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CORE Construction Services Of Florida Leases Office Space At 1 East Broward Boulevard For $24/SF

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LEASED
$24
Jeff Holding
Alfie Hamilton
+ 2

Florida

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Office20,000 SF
Leased 02/27/2025
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Property Image
LEASED

CORE Construction Services Of Florida Leases Office Space At 1 East Broward Boulevard For $24/SF

1 East Broward Boulevard

See Similar Deals
Office20,000 SF
Leased 02/27/2025
Jeff Holding
Alfie Hamilton
+ 2
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Summary

FLORIDA
Asset Type:Office
Price Per Square Foot:$24
Total Square Footage:20,000 SF
Transaction Type:Lease

This transaction involves an office asset located at 1 East Broward Boulevard in Fort Lauderdale. The property is a 19-story, Class A office building with a total area of 20,000 square feet. The market rate for this lease is set at $24 per square foot. The asset is strategically located in the Central Business District, providing access to various local attractions.

Summary of transaction details:

The representatives involved in this transaction highlight a collaboration between various brokerage firms. The tenant, CORE Construction Services of Florida, is represented by Alfie Hamilton from Colliers. Meanwhile, the landlord, ALMS Health, has multiple representatives including Brian Peer and Steven Evans from Platinum Properties, as well as Jeff Holding and Trent Slattery from Cushman & Wakefield.

Players

Steven Evans
45 deals$36.1M volume
BROKER



Brian Peer
Platinum Commercial
5 deals$18M volume(631) 897-3598
BROKER

Details

LEASED
IMAGE: Trent Slattery, Jeff Holding, Alfie Hamilton, Steven Evans & Brian Peer DATE: 02/27/2025 ADDRESS: 1 East Broward Boulevard MARKET: Fort Lauderdale ASSET TYPE: Office LANDLORD: ALMS Health TENANT: CORE Construction Services of Florida (@CORE1937) LANDLORD'S REP: Brian Peer (@Brian_Peer) & Steven Evans (@SEvans717) - Platinum Properties (@PlatinumProperties_NYC); Jeff Holding & Trent Slattery - Cushman & Wakefield (@CushWake) TENANT'S REP: Alfie Hamilton - Colliers (@ColliersInternational) ASKING RENT: $24/ft ~ SF: 20,000 LEASE TERM: CORE will take over the rest of the term on Alms lease of 46 months and continue to lease from the building after the remaining lease duration. LEASE TYPE: Other NOTE: 1 East Broward is a top choice for businesses seeking first-class, downtown office space for lease in Fort Lauderdale’s Central Business District. The 19-story, Class A office building comprises 350,797 square feet at the northeast corner of Broward Boulevard and Andrews Avenue. This premier location is within walking distance of several local attractions, including Flagler Village Arts and Technology Village (FATVillage), Music & Arts South of Sunrise District (MASS), and renowned Las Olas Boulevard.

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Deal Type
Effective Rent (Annual)

$550,266.21

Total Lease Value

$5,502,662.07

Net Landlord Cash Flow$550,266.21