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Cushman & Wakefield Negotiates $2M Lease at Las Olas Square

1/27/2017

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Travis Herring, Deanna Lobinsky, Katherine Ridgway and Chase Kulp Brokered an ±8,000-Square-Foot Renewal with Esquire Deposition Solutions in SunTrust Center at Las Olas Square
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Construction Rendering for 501 East Las Olas Blvd.

FORT LAUDERDALE, FLORIDA — Cushman & Wakefield announced today that it has negotiated an 8,092-square-foot office lease with Esquire Deposition Solutions in SunTrust Center at Las Olas Square.
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Cushman & Wakefield’s office leasing team of Executive Director Travis Herring, Executive Director Deanna Lobinsky, Director Katherine Ridgway and Associate Chase Kulp negotiated the lease renewal on behalf of building owner Steelbridge Capital. Esquire Deposition Solutions was represented by Stone-Miller.

Atlanta-based Esquire Deposition Solutions is a global provider of legal deposition services with 12 offices throughout the state of Florida. The firm, which has been a tenant at Las Olas Square since 2011, renewed its lease on the 13th floor and is expected to make minor improvements to its existing space.
Las Olas Square was developed in 1992 and is comprised of SunTrust Center at Las Olas Square, a 17-story office tower at 515 East Las Olas Boulevard, and 501 at Las Olas Square, a ±50,000-square-foot, three-story mixed-use building at 501 East Las Olas Boulevard. The project also includes a five-story structured parking garage and offers 24-hour security, on-site banking, an on-site café and excellent views of the Atlantic Ocean and New River.

Steelbridge will soon begin significant renovations at Las Olas Square, upgrading the lobby and common areas in SunTrust Center at Las Olas as well as making improvements to the connected parking garage.
Steelbridge also plans to fully renovate and modernize 501 at Las Olas Square. The owners will refinish the building exterior with a clean, contemporary, all-impact glass facade while updating the lobby and interiors as well as mechanical and life-safety systems. The plaza between the tower and mixed-use building will be converted to an attractive urban square designed to serve as a gathering place for tenants and the general public.

“Esquire Deposition was extremely excited about being part of the new Las Olas Square for years to come,” said Herring. “The project’s renovations, prime location and new ownership were key elements in closing this transaction.
About Steelbridge Capital
Steelbridge Capital is a Chicago- and Miami-based value focused real estate investor and real estate services provider, with special expertise in markets with high job growth and strong natural barriers to entry like Florida. It is dedicated to acquiring real estate — either through debt or equity or private or public markets — whose values have been temporarily discounted due to supply/demand imbalances in real estate capital, space or information markets and whose values can be significantly enhanced through redevelopment and repositioning. Please visit us at www.steelbridgecapital.com.

For Further Information Contact:
Travis Herring
Executive Director
Cushman & Wakefield
+1 954 377 0488
travis.herring@cushwake.com

Media Contact:
David A. Meyer
Meyer Media
+ 1 407 489 7488
david@meyer.media
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PROFESSIONALLY LEASED BY

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  KATHERINE RIDGWAY  |  TRAVIS HERRING  |  CHASE KULP
Cushman & Wakefield of Florida, LLC.
515 East Las Olas Boulevard, Suite 900
Fort Lauderdale, Florida 33301
​+1 954 938 2600 

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Copyright Cushman & Wakefield of Florida, LLC.  ©2021
​The depiction in the included photograph of any person, entity, sign, logo or property, other than Cushman & Wakefield’s client and the property offered by Cushman & Wakefield, is incidental only, and is not intended to connote any affiliation, connection, association, sponsorship or approval by or between that which is incidentally depicted and Cushman & Wakefield or its client. This listing shall not be deemed an offer to lease, sublease or sell such property; and, in the event of any transaction for such property, no commission shall be earned by or payable to any cooperating broker except if otherwise provided pursuant to the express terms, rates and conditions of Cushman & Wakefield’s agreement with its principal, if, as and when such commission (if any) is actually received from such principal. (A copy of the rates and conditions referred to above with respect to this property is available upon request.)​
  • Home
  • RENOVATIONS
  • Availability
    • 501 at Las Olas Square
    • SunTrust Center at Las Olas Square
  • Vibrant Life Style
    • On-Site
    • Las Olas
    • Downtown
  • Location
  • News
  • Contact