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| Rendering of planned 550 Building, Downtown Fort Lauderdale, FL |
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| Lloyd Berger |
FORT LAUDERDALE, FL – Berger Commercial Realty announced it has
been awarded the leasing and management assignment for a new seven-story, Class
“A” office tower being developed in downtown Fort Lauderdale by Blackhawk
Properties & Investments, LLC.
Located at 550 S. Andrews
Ave., the new 70,000-square-foot building, which will have an attached parking
garage, is slated to open in fall 2017. With a groundbreaking scheduled for
summer 2016, this is the first new office building to be built south of the New
River since 1989.
The property formerly
housed the 32,500-square-foot Justice Building, which was purchased by
Blackhawk in December 2013. The new development will be known as the 550
Building.
"The old building had
a great location, but the site was underutilized," said Lloyd Berger, founder and president of
Berger Commercial Realty.
"With its location next to the new
700,000-square-foot Broward County Judicial Complex, thousands of new multi-family
units, and a proposed stop for the new Wave street car line, we expect that the
new 550 Building will generate tremendous interest and will become one of the
premier, sought-after buildings in this area for office and retail tenants
alike."
Developers of the 550
Building include Kate Murphy of
Collins Capital Partners, Thomas McDonald of Craven Thompson
& Associates, and William Murphy
of Douglas Management, who was part of the team that developed the current
Broward County School Board building.
Designed by the
award-winning architectural firm of Falkanger, Snyder, Martineau and Yates
(FSMY), the building's contemporary design will feature floor-to-ceiling impact
glass, a dramatic, modern entranceway and
lobby, and an urban-friendly retail and restaurant plaza on the ground
floor with both indoor and outdoor café seating areas.
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| Stephanie Bernota |
Commercial real estate
veterans Steve Hyatt, Joseph Byrnes and
Stephanie Bernota of Berger Commercial Realty are the exclusive leasing
agents for office and retail space at the 550 Building.
For more information about
leasing at the 550 Building, contact Berger Commercial Realty at 954-358-0900.
For a complete copy of the company’s news release,
please contact:
954-776-1999
Pierson Grant Public
Relations
Lexi Robinson, ext. 255, lrobinson@piersongrant.com
Marielle Sologuren, ext.
226, msologuren@piersongrant.com
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