The long-awaited $790 million runway expansion at Fort Lauderdale-Hollywood International Airport will have the Broward County Aviation Department departing its home on airport grounds.
The department recently signed a five-year lease with Boston-based Cabot Properties for 32,812 square feet at 2200 SW 45th Street in Dania Beach. The agency´s current office is in the path of the new runway, which will soar over U.S. 1.
The agency is expected to move into its new office, a former administrative office for Robb & Stucky, in the first quarter of next year.
Tom Viscount of Butters Realty & Management, John Halliday and J.C. Halliday of the Halliday Group and John Dohm of Infinity Commercial Real Estate brokered the transaction.
“The three brokerage firms worked together to get this lease completed, with each playing an integral role to help the Aviation Department meet its tight financial budget, which was good for the county, while delivering a top-notch government tenant to Cabot,” Viscount said. “It was a time-consuming and challenging transaction and could not have been done without the efforts and cooperation of everybody. Cabot was really willing to go the extra mile for the Aviation Department.”
The 24-year-old Butters Group has developed and constructed more than 10 million square feet of commercial space in South Florida and currently manages and leases 3.2 million square feet across the region.
For more information, please read the The South Florida Business Journal.
