Stiles announces New York Life will be signature tenant at Lake Shore Plaza II
In one of Broward County’s largest office lease agreements this year, Stiles Realty has announced that New York Life has signed a 28,230 square foot lease at Lake Shore Plaza II, and will be the signature tenant at the Class A “green” office building in Sunrise.
“At a time when many other companies are shrinking, New York Life is stronger than ever,” said Greg Jensen, South Florida managing partner for the New York-based Fortune 100 company. “As we continue growing in South Florida, finding the newest, best and ‘greenest’ building in the market was a priority – and Lake Shore Plaza II meets those needs. The building is both a great reflection of the quality of our company, and a solid value.”
Despite current economic conditions, Stiles’ leasing team is seeing a high level of interest from national and regional companies seeking top-quality, energy-efficient office product, according to Tom Kates, president of Stiles Realty. Citing the recent roll-out of the Stiles organization’s rebranding message – ‘Invest. Build. Manage.’ – Kates added, “Our full-service model is also proving attractive to corporate tenants, by offering ‘one-stop’ service for tenant improvements.”
Completed in summer 2008, Lake Shore Plaza II, a joint venture of Stiles Corporation and WLD Enterprises, has already drawn other top-tier corporate clients, including T-Mobile and The Florida Bar.
Located in Sawgrass International Corporate Park at the intersection of I-75 and I-595 and the Sawgrass Expressway, Lake Shore Plaza II is Broward’s first multi-tenant office building pre-certified to meet Leadership in Energy and Environmental Design (LEED) standards, and the developer expects Silver LEED certification for the building. Kates said the facility provides significant energy cost savings, outstanding indoor air quality and other sustainable benefits for tenants. In addition, Stiles Property Management uses only “green” cleaning products and pesticides in maintaining Lake Shore Plaza II.
Headquartered in Fort Lauderdale, Stiles is responsible for more than 37 million square feet of office, industrial, retail and mixed-use residential projects throughout the southeastern United States.
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on May 3 2009. Filed under Employment, Environmental, New businesses.
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