Firm buys Fort Lauderdale office space

Property Management Fort Lauderdale

Bentley Forbes, the major Los Angeles based real estate investment firm has recently acquired 2 Office Towers at 350 and 450 Las Olas Centre in Fort Lauderdale. The Los Angeles property management firm is known for it’s acquisition of class A properties and this transaction will give them a nice position in

Fort Lauderdale real estate.350 Las Olas has eighteen floors and 450 Las Olas has 14 floors and the combined square footage is over 415,000 feet. The property is currently 95% leased with major clients such as Wachovia, Merrill Lynch and other financial players.

The Fort Lauderdale property management market has remained strong at a vacancy rate of 10% which is right in line with 2006. Bentley Forbes’ focuses on quality asset and growth market specifics and they feel that the South Florida Property Management field has a solid growth rate currently and in the future. It is unclear if they are going to select a

Fort Lauderdale property management team or a national firm. RPM Fort Lauderdale Property Management

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