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Shutts & Bowen Signs Lease For 3670 Square Feet At 201 E Las Olas Blvd Fort Lauderdale

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LEASED

Florida

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Office3,670 SF
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LEASED

Shutts & Bowen Signs Lease For 3670 Square Feet At 201 E Las Olas Blvd Fort Lauderdale

201 E Las Olas BLVD, Fort Lauderdale...

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Office3,670 SF
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Summary

FLORIDA
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:3,670 SF
Transaction Type:Lease

The property involved in this transaction is located at 201 E Las Olas BLVD, Fort Lauderdale. It is part of a 1.4 million-square-foot mixed-use office, residential, and retail community featuring Class A offices. The specific lease is for 3,670 square feet of office space occupied by Shutts & Bowen. The property is situated in the Fort Lauderdale market and was developed by Shorenstein Properties LLC and Stiles.

Summary of transaction details:

  • Property Type: Lease
  • Transaction Amount: Not disclosed
  • Address: 201 E Las Olas BLVD, Fort Lauderdale
  • Market: Fort Lauderdale
  • Tenant: Shutts & Bowen
  • Landlord: Stiles
  • Tenant's Representative: Kevin Probel (CBRE)
  • Square Feet: 3,670

Zach Wendelin and Kevin Probel of CBRE, Inc. represented Shutts & Bowen in this transaction. The Main Las Olas has now reached 100% lease occupancy, also including Zions Bank as a new tenant leasing 3,931 square feet. The property is characterized by its various amenities, including conference space and fitness center, appealing to corporations migrating to South Florida.

Players

Kevin Probel
12 deals$90.2M volume
BROKER

Zach Wendelin
JLL
13 deals$6.2M volume(305) 704-1372
BROKER

CBRE
BROKERAGE

Details

LEASED
IMAGE: 201 E Las Olas BLVD, Fort Lauderdale... MARKET: Fort Lauderdale TENANT'S REP: Kevin Probel(CBRE) TENANT: Shutts & Bowen LANDLORD: Stiles SQUARE FEET: 3670

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Deal Type
Effective Rent (Annual)

$210,362.19

Total Lease Value

$2,103,621.85

Net Landlord Cash Flow$210,362.19