Cornerstone V

Jones Lang LaSalle, as exclusive advisor, is pleased to present the opportunity to acquire Cornerstone V (the “Property”), a premier 52,424 SF, Class A, jewel-box office building located at 1250 S Pine Island Road in Plantation, Florida. This five-story, 100% occupied asset is anchored by the private equity firm Exuma Capital, which recently committed their headquarters to the entire fifth floor, representing 25% of the building’s rentable square footage. Situated at the main entrance of Cornerstone Corporate Park, the Property is one of the most visible office assets in South Florida and has immediate accessibility to I-595, a feature that generates significant signage revenue. Located in the bustling Midtown Plantation submarket, which has seen 41% rent growth over the past five years, the asset offers a clear path to value creation. With a weighted average lease term of 2.9 years, Cornerstone V presents investors with an ideal near-term opportunity to capitalize on current rents that are 24% below market rates and capture the significant upside of this asset.