Steelbridge Capital
Record Southwest Florida Deal Closes
The transaction marks the largest office sale in the region this year.
Top 5 Florida Markets for Office Transactions
Sales volume totaled $1.8 billion in the first five months of the year, nearly double the same period last year, according to CommercialEdge data.
Top 5 Office Transactions in Florida
Office deals in the first quarter of 2021 amounted to $985 million, accounting for 67 percent of the state’s total transaction volume, based on CommercialEdge data.
Slate Office REIT to Acquire Fort Lauderdale Office Asset
The 201,305-square-foot Cypress Financial Center underwent an improvement program in 2015.
Orlando High-Rise Receives $46M Refi
A CBRE team arranged the floating rate loan on behalf of a joint venture between Apollo Global Management and Steelbridge Capital. The financing replaces a 2014 mortgage.
Steelbridge Capital Inks 15 KSF Orlando Lease
Radixx Solutions International will relocate its headquarters in the newly renovated office tower at 20 North Orange, bunking up with CenterState Bank and Pipeline Workspaces.
C&W Bolsters Ft. Lauderdale Office Asset Tenancy
Tenants Patriot National and Marcus & Millichap will occupy a total of roughly 32,000 square feet at Cypress Financial Center, bringing the building’s occupancy to 88 percent.
Steelbridge Sells Last Asset in FL Office Park
The firm acquired all four properties in Park Place Office Park with a joint venture partner in 2015, as part of a portfolio purchase. In 2016, the company sold the other three single-story buildings.
CenterState Expands Orlando Footprint
Florida’s largest community bank leased 10,299 square feet of office/retail space at 20 North Orange, a 16-story, newly renovated tower located in Orlando’s CBD.
Orlando Office Tower Welcomes New Tenant
Franklin Street’s team of Yvonne Baker and Nicole Willerer represented the owner in the lease negotiations with Pipeline Workspaces. The tenant plans to move into the former Wells Fargo Tower in early 2018.