{"id":1004154993,"date":"2016-10-11T04:56:04","date_gmt":"2016-10-11T12:56:04","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004154993"},"modified":"2022-03-04T02:45:35","modified_gmt":"2022-03-04T10:45:35","slug":"hff-wraps-up-43m-office-deal-in-ft-lauderdale","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/hff-wraps-up-43m-office-deal-in-ft-lauderdale\/","title":{"rendered":"HFF Wraps-Up $43M Office Deal in Ft. Lauderdale"},"content":{"rendered":"<p><em>By Robert Demeter<\/em><\/p>\n<div id=\"attachment_1004155019\" style=\"width: 332px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/10\/2685.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004155019\" data-attachment-id=\"1004155019\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/hff-wraps-up-43m-office-deal-in-ft-lauderdale\/attachment\/2685\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/10\/2685.jpg\" data-orig-size=\"640,512\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"Cypress Park West II\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;Cypress Park West II&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/10\/2685.jpg?w=640\" class=\"wp-image-1004155019\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/10\/2685.jpg\" alt=\"Cypress Park West II\" width=\"322\" height=\"257\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/10\/2685.jpg 640w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2016\/10\/2685.jpg?resize=300,240 300w\" sizes=\"auto, (max-width: 322px) 100vw, 322px\" \/><\/a><p id=\"caption-attachment-1004155019\" class=\"wp-caption-text\">Cypress Park West II<\/p><\/div>\n<p><strong>Fort Lauderdale, Fla.<\/strong>\u2014<a href=\"https:\/\/www.hfflp.com\/\" rel=\"nofollow noopener\" target=\"_blank\">HFF<\/a> recently closed the $43 million sale of Cypress Park West I and II, a two-building, Class A office complex totaling 225,757 square feet in Fort Lauderdale. Naya USA Investment &amp; Management, a private investment group based in Hollywood, Fla. acquired the property for $43 million from <a href=\"https:\/\/stockbridge.com\/\" rel=\"nofollow noopener\" target=\"_blank\">Stockbridge Capital Group<\/a>.<\/p>\n<p>HFF marketed the property on behalf of Stockbridge. The investment sales team was led by Director Ike Ojala, Senior Managing Director Hermen Rodriguez and Associate Director Jorge Portela.<\/p>\n<p>Completed in two phases, in 1987 and 2003, the mid-rise buildings feature floor plates with above standard ceiling heights, according to <a href=\"https:\/\/www.yardimatrix.com\/\" rel=\"nofollow noopener\" target=\"_blank\">Yardi Matrix<\/a>. Amenities include a conference center, on-site caf\u00e9, 24\/7 security, 1,031 parking spaces and electric vehicle charging stations. The property is currently managed by <a href=\"https:\/\/www.us.jll.com\/united-states\/en-us\" rel=\"nofollow noopener\" target=\"_blank\">JLL<\/a>.<\/p>\n<p>The 97 percent-leased complex is anchored by Microsoft\u2019s Latin American headquarters and is home to tenants such as Regus, Sprint, MSC Cruises and Southern Auto Finance Co. The leasing manager and broker of Cypress Park West I and II is <a href=\"https:\/\/www.colliers.com\/en-us\" rel=\"nofollow noopener\" target=\"_blank\">Colliers International<\/a>, according to Yardi Matrix.<\/p>\n<p>Cypress Park West I and II are situated on 18.5 acres at 6700 and 6750 N Andrews Ave., respectively. Adjacent to a full-service Marriott hotel, the location offers direct frontage and easy access to Interstate 95 and Florida Turnpike. The property is a short distance from the Fort Lauderdale\/Hollywood International Airport as well as the Cypress Creek Station of the Tri-Rail system.<\/p>\n<p>HFF\u2019s most recent Florida transactions include <a href=\"https:\/\/www.commercialsearch.com\/news\/hff-arranges-sale-and-financing-for-tampa-trophy-asset\/\" target=\"_blank\" rel=\"noopener\">the sale of Westin Tampa Harbour Island<\/a>, a full-service hotel located in Tampa, and <a href=\"https:\/\/www.commercialsearch.com\/news\/hff-closes-24m-fort-lauderdale-office-sale\/\" target=\"_blank\" rel=\"noopener\">the sale of Park Center<\/a>, a Class A office asset in Ft. Lauderdale.<\/p>\n<p><em>Photo courtesy of Yardi Matrix<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The firm sold Cypress Park West I and II on behalf of Stockbridge Capital Group to a Hollywood, Fla.-based private investment group.<\/p>\n","protected":false},"author":59,"featured_media":1004155019,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,1492,21742,21747],"tags":[],"class_list":["post-1004154993","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-miami","category-latest","category-office"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>HFF Wraps-Up $43M Office Deal in Ft. Lauderdale - 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\/hff-wraps-up-43m-office-deal-in-ft-lauderdale\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"HFF Wraps-Up $43M Office Deal in Ft. 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