Agents lease 59% of Cypress Creek office building
Agents of brokerage Cushman & Wakefield leased more than 83,000 square feet at Cypress Executive Center in the Cypress Creek area of northwest Fort Lauderdale.
That is 59 percent of the six-story office building at 1901 West Cypress Creek Road, which has 140,635 square feet of space.
Cushman & Wakefield agents John Criddle and Joseph Freitas landed new leases with Delphi Behavioral Health Group, Royal Seas Cruise lines and Wells Fargo Bank.
Criddle and Freitas secured renewed leases at Cypress Executive Center with Humana Medical and Whiting-Turner Contracting Company.
ICM Realty Group, the owner of the office building, bought it last year and has made improvements to the lobby, common areas, rest room and exterior landscaping. New amenities include a café, conference facility, and wi-fi lounge for tenants.
“We’re seeing tremendous interest in Cypress Executive Center driven by both ICM’s capital investments and prevailing market trends, which are driving demand in non-CBD markets like Cypress Creek,” Criddle said in a written statement.
According to Cushman & Wakefield research, a tightening downtown Fort Lauderdale office market has boosted suburban demand.
Source: The Real Deal