1 East Broward
Cushman & Wakefield has arranged a series of lease expansions and renewals at a 350,743-square-foot, Class A office tower in downtown Fort Lauderdale, Fla. The latest additions to the asset’s tenant roster include KEMET Corp., Alms Health and Veritext. The new tenants signed leases totaling 75,321 square feet.
Located at 1 E. Broward Blvd., the 19-story building was developed in 1984 and features a full-service restaurant, café and sundry shop, car detail service, 24/7 security and a connected parking garage. The building recently underwent a multi-million dollar renovation program that included upgrades to elevator lobbies, corridors, restrooms, the main entrance lobby and the garage skywalk. Moreover, the owner added an on-site fitness center to the property’s amenity base.
The team of Executive Directors Travis Herring and Deanna Lobinsky, alongside and Director Katherine Ridgway, represented building owner Ivy Realty in securing the long-term office leases. The property dubbed 1 East Broward is currently 95 percent occupied.
KEMET, represented by Jim Hollis and Michael Warren of Newmark Knight Frank, agreed to occupy 51,286 square feet at 1 East Broward. The company,