BayView Upgrades Woo New Tenants

FORT LAUDERDALE—New Boston Fund is on a lease renewal roll at BayView Corporate Tower. The class A, 413-square-foot office building in Fort Lauderdale just inked lease renewals and expansions with Whole Foods Market, CHG Healthcare, Kovack Securities, and Intermedix. Landmark Education signed a new lease. The five transactions account for a total of 57,000 square feet of office space.

Formerly known as AtlanTech Tower, BayView Corporate Tower served as the South Florida headquarters for AT&T for decades. Recent years have seen New Boston transition the office space from a single-user building into a multi-tenant property with a diverse tenant mix.

“Our experience with BayView Corporate Tower is a classic example of how smart investments in an asset can have a direct, positive impact on occupancy,” Jennifer Patterson, vice president of Asset Management for New Boston Fund, tells GlobeSt.com. “The building upgrades we've undertaken are proving critical to our success attracting new users and retaining existing ones. There's no stronger vote of confidence than a longtime tenant expanding their presence in a building.”

Whole Foods Market will be increasing its current regional support office space by 15,000 square feet as it expand its retail presence throughout the state. CHG Healthcare added more than 10,000 square feet of space to its office, which has grown from 250 employees in 2009 to 400 employees. Kovack Securities and Intermedix enlarged its offices by 5,100 square feet and 14,800 square feet, respectively. And San Francisco-based Landmark Education now occupies 12,300 square feet.

BayView Corporate Tower is located directly on Federal Highway, less than one mile from Fort Lauderdale beach and the Intracoastal Waterway. Andrew Ackerman and Timothy J. Talbot of ComReal Fort Lauderdale manage the building's leasing on behalf of New Boston.