Thought Leadership

The 79,719-square-foot four story office building at 7901 SW 6th Court in Plantation was sold by TA Associates Realty to Miami-based the Green Companies.

As of the third quarter 2017, 52% of the speculative space delivered since 2013 had been leased, according to Colliers, and this figure increased to 62% by the end of June 2018.

Prices and rents keep rising, and developers plan to soon launch several large spec buildings.

BTI also reports it has obtained a $12-million loan secured by the 100-acre property from Florida Community Bank. A spokesman for BTI tells Globest.com that while the 100-acre parcel is on the market for sale, BTI still could possibly be involved in the development of the property.

The non-profit signed a 17,465-square-foot lease for its new headquarters at 5901 Broken Sound Parkway Northwest.

Club Med Sales renewed its 13,005-square-foot lease at Waterford Atrium and expanded by an additional 2,680 square feet. The company now occupies 15,685 square feet at 6505 Waterford, where it houses its sales operations.