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401 East Las Olas Boulevard

Donald Quintin Of Lone Star Funds And Jay Caplin Of Square2 Capital Lease Office And Retail Space To IGEL Technology Skinny Louie And Barry's Bootcamp In Fort Lauderdale
LEASEDOffice

Donald Quintin Of Lone Star Funds And Jay Caplin Of Square2 Capital Lease Office And Retail Space To IGEL Technology Skinny Louie And Barry's Bootcamp In Fort Lauderdale

401 East Las Olas Boulevard

Building Size

19,902 SF

Asset Type

Office

Closing

Feb 2, 2026

AI

The property asset involved in this transaction is located at 401 East Las Olas Boulevard, Fort Lauderdale. It is classified as an office and retail space totaling 19,902 square feet. The building is currently undergoing major renovations that will include a new lobby, an expanded fitness center, a 14th-floor tenant lounge, and turnkey spec suites.

Summary of transaction details:

  • Property Type: Office & Retail
  • Transaction Amount: Not specified
  • Address: 401 East Las Olas Boulevard
  • Market: Fort Lauderdale
  • Landlord: Donald Quintin - Lone Star Funds; Jay Caplin - Square2 Capital; David Moret - Highline Real Estate Capital
  • Tenant: IGEL Technology, Skinny Louie & Barry's Bootcamp
  • Leased Space: IGEL Technology leased 12,403 SF; Skinny Louie leased 1,567 SF; Barry’s Bootcamp leased 5,932 SF
  • Brokers: Blanca Commercial Real Estate; Comras Company

The individuals and companies key to the deal include Donald Quintin, Jay Caplin, and David Moret, representing the landlords, while the tenants include IGEL Technology, Skinny Louie, and Barry's Bootcamp. The brokerage firms involved are Blanca Commercial Real Estate and Comras Company, who facilitated the leasing process for the respective tenants in the property.

Players

The Comras Company
The Comras CompanyBrokerage

Donald Quintin

Lone Star Funds

Landlord

$623.8M

vol

8 deals

Landlord

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