{"id":1004704702,"date":"2024-03-04T09:33:32","date_gmt":"2024-03-04T17:33:32","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004704702"},"modified":"2024-03-04T09:33:53","modified_gmt":"2024-03-04T17:33:53","slug":"dws-inks-long-term-office-renewal-in-fort-lauderdale","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/dws-inks-long-term-office-renewal-in-fort-lauderdale\/","title":{"rendered":"DWS Inks Long-Term Office Renewal in Fort Lauderdale"},"content":{"rendered":"<div class=\"wp-block-image\">\n<figure data-wp-context=\"{&quot;imageId&quot;:&quot;6a0ca7f7b554d&quot;}\" data-wp-interactive=\"core\/image\" class=\"alignright size-full is-resized wp-lightbox-container\"><img loading=\"lazy\" decoding=\"async\" width=\"320\" height=\"240\" data-attachment-id=\"1004704704\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/dws-inks-long-term-office-renewal-in-fort-lauderdale\/las-olas-centre\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/03\/las-olas-centre.png\" data-orig-size=\"320,240\" 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=\"las olas centre\" data-image-description=\"&lt;p&gt;The office building at450 E. Las Olas Blvd. in Fort Lauderdale, Fla.&lt;\/p&gt;\n\" data-image-caption=\"&lt;p&gt;Las Olas Centre I is a 1997-completed, LEED-Gold certified building. Image courtesy of Stream Realty Partners&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/03\/las-olas-centre.png?w=320\" data-wp-class--hide=\"state.isContentHidden\" data-wp-class--show=\"state.isContentVisible\" data-wp-init=\"callbacks.setButtonStyles\" data-wp-on-async--click=\"actions.showLightbox\" data-wp-on-async--load=\"callbacks.setButtonStyles\" data-wp-on-async-window--resize=\"callbacks.setButtonStyles\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/03\/las-olas-centre.png\" alt=\"The office building at450 E. Las Olas Blvd. in Fort Lauderdale, Fla.\" class=\"wp-image-1004704704\" style=\"width:400px\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/03\/las-olas-centre.png 320w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2024\/03\/las-olas-centre.png?resize=300,225 300w\" sizes=\"auto, (max-width: 320px) 100vw, 320px\" \/><button\n\t\t\tclass=\"lightbox-trigger\"\n\t\t\ttype=\"button\"\n\t\t\taria-haspopup=\"dialog\"\n\t\t\taria-label=\"Enlarge\"\n\t\t\tdata-wp-init=\"callbacks.initTriggerButton\"\n\t\t\tdata-wp-on-async--click=\"actions.showLightbox\"\n\t\t\tdata-wp-style--right=\"state.imageButtonRight\"\n\t\t\tdata-wp-style--top=\"state.imageButtonTop\"\n\t\t>\n\t\t\t<svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"12\" height=\"12\" fill=\"none\" viewBox=\"0 0 12 12\">\n\t\t\t\t<path fill=\"#fff\" d=\"M2 0a2 2 0 0 0-2 2v2h1.5V2a.5.5 0 0 1 .5-.5h2V0H2Zm2 10.5H2a.5.5 0 0 1-.5-.5V8H0v2a2 2 0 0 0 2 2h2v-1.5ZM8 12v-1.5h2a.5.5 0 0 0 .5-.5V8H12v2a2 2 0 0 1-2 2H8Zm2-12a2 2 0 0 1 2 2v2h-1.5V2a.5.5 0 0 0-.5-.5H8V0h2Z\" \/>\n\t\t\t<\/svg>\n\t\t<\/button><figcaption class=\"wp-element-caption\">Las Olas Centre I was completed in 1997 and is LEED Gold certified. <em>Image courtesy of Stream Realty Partners<\/em><\/figcaption><\/figure><\/div>\n\n\n<p><strong>DWS <\/strong>has signed a 22,000-square-foot, long-term lease renewal at Las Olas Centre I, a 210,225-square-foot <a href=\"https:\/\/www.commercialsearch.com\/news\/office-asset-values-dive-amid-challenges\/\">office building<\/a> in Fort Lauderdale, Fla. Law firm <strong>Gunster<\/strong> has been a tenant for almost two decades and will occupy the space for another 11 years.<\/p>\n\n\n\n<p><strong>Stream Realty Partners <\/strong>Managing Director Greg Katz and Senior Vice President Carlyle Coffin represented the tenant, while <strong>ComReal <\/strong>President Tim Talbot and Senior Director Andy Ackerman worked on behalf of the ownership.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-las-olas-centre-up-close\">Las Olas Centre, up close<\/h2>\n\n\n\n<p>The 15-story mid-rise is part of a two-building campus totaling more than 469,000 square feet. DWS acquired the asset in March 2014 for $204 million from USAA Real Estate, according to CommercialEdge data and assumed the outstanding balance of a $57.2 million loan originated by Wells Fargo Bank.<\/p>\n\n\n\n<p>Las Olas Centre I came online in 1997 and features floorplates averaging 20,885 square feet, eight passenger elevators, more than 520 parking spaces and some 35,000 square feet of first-floor retail space. Tenants at the almost 2-acre property include Merrill Lynch Wealth Management, KPMG and Rubin Group Inc., the same source shows.<\/p>\n\n\n\n<p>The LEED Gold-certified facility at 450 E. Las Olas Blvd. is close to downtown Fort Lauderdale and a host of dining options. The South Harbor Plaza shopping center is 2 miles away, while Fort Lauderdale-Hollywood International Airport is some 4 miles south.<\/p>\n\n\n\n<p>Las Olas Centre II, the other building within the campus, is a 259,069-square-foot property completed in 1999. The 18-story tower comprises a newly renovated conference center, 18,000 square feet of retail space and nine passenger elevators.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A law firm will occupy the space for another 11 years.<\/p>\n","protected":false},"author":3355,"featured_media":1004704704,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21784,1492,21747,32781],"tags":[43859,33358],"class_list":["post-1004704702","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-brokerage","category-miami","category-office","category-southeast","tag-dws-group","tag-stream-realty-partners"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>DWS Inks Long-Term Office Renewal in Fort Lauderdale - 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