550 Building in Downtown Fort Lauderdale Provides Ideal Location and High Parking Ratio
Bank OZK has become the latest tenant in Downtown Fort Lauderdale’s new 550 Building with a five-year lease for 4,760 sq. ft. of ground floor bank space brokered by Berger Commercial Realty.
“The 550 Building location rose to the top the list for Bank OZK as they recognized the value of this prime location in the burgeoning SOLO District of Downtown Fort Lauderdale,” Berger Senior Vice President Joseph Byrnes explained. “Its building lobby position affords Bank OZK high exposure, easy access, and the luxury of having the highest parking ratio available in Downtown Fort Lauderdale with a 634-car parking garage.”
Byrnes, together with Berger Senior Sales Associate Jonathan Thiel and Sales Associate John Forman, handled the transaction for the 550 Building landlord, Blackhawk Properties & Investments.
Led by Clinton Casey and Bill Rotella, The Rotella Group represented Bank OZK.
The seven-story building at 550 S. Andrews Avenue is adjacent to the new County Courthouse and features six floors of office space, ground floor restaurant patio space, and storefront retail space.
For more information about Berger Commercial Realty’s leasing services, call 954-358-0900.