MORRIS SOUTHEAST GROUP/CORFAC INTERNATIONAL SIGNS BROWARD COUNTY AVIATION DEPARTMENT TO FIVE-YEAR LEASE AT AIRPORT COMMERCE PARK IN DANIA BEACH
Ft. Lauderdale, FL (January 9, 2012) – Morris Southeast Group/CORFAC International Principal Ken Morris, SIOR, announced today his firm has signed the Broward County Aviation Department to a five-year lease at Airport Commerce Park in Dania Beach, FL.
Morris, Koreena Rivers and Lois Paskow, RPA represented the landlord, ACP Partners, LLC in the 23,778-square-foot transaction. The property is located at 4101 Ravenswood Road. Airport Commerce Park is on the west side of Interstate 95 and less than four miles from the Ft. Lauderdale-Hollywood International Airport in Dania Beach, which is south of Ft. Lauderdale and north of Hollywood. Terms of the deal were not released.
The Broward County Aviation Department (BCAD) will use the property for administrative offices and plans to move in during the first half of 2012 and after the property owner completes significant tenant improvements to the building. The office building is a single-story campus style property that will allow easy and quick transit from the car into the office for both BCAD personnel and the various contractors associated with the aviation department.
The BCAD move is a major consolidation after years of occupying multiple office locations including some within the airport terminal, as well as portable offices. The new location will also make it convenient for BCAD staff to observe and manage oversight of a runway expansion project that is scheduled to begin at the airport soon.
“I am very proud of our teamwork on this transaction and it was a true team effort,” said Ken Morris. He added that “the deal also was a very good one for Broward County - very competitive lease rates, a full build out and an incomparable location to any other business park in the county.”
According to Morris, he and his two associates – Rivers and Paskow, each contributed different skills at various points along the way. Morris’ SIOR (Society of Office and Industrial Realtors) designation was an important factor early on, as was Paskow’s familiarity with the firm representing the tenant, Infinity Commercial Real Estate. In addition, Rivers had completed a lease earlier in Airport Commerce Park with Parson’s Engineering, a subcontractor to the BCAD. Her follow up on the Parsons transaction became a catalyst for the deal with Broward County Aviation Department.
Airport Commerce Center is comprised of four buildings totaling approximately 60,000 square feet. The BCAD lease brings the park to almost full occupancy, according to Morris.
About Morris Southeast Group/CORFAC International
For more than 30 years, Morris Southeast Group/CORFAC International has been recognized as one of South Florida’s leading providers of commercial real estate services. Located in Plantation FL, Morris Southeast Group is a full-service firm specializing in owner and tenant representation, corporate services and investment sales in the office, industrial and retail sectors throughout Miami-Dade, Broward and Palm Beach Counties. Morris Southeast Group is an affiliate of CORFAC International.
For more information, contact Ken Morris, president of Morris Southeast Group/CORFAC International at (954) 474-1776 or visit www.morrissegroup.com.
About CORFAC International
CORFAC International (Corporate Facility Advisors) is one of the largest commercial real estate services organizations in the world. Founded in 1989, U.S.-based CORFAC is comprised of privately held entrepreneurial firms with expertise in office, industrial and retail real estate leasing and investment sales, multifamily property acquisitions and dispositions, property management and corporate services in North America, with coverage in South America provided by Panama-based Latin American Corporate Property Services. A Principal Member of FIABCI – the International Real Estate Federation with global affiliates in Europe and Asia, CORFAC International offers commercial real estate services with market reach in 65 countries worldwide. For more information on CORFAC, contact 954-923-6160, info@corfac.com or visit www.corfac.com.
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