{"id":1004198130,"date":"2017-11-22T10:05:52","date_gmt":"2017-11-22T18:05:52","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004198130"},"modified":"2022-12-08T11:28:35","modified_gmt":"2022-12-08T19:28:35","slug":"ft-lauderdale-area-office-building-lands-89-ksf-tenant","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/ft-lauderdale-area-office-building-lands-89-ksf-tenant\/","title":{"rendered":"Ft. Lauderdale-Area Office Building Lands 89 KSF Tenant"},"content":{"rendered":"<p>By Timea Papp<\/p>\n<div id=\"attachment_1004198131\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/11\/3104.jpg\" target=\"_blank\" rel=\"noopener noreferrer\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004198131\" data-attachment-id=\"1004198131\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/ft-lauderdale-area-office-building-lands-89-ksf-tenant\/attachment\/3104\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/11\/3104.jpg\" data-orig-size=\"625,469\" data-comments-opened=\"0\" 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=\"1801 Building, Plantation, Fla.\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;1801 Building, Plantation, Fla.&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/11\/3104.jpg?w=625\" class=\"wp-image-1004198131 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/11\/3104.jpg\" alt=\"1801 Building, Plantation, Fla.\" width=\"300\" height=\"225\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/11\/3104.jpg 625w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/11\/3104.jpg?resize=300,225 300w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004198131\" class=\"wp-caption-text\">1801 Building, Plantation, Fla.<\/p><\/div>\n<p>Cresa negotiated a new lease with Envision Physician Services at a 102,000-square-foot office building in Plantation, Fla. The tenant will occupy 89,143 square feet at the property and plans to open in the summer of 2018.<\/p>\n<p>Located at 1801 NW 66<sup>th<\/sup> Ave., the two-story building was completed in 1983 and underwent a series of renovations this year following the departure of three long-term tenants. Improvements included upgrading the lobby along with the common areas, elevator and parking lot, as well as refurbishing the exterior and new roofing. The 1801 Building provides 24-hour secured access and a parking ratio of roughly 4.6 spaces per 1,000 square feet.<\/p>\n<h2>Hands-on ownership<\/h2>\n<p>Cresa Managing Principal Alexander Brown represented the tenant in the lease negotiations with landlord TA Realty. Envision Physician Services is part of a conglomerate of companies that includes Envision Healthcare, AMR, AMSURG and Envision Health. Last month, Cresa represented Lighthouse Strategies in securing a 40,811-square-foot <a href=\"https:\/\/www.commercialsearch.com\/news\/nkf-arranges-north-san-diego-hq-lease\/\">headquarters lease in San Diego<\/a>.<\/p>\n<p><em>\u201cMonths of market leverage and financial analysis, plus investigating state and local incentives, helped to focus-in on the Plantation market. The Cresa team was able to procure extremely favorable terms for Envision at the 1801 Building and Cresa was able to execute a transaction where Envision could continue to grow and provide healthcare leadership in South Florida,\u201d<\/em> Brown said in prepared remarks.<\/p>\n<p>Centrally situated between Interstate 95 and Sawgrass Expressway, the 1801 Building is minutes from the Florida Turnpike. The location is approximately 20 minutes from downtown Fort Lauderdale and Fort Lauderdale-Hollywood International Airport.<\/p>\n<p><em>Image courtesy of Yardi Matrix<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Cresa Managing Principal Alexander Brown worked on behalf of the healthcare tenant in the lease negotiations with landlord TA Realty.<\/p>\n","protected":false},"author":240,"featured_media":1004198131,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21784,21743,1492,21742,21747],"tags":[34279,32822],"class_list":["post-1004198130","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-brokerage","category-deals","category-miami","category-latest","category-office","tag-cresa","tag-ta-realty"],"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>Ft. 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