Las Olas Centre

Jones Lang LaSalle, Inc. (“JLL”) is pleased to present the opportunity to acquire Las Olas Centre (the “Property”), a 470,810 square foot, trophy mixed-use asset in the epicenter of one of South Florida’s most dynamic markets: the Fort Lauderdale CBD. The Property is currently 76% leased to a unique roster of tenants with a 6.5-year Weighted Average Lease Term. Las Olas Centre offers a diverse income stream that includes national and boutique office tenancy, credit-rated retail tenancy, and substantial parking revenue with significant upside potential. The Property accounts for 52% of the Tier I vacancy in the Fort Lauderdale CBD, which has a historical average occupancy above 90%, providing a significant lease-to-core opportunity. With two class A office towers and a retail promenade spanning two full blocks on Las Olas Boulevard, Las Olas Centre serves as the locus around which Fort Lauderdale’s vibrant work, live, play ecosystem revolves, offering convenient accessibility and visibility for a rapidly growing population.

The Offering presents an exceptional opportunity to acquire a mixed-use asset with diversified income and a myriad of opportunities for future value creation. The seller is prepared to offer better than market first lien financing to qualified investors. Please contact the JLL deal team to learn more.