"In today's market, companies like TracFone are being more judicious than ever with their real estate decisions," says Jose Hevia, president and CEO of Coral Gables-based Flagler Development Group. "It's a testament to the high quality of our properties and brokers that we were able to negotiate a transaction that serves the needs of TracFone and delivers new economic growth to the South Florida community."
Stuart Gordon, senior director of leasing, and Chris Sutton, director of leasing with Flagler Real Estate Services LLC, secured the lease at Flagler Station. Ernesto Casal of Capital Commercial Group Inc. represented TracFone.
Gordon says TracFone considered several other leasing options before deciding on Flagler Station, where it had been subleasing space from Regions Bank. Additional details of the new lease were not disclosed.
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