San Francisco-based owner Stockbridge Capital Group (Stockbridge) has tapped Cushman & Wakefield as exclusive leasing advisor for 110 East Broward in Fort Lauderdale. The office tower and retail complex is located within walking distance of Las Olas Boulevardas and the Fort Lauderdale Brightline Station. Built in 1981, the facility encompasses a 24 story, 304,411 sqf office tower along with a two story, 38,885 sqf office and retail building. Stockbridge intends to reposition and modernize the building by implementing an extensive capital enhancement program, which includes both exterior and interior improvements. Stockbridge paid $41 million for the asset at the beginning of the year.
“This is a tremendous opportunity for our team to work alongside an acclaimed institutional owner like Stockbridge as they embark on renovating and repositioning 110 East Broward,” said Travis Herring, Cushman & Wakefield. “This building has tremendous upside and visibility at the gateway to downtown Fort Lauderdale, and we look forward to helping it reach its full potential.”
