Fla., is set to undergo a capital improvement program over the next year.

Lakeside Office Center. Image courtesy of CBRE

Brookwood Financial Partners has tapped CBRE as the exclusive leasing agent of Lakeside Office Center in Plantation, Fla. Executive Vice President John Criddle, First Vice President Joe Freitas and Senior Associate Max Pawk will provide leasing services at the 134,443-square-foot property, which currently has 37,582 square feet available for lease.

The five-story building is located at 600 N. Pine Island Road and features three passenger elevators, a conference center, a two-story glass atrium, upgraded covered parking spots, controlled access and on-site security. Built in 1986 on a roughly 12-acre lot, Lakeside Office Center is close to interstates 595, 75 and 95. The Class A asset is approximately 8 miles from downtown Fort Lauderdale, Fla., 11 miles from Fort Lauderdale-Hollywood International Airport and within 14 miles of Hollywood, Fla.

Freitas said in prepared remarks that Lakeside Office Center provides a live-work-play environment, being close to multiple high-end residential properties such as The Manor, Veranda Shoppes and the currently underway mixed-use development, Plantation Midtown Square.

Current tenants at the property include Coldwell Banker, Priority Lending or Merrill Lynch Wealth Management, according to CommercialEdge. The same data provider shows that Brookwood Financial Partners purchased the asset in 2013 for $21.5 million from Invesco Real Estate.

A new look to attract today’s office users

Over the upcoming 12 months, Lakeside Office Center is set to undergo a speculative suite program, upgrades to the lobby, common spaces, amenities and outdoor spaces. Repositioning and rebranding the asset will attract new office users, according to a prepared statement from Brookwood’s Financial Partners Vice President & Asset Manager Thania Potosme.

Last year, CBRE was involved in a notable leasing deal in Miami. The company assisted Kirkland & Ellis in signing a 115,000-square-foot lease at 830 Brickell, a Class A, 55-story office project in downtown Miami. The deal represented one of the largest new-to-market office deals that closed in the area in 2022.