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1 E Broward BLVD, Fort Laud...

KEMET Corp Leases 64000 Square Feet At 1 E Broward Blvd In Fort Lauderdale
LEASEDOffice

KEMET Corp Leases 64000 Square Feet At 1 E Broward Blvd In Fort Lauderdale

1 E Broward BLVD, Fort Lauderdale, F...

Building Size

64,000 SF

Asset Type

Office

Closing

Nov 19, 2023

AI

The lease transaction involves a property located at 1 E Broward BLVD, Fort Lauderdale, Florida, encompassing 64,000 square feet in the Fort Lauderdale market.

Summary of transaction details:

This transaction highlights the involvement of key representatives. Jim Hollis from Newmark Knight Frank acted on behalf of KEMET Corp, while Katherine Ridgway and Deanna Lobinsky represented Ivy Realty Services LLC through Cushman & Wakefield.

Players

Deanna Lobinsky

Cushman & Wakefield

Broker

$15.7M

vol

5 deals

Broker
Compass
CompassBrokerage
Ivy Realty
Ivy RealtyBrokerage
Ivy Realty
Ivy RealtyLandlord

Fort Lauderdale Office Market Snapshot

Boundary boundary · Office · Lease transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93