Kevin D. Landers and Christopher Harak Represented Shoes For Crews in its 37,000-Square-Foot Headquarters Relocation Lease at Boca Raton Innovation Campus
Cushman & Wakefield and Blanca Commercial Real Estate announced today that they have collaboratively negotiated a 37,000-square-foot headquarters relocation lease on behalf of safety footwear brand Shoes For Crews at Boca Raton Innovation Campus (BRIC).
Cushman & Wakefield Director Kevin D. Landers and Blanca Commercial Real Estate Senior Vice President Christopher Harak represented Shoes For Crews in the lease negotiations. BRIC’s owner, New York-based investor Next Tier HD, was represented by Jeff Kelly, Executive Vice President at CBRE.
Shoes For Crews is a global leader in slip-resistant footwear. The company was founded in 1984 and is currently headquartered at One Clearlake Centre in West Palm Beach, where it occupies 37,657 square feet. Shoes For Crews will take occupancy on the second floor of BRIC’s Building 5000 in March 2018. The company employs more than 200 people in its headquarters office.
“The new space mirrors the growth and culture we’re nurturing at Shoes for Crews," said Dean Ngo, Vice President, Global Human Resources for Shoes For Crews. “Our new offices are being designed and built from the ground up to foster better collaboration among teams and between departments, and provide a modern, welcoming workplace for each of our employees.”
“Shoes for Crews is spread over three floors at their current location,” added Landers. “At BRIC, they will be able to efficiently office everyone on one floor while providing for future growth.”
BRIC is a 1.7-million-square-foot office campus developed in 1970 by IBM as its North America Research and Development facility. Next Tier HD acquired the asset in 2015. The park features a triple-redundant fiber synchronous optical networking (SONET) ring, state-of-the-art fitness center, on-site licensed day care, a 250-seat conference center, generous parking, modern interior finishes, 24-hour security, on-site retail, dining and banking and a Tri-Rail shuttle.
“We began this process with over three years remaining on Shoes For Crews’ lease,” said Harak. “The timing allowed us to perform a robust site selection process before the decision was made to relocate to Boca Raton.”
BRIC is situated on a 123-acre site at 500 T-Rex Avenue, providing exceptional access to the thriving city of Boca Raton, excellent exposure along Interstate 95 and a central location in Palm Beach County that is easily accessible from all locations in the South Florida market.
“Since acquiring BRIC in 2015, we have been continually improving and adding amenities at the property in an effort to attract and retain top tenants like Shoes For Crews,” said Danielle Vennett, BRIC’s Managing Director. “We look forward to a very long and mutually beneficial relationship with Shoes for Crews.”
About Cushman & Wakefield
Cushman & Wakefield is a leading global real estate services firm that helps clients transform the way people work, shop, and live. Our 45,000 employees in more than 70 countries help occupiers and investors optimize the value of their real estate by combining our global perspective and deep local knowledge with an impressive platform of real estate solutions. Cushman & Wakefield is among the largest commercial real estate services firms with revenue of $6 billion across core services of agency leasing, asset services, capital markets, facility services (C&W Services), global occupier services, investment & asset management (DTZ Investors), project & development services, tenant representation, and valuation & advisory. 2017 marks the 100-year anniversary of the Cushman & Wakefield brand. 100 years of taking our clients’ ideas and putting them into action. To learn more, visit www.cushwakecentennial.
About Blanca Commercial Real Estate
Blanca Commercial Real Estate, the leading independently owned commercial real estate brokerage firm in South Florida, provides a complete range of brokerage and advisory services to owners and users of commercial real estate. Established in 2009, the firm is noted for delivering distinct client value through a unique methodology, data-driven insight, vast network and deep community roots. Practice areas include landlord representation, tenant representation, build-to-suit advisory services, and land/investment property acquisition and disposition. For more information, visit www.blancacre.com