Colliers International Facilitates Expansion and Extension of World’s Largest Cruise Agency at Crown Center

7/10/17

Ronald A. Schagrin and Sal Bonsignore

The Colliers International South Florida team of Ronald A. Schagrin and Sal Bonsignore has represented owner Fort Lauderdale Crown Land, Inc. in the expansion and extension of a long-term Crown Center tenant, at the property located at 1201 W. Cypress Creek Road, Fort Lauderdale. The lease to CruiseOne, Inc. will accommodate operations for Dream Vacations, CruiseOne and Cruises Inc., subsidiaries of World Travel Holdings, the world’s largest cruise agency and award-winning leisure travel company.

“CruiseOne, Inc. has been a valued tenant of Crown Center for many years,” said Sal Bonsignore, Vice President with Colliers International South Florida. “When they expressed their need for additional space, we were able to work closely with both Midgard Management and CruiseOne, Inc. to accommodate expansion needs in an efficient and non-disruptive manor.”

The new 20,000 square-foot office lease allows CruiseOne and its affiliate brands to expand operations within Crown Center, an uptown office campus ideally-located within close proximity to the South Florida community served by the travel giant.

“As the largest distributor of cruise vacations in the world, it is important for World Travel Holdings to have a presence in South Florida — the cruise capital of the world,” said Debbie Fiorino, senior vice president of World Travel Holdings. “Since 2010, our franchise brands CruiseOne and Dream Vacations, and independent business opportunity Cruises Inc. have called this office our world headquarters. From ribbon cuttings and brand launches to ceremonies honoring military veterans, Midgard has supported us in all of our efforts to make business dreams become a reality for entrepreneurs nationwide.”

The densification of South Florida’s urban core and downtown markets and rise in rents has added appeal to the suburban office markets, which have outperformed downtown during the first half of the year, especially for tenants that do not have a necessity to be in the CBD. Amentity-rich suburban office campuses such as Crown Center appeal to numerous large, corporate tenants with attractive amenities such as an on-campus cafe, abundant parking, electric vehicle charging stations and a professional on-site property management team. Spanning 24 acres fronting Cypress Creek Road, the six-building office campus is located within minutes of I-95, restaurants, hotels, shops and banking.

About Colliers International Group

Colliers International Group Inc.(NASDAQ and TSX: CIGI) is an industry leading global real estate services company with more than 15,000 skilled professionals operating in 68 countries. With an enterprising culture and significant employee ownership, Colliers professionals provide a full range of services to real estate occupiers, owners and investors worldwide. Services include strategic advice and execution for property sales, leasing and finance; global corporate solutions; property, facility and project management; workplace solutions; appraisal, valuation and tax consulting; customized research; and thought leadership consulting.

Colliers professionals think differently, share great ideas and offer thoughtful and innovative advice that help clients accelerate their success. Colliers has been ranked among the top 100 outsourcing firms by the International Association of Outsourcing Professionals’ Global Outsourcing for 12 consecutive years, more than any other real estate services firm.

For the latest news from Colliers International, visit Colliers.com or follow us on Twitter (@Colliers) and LinkedIn. For the latest news from Colliers International in South Florida, follow us on Twitter (@ColliersSFL) and LinkedIn.

About Dream Vacations, CruiseOne® and Cruises Inc.®

Dream Vacations, CruiseOne® and Cruises Inc.® are part of World Travel Holdings, the world’s largest cruise agency and award-winning leisure travel company. The Dream Vacations and CruiseOne franchise opportunities give entrepreneurs a choice in how they want to brand their travel business, and Cruises Inc. is an independent business opportunity. Both business models provide a work-from-home opportunity to those interested in selling all types of travel experiences whether it be a cruise, resort stay or land tour. With a mission of delivering a remarkable experience, travel agents with all three brands are given premium resources to plan and create a seamless vacation experience for the customer while offering the best value. For more information on Dream Vacations and CruiseOne, visit www.DreamVacationsFranchise.com, like the Facebook page www.facebook.com/DreamVacationsFranchise and follow on Twitter at @Dream_Franchise. For more information on Cruises Inc., visitwww.SellCruises.com and become a fan on Facebook at www.facebook.com/SellCruises.

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