Cruise Yacht Opco Leases 17000 Square Feet At 100 NE 3rd Ave Fort Lauderdale From Zurich Alternative Asset Management

100 NE 3rd Ave is located in Fort Lauderdale, FL and consists of an 11-story, Class A office building known as Plaza 100. The property offers a total of 175,510 square feet, with Cruise Yacht Opco leasing the entire 11th floor penthouse, which encompasses 17,000 square feet. The building is situated in Fort Lauderdale’s NoBro district and features upscale amenities, including a newly renovated plaza, common areas, a conference center, onsite management, and full-service onsite banking.

Summary of transaction details:

• Property Type: Lease
• Transaction Amount: Not disclosed
• Address: 100 NE 3rd Ave, Fort Lauderdale, FL
• Market: Fort Lauderdale
• Tenant: Cruise Yacht Opco
• Landlord: Zurich Alternative Asset Management
• Tenant's Representative: Keith Edelman, CBRE
• Landlord's Representatives: Doug Okun, Steven Hurwitz, JLL
• Square Feet: 17,000

JLL announced the lease transaction involving Cruise Yacht Opco, which is The Ritz Carlton’s luxury yacht service division. The company will accommodate nearly 60 employees within the leased space. The landlord, Zurich Alternative Asset Management, is an investment platform of Zurich North America focused on alternative asset management. Current tenants at Plaza 100 include U.S. Legal, Oppenheimer, and Katz Barron, among others.