{"id":1004118436,"date":"2015-04-28T13:30:38","date_gmt":"2015-04-28T21:30:38","guid":{"rendered":"https:\/\/synd.yardi.com\/?p=343025"},"modified":"2022-12-13T00:04:41","modified_gmt":"2022-12-13T08:04:41","slug":"miami-based-integra-closes-on-former-bank-atlantic-hq-for-21m","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/miami-based-integra-closes-on-former-bank-atlantic-hq-for-21m\/","title":{"rendered":"Integra Closes on Former Bank Atlantic HQ"},"content":{"rendered":"

\"\"<\/a>The former Bank Atlantic headquarters has changed hands for $21 million in the largest single-tenant vacant building sale in the Cypress Creek submarket in the last five years, according to Stiles Realty.<\/p>\n

The sales price equates to $113.51 per square foot. The seller, Branch Banking and Trust, was represented by Stiles Realty Broker Associate Kimberly Barbar. Barbar also spoke for the buyer, Integra Investments LLC, on the leasing of the property.<\/p>\n

The new owner, Integra Investments, is a Miami-based private equity and full-service real estate development company performing acquisitions, development, construction management and asset management of real estate ventures across Florida. The company targets value-add opportunities in niche markets with a main focus on the residential, land, office, and mixed-use asset classes.<\/p>\n

Located on a site of over 14 acres at 2100 West Cypress Creek Road in Fort Lauderdale, the property is adjacent to Fort Lauderdale Executive Airport, and it is situated just one mile west of Interstate 95 and less than five miles east of Florida\u2019s Turnpike. The Class-A, 185,000-square foot asset was built in 2005 and includes amenities such as a state-of-the-art fitness center with showers, a wellness center and a 250-seat cafeteria.<\/p>\n

\u201cWe are excited to be in this market and lease the property to a single tenant or multiple tenants,\u201d Principal Victor Ballestas of Integra Investments said. \u201cStiles\u2019 leasing campaign is aggressive and will target a wide range of office users,\u201d he added.<\/p>\n

Photo credits: Google Maps<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

The former Bank Atlantic headquarters has changed hands in the largest single-tenant vacant building sale in the Cypress Creek submarket in the last five years.<\/p>\n","protected":false},"author":35,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1492],"tags":[1815],"class_list":["post-1004118436","post","type-post","status-publish","format-standard","hentry","category-miami","tag-national"],"acf":[],"yoast_head":"\nIntegra Closes on Former Bank Atlantic HQ - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/miami-based-integra-closes-on-former-bank-atlantic-hq-for-21m\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Integra Closes on Former Bank Atlantic HQ\" \/>\n<meta property=\"og:description\" content=\"The former Bank Atlantic headquarters has changed hands in the largest single-tenant vacant building sale in the Cypress Creek submarket in the last five years.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/miami-based-integra-closes-on-former-bank-atlantic-hq-for-21m\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2015-04-28T21:30:38+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-13T08:04:41+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2015\/04\/BankAtlantic-HQ-ft-lauderdale.jpg\" \/>\n<meta name=\"author\" content=\"Balazs Szekely\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/miami-based-integra-closes-on-former-bank-atlantic-hq-for-21m\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/miami-based-integra-closes-on-former-bank-atlantic-hq-for-21m\\\/\"},\"author\":{\"name\":\"Balazs Szekely\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/623e95293ca6c6791bedc7473f548d7f\"},\"headline\":\"Integra Closes on Former Bank Atlantic HQ\",\"datePublished\":\"2015-04-28T21:30:38+00:00\",\"dateModified\":\"2022-12-13T08:04:41+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/miami-based-integra-closes-on-former-bank-atlantic-hq-for-21m\\\/\"},\"wordCount\":243,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/miami-based-integra-closes-on-former-bank-atlantic-hq-for-21m\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/synd.yardi.com\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2015\\\/04\\\/BankAtlantic-HQ-ft-lauderdale.jpg\",\"keywords\":[\"National\"],\"articleSection\":[\"Miami\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/miami-based-integra-closes-on-former-bank-atlantic-hq-for-21m\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/miami-based-integra-closes-on-former-bank-atlantic-hq-for-21m\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/miami-based-integra-closes-on-former-bank-atlantic-hq-for-21m\\\/\",\"name\":\"Integra Closes on Former Bank Atlantic HQ - 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