Atlas Ocean Voyages Expands Office Lease To 15,000 Square Feet At 1 East Broward Boulevard
1 East Broward Boulevard
Building Size
15,000 SF
Asset Type
Office
Closing
Oct 7, 2026
About this deal
AI
The property involved in this transaction is located at 1 East Broward Boulevard in Fort Lauderdale, FL. It is an office asset encompassing a total of 15,000 square feet. The landlord for this property is 1 East Broward Owner, LLC, and the transaction is classified as a lease renewal and expansion.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not specified
- Address: 1 East Broward Boulevard
- Market: Fort Lauderdale, FL
- Landlord: 1 East Broward Owner, LLC
- Tenant: Atlas Ocean Voyages
- Landlord's Representative: Greg Martin - Avison Young
- Tenant's Representative: Michael Feuerman - Berger Commercial Realty
Atlas Ocean Voyages has expanded and renewed its lease at the property, which has resulted in an increased office footprint. Michael Feuerman represented the tenant Atlas Ocean Voyages in the agreement, while Greg Martin acted on behalf of the landlord, 1 East Broward Owner, LLC.
On the Map
Office
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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