X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

SUNRISE, FL-IKON Office Solutions Inc., a global office equipment supplier based in Malvern, PA, has inked a sublease for 12,420 sf of office space in the Saw-Ban Office Building in Sunrise, FL. The lease is a relocation of the company’s local offices; about 60 workers are making the move.

The 30-month lease is valued at $498,042, or $16.04 per sf. The property is located at 1401 N.W. 136th Ave. and has a total of 105,487 sf.

The company is subleasing the space from GetThere.com, which never move in. “So they were able to take advantage of some very competitive lease rates on the front end,” a Brenner Real Estate Group spokeswoman tells GlobeSt.com.

Adam C. Starr, associate/brokerage for Brenner Real Estate Group of Fort Lauderdale, represented the property owner, Saw-Ban Ltd., in the transaction. David Preve and Matt Feeney of Cresa Partners represented IKON Office Solutions.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 3 free articles* across the ALM subscription network every 30 days
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

Dig Deeper

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.