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| Quadrant Business Center, 600 SW 12th Avenue, Deerfield Beach, FL |
MIAMI, FL - Colliers International South Florida is pleased
to announce that the firm has represented landlord State Teachers Retirement
System of Ohio in a 51,500-square-foot lease at Quadrant Business Center
located at 600 SW 12th Avenue in Deerfield Beach.
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| Robert Listoken |
The new tenant, Florida Backyard by Fortunoff, will use the
space as a warehouse and distribution center for its retail outlets in South
Florida.
Colliers International South Florida brokers Robert
Listokin and Clinton Casey handled the lease transaction, which is
valued at $4 million. Florida Backyard was represented by New York-based Julius
M. Feinblum Real Estate.
"The I-95 exposure of Quadrant Business Center, its
location, and opportunities for expansion drew Florida Backyard to the
space," Listokin said. The family-owned manufacturer of casual furniture
and accessories is based in Long Island, New York.
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| Clinton Casey |
"Florida has always been at the top of our list,"
said Bernard Sensale, CEO of the Fortunoff Backyard Store. "Our
first retail stores are planned for Stuart, Boca Raton and Palm Beach Gardens.
They will open between September and October of this year.
“Florida is a great
outdoor market and many people here are from the Northeast and are already
familiar with our brand and what we offer.
"We are receiving merchandise in our
Deerfield Beach distribution center now, and we are training new staff and
associates with the goal of expanding throughout Florida in the next three to
four years.
“This location on I-95 gives us easy north-south access, and
to Florida's west coast."
For a complete copy of the company’s news release, please
contact:
Crystal Proenza
Vice President of Marketing
Colliers International South Florida
Commercial Real Estate Services
Tel: 305 476 7138
Email: crystal.proenza@colliers.com
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