MIAMI—Avison Young just scored the largest Florida office leasing assignment in Florida in recent years: a 940,319-square-foot portfolio that includes nine class A buildings and a 6.2-acre vacant parcel zoned for a three-story 87,000 square foot office building in Broward County. The deal brings Avison's total Florida office leasing portfolio to 25 million square feet.

Altogether, the office assets are 89% occupied. That leaves over 100,000 square feet of office space available for direct lease and nearly 90,000 square feet of office space available for sublease.

Avison principal Greg Martin and vice president Justin Cope will spearhead leasing efforts on behalf of institutional ownership partners. Starwood Capital, Trinity Capital Advisors, and Vanderbilt Office Properties recently acquired the portfolio from Duke Realty.

“There are numerous exciting opportunities within this new assignment, including the chance to once again be involved with ground-up construction of a new office project in one of South Florida's most dynamic submarkets,” Martin tells GlobeSt.com. “We are confident that the market dynamics [in Sunrise] are reaching a point where new construction is close.”        

The portfolio consists of four office assets in Crossroads Business Park in Plantation, FL; two assets in Sawgrass Commerce Center and two assets in Sawgrass Pointe I and Pointe II in Sunrise, FL ; and one asset in Park Central Building in Pompano Beach, FL.

“Avison Young has demonstrated that in spite of its limited time in the south Florida marketplace it has positioned itself as a 'best in class' service provider in the commercial real estate service sector,” says Casey Wold of Vanderbilt Office Properties. “We were drawn by their history and knowledge of leasing multiple office projects in the market.”