Tom O’Loughlin and Larry Genet
CBRE Senior Vice Presidents Tom O’Loughlin and Larry Genet negotiated an expansion on behalf of Saint Lucie Technology Campus, a corporate headquarters-style office/call center located at 8881 S. US Highway 1 in Port Saint Lucie, Florida.
Ft. Lauderdale-based Convey Health Solutions,a healthcare technology and services company, was represented by Ryan Nunes,Executive Vice President and National Director with JLL, and will relocate staff to occupy the entire building.
“Our team was grateful to have been selected to market Saint Lucie Technology Campus, a two-building master planned project,” commented O’Loughlin. “Ownership understood our team’s capability in marketing the property to both local and national tenants. We were able to secure a single-tenant that greatly reduced our ownership’s transaction expense while maintaining the buildings maximum value. This is the fourth largest single tenant corporate call center building the team has successfully leased in the last 18 months.”
“Our proprietary marketing program can be applied to any project, anywhere in the state,” added Genet. “Targeting high net worth homes in the area with letters, social media ads directed to area C-Suite executives and real estate managers, tens of thousands of agents in the state of Florida, to state-of-the-art 3D Virtual Tours (click here to view).
The 64,000-square-foot Saint Lucie Technology Campus features a 9,852-square-foot warehouse and production area with dock high loading, as well as expansive parking and 600 feet of linear frontage on Highway US 1 (Federal Highway) with a direct turn-in lane from both directions, according to a property flyer.
“Convey Health Solutions chose to relocate one of its existing facilities to support the continued growth of the business,” said Nunes. “As we evaluated the landscape of potential office space alternatives, Saint Lucie Technology Campus provided an effective plug-and-play solution to ensure a seamless transition of operations while solving the client’s long-term needs.”
In December 2017, Nunes arranged for the expansion of Convey Health Solutions in downtown Fort Lauderdale, where the tech-oriented health company leased 33,360 square feet at One Financial Center, tripling its 11,000-square-foot footprint. The deal marked Downtown Fort Lauderdale’s largest headquarters lease of 2017.
About Tom O’Loughlin: CBRE Senior Vice President Tom O’Loughlin specializes in providing brokerage services to owners and occupiers of industrial property in the South Florida region. Tom’s experience incorporates representation for local, regional and national clients, and includes investment sales disposition, owner-occupant acquisitions, tenant agency, and landlord representation. With over ten years of experience in the industrial sector, Tom has provided oversight for more than 8.1 million square feet in leasing and sales transactions in Broward and Miami-Dade counties. Tom holds the prestigious SIOR and CCIM designations and is an active member of CBRE’s Industrial Advisory Council—a select national group of professionals gathering and evaluating business intelligence to develop comprehensive business strategies for the company.
About Larry Genet: CBRE Senior Vice President Larry W. Genet has extensive experience in landlord agency, tenant representation, acquisitions, dispositions and property management. As a third-generation commercial real estate professional and South Florida native, Larry boasts deep community ties, an intimate knowledge of the South Florida market and numerous professional contacts. Larry’s leasing expertise of industrial, office and medical properties coupled with his experience in acquisitions and dispositions gives him the ability to represent a myriad of clients in the South Florida market.
For more information, please call 954-331-1740 or visit http://www.dockhighwarehouse.com.
About CBRE Group, Inc.: CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartering in Los Angeles, is the world’s largest commercial real estate services and investment firm (based on 2015 revenue). The Company has more than 70,000 employees (excluding affiliates), and serves real estate investors and occupiers through more than 400 offices (excluding affiliates) worldwide. CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at http://www.cbre.com.
