The office asset involved in the transaction is located at 1571 Sawgrass Corporate Parkway in Sunrise, Florida. The property spans 47,879 square feet and features an asking rent of $24 per square foot. The building boasts a strategic location facing the Sawgrass Expressway near the Sawgrass Mills outlet mall.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: Not provided
• Landlord: Casey Wold - Vanderbilt Office Properties; Blake Gable - Barron Colliers
• Tenant: Cigna Health & Life Insurance Company
• Brokers: Greg Martin, Justin Cope & Lisa Blumer - Avison Young

Cigna Health & Life Insurance Company, the tenant in the deal, has renewed its lease for a 47,879-square-foot office space at Sawgrass Corporate Centre II. The lease, spanning 64 months and covering two full floors, contributes to the property's high occupancy rate of 98 percent. This renewal ensures the continued success and stability of the office asset.