JLL Closes Leases with TD Bank and Allied Integrated Marketing at Cypress Financial Center in Fort Lauderdale

4/20/17

Sandra Andersen

JLL announces today the closing of a lease renewal with long-time tenant TD Bank and a new lease with Allied Integrated Marketing totaling 22,000 square feet of office space at Cypress Financial Center, a 198,528-square-foot class A office building in Fort Lauderdale, Florida.

The completion of these leases further solidifies Cypress Financial Center’s reputation as the premier office property located in the heart of Cypress Creek in Fort Lauderdale at 5900 N. Andrews Ave. The property is owned by Steelbridge Capital, a privately held, value-focused real estate investment company based in Miami and Chicago.

Sandra Andersen, Senior Vice President at JLL, represented Steelbridge Capital in both transactions. Existing tenant TD Bank renewed its 16,675-square-foot lease and was represented by CBRE Senior Vice President Mathew J. Saker, CBRE Vice President John Jaspert and CBRE Transaction Manager Caroline C. Barone.

Allied Integrated Marketing signed a new lease consisting of 5,325 square feet and will occupy the eighth floor of the building, adding to Cypress Financial’s impressive tenant roster. Allied Integrated Marketing is a full-service agency with 22 offices working with the world's largest entertainment, culture and lifestyle brands. The tenant was represented by Bob Orban, Senior Vice President, and Tyler Wyant, Associate, at Savills Studley.

The property is especially attractive to high-caliber tenants such as financial institutions because of its upscale amenities and strategic location in the region’s primary lifeline at the intersection of I-95 and Cypress Creek Road.

“Cypress Financial Center is situated at the geographic center of South Florida, making it the most accessible location to the region’s six million residents, an attractive factor for companies seeking office space,” said JLL’s Sandra Andersen. “The property underwent extensive renovations last year, which has contributed to attracting and retaining top-quality tenants who are seeking an office location with high-end finishes and downtown prestige in a convenient uptown location.”

Featuring prominent visibility from I-95 and Cypress Creek Road, Cypress Financial Center is the only office complex in South Florida with a direct on-ramp to I-95. Recently completed renovations include upgrades to the lobby and select common areas, complete tower and garage elevator modernization, exterior painting and sealing, replacement of monument and directional signage, new landscaping and exterior lighting.

Among the property’s amenities are an on-site café, on-site management, free structured parking, security, Tri-Rail and shuttle service, as well as a weekly car wash service. The property is also located within minutes to neighbouring restaurants, hotels and banks.

For leasing opportunities, please contact Sandra Andersen of JLL at (954) 760-4854. Office spaces available for lease range from 5,325 square feet to 19,206 square feet.

About JLL

JLL (NYSE: JLL) is a leading professional services firm that specializes in real estate and investment management. AFortune 500 company, JLL helps real estate owners, occupiers and investors achieve their business ambitions. In 2016, JLL had revenue of $6.8 billion and fee revenue of $5.8 billion and, on behalf of clients, managed 4.4 billion square feet, or 409 million square meters, and completed sales acquisitions and finance transactions of approximately $136 billion. At year-end 2016, JLL had nearly 300 corporate offices, operations in over 80 countries and a global workforce of more than 77,000. As of December 31, 2016, LaSalle Investment Management has $60.1 billion of real estate under asset management. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit www.jll.com.

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