Tours of retail and office space for over 70 brokers, friends and guests kicked off the festivities of “TowerFest”, a re-introduction event held on Tuesday, October 3 at the eight-story Atlantic Tower, 225 N. Federal Highway, Pompano Beach, FL by building owner 225 N. Federal Highway, LLC, an entity of Brenner Investment Properties, along with listing agent and management company CBRE. Guests were also treated to “A Taste of October” featuring 26° Brewing Co. showcasing craft beers, while A Fare to Remember provided the catered seasonal appetizers.
With guests gathered on the eighth floor to enjoy the building’s views of Pompano Beach, Scott Brenner, Esq., CCIM, SIOR, RPA, CAM, principal of Brenner Investment Properties welcomed the crowd and introduced Ric Green, President of the Greater Pompano Beach Chamber of Commerce, who was the featured speaker for the event.
Green updated attendees on the economic development progress in Pompano Beach. He spoke about the recent additions of the Cultural Arts Center, the Fishing Village, and the activities of the city’s two CRAs and more. He noted that Atlantic Tower is in the city’s Innovation District, which is a movement to bring more corporate tenants into the city. He said, “There are 443 buildings in Pompano Beach. In the last four to five years, the vacancy rate has decreased. There is so much going on here. Pompano Beach is making a big difference.”
Other notable attendees included Greg Harrison, City Manager of Pompano Beach, who said that the future tenants of Atlantic Tower “represent a lot of potential” to enhance the city’s commercial, retail and office profile. Chris Clemens, Economic Development Manager of Pompano Beach, commenting also on the Innovation District, said that Pompano Beach has 29 million square feet of industrial space, but only 1 million square feet of office space, and that if the city can increase the office space it can attract more companies and corporate headquarters.
Elaine Fitzgerald, an Economic Development Council member who also attended Towerfest, noted, “Atlantic Tower is in the heart of the city, and it is the only big space like this we have right here. The building offers a great opportunity and will be a fabulous find for someone. In the last few years, Pompano has made a priority of thoughtfully continuing to improve its infrastructure and appearance throughout the city, including the beach area and along Atlantic Boulevard. In doing so, new private projects and money have followed, exponentially increasing the value and quality of life in the area.”
Scott Brenner noted, “Atlantic Tower has long been the home for Everest University who vacated this year because of consolidation of locations. We have completed some renovations to the property and it is now move-in ready for another educational institution as a complete building or for multi-tenant use. Our TowerFest was a great way to let the community and brokers know that this icon on North Federal Highway is ready to once again be an asset to the thriving Pompano Beach city scene.”
Deborah Fink, Vice President with CBRE, leasing representative for Atlantic Tower, presented information on the available space for lease in the building. According to Ms. Fink, office/classroom suites are available from 7,470 SF to the entire building of 53,144 SF. Ground floor retail spaces and restaurant space is available to subdivide up to 6,365 SF plus a 1,959 SF mezzanine.