Fort Lauderdale, Fla., June 30, 2023 – Feldman Equities has announced the signing of numerous new leases within Pinnacle Corporate Park, a Class A office campus at 500 and 550 West Cypress Creek Road. Pinnacle Corporate Park, in the Cypress Creek submarket, is adjacent to the intersection of West Cypress Creek Road and is immediately adjacent to a Tri-Rail railroad station.
The roster of new and expanded tenants at Pinnacle Corporate Park includes:
“We’re thrilled to extend a warm welcome to our new tenants joining the dynamic community of Pinnacle Corporate Park,” said Larry Feldman, president and CEO of Feldman Equities. “We’re commitment to providing a topnotch experience for our tenants, and the recent additions to our tenant roster are a testament to the capital improvements we’ve implemented. At Feldman Equities, we have worked very hard to enhance the overall environment and services we offer to our valued tenants.”
Pinnacle Corporate Park was 80% occupied when Feldman Equities acquired the property about two years ago. Following the acquisition, ownership has recently completed a multimillion-dollar renovation to the property. The renovations were designed by the world-renowned Gensler architectural firm. Improvements include:
- Large high-end fitness center
- First-class tenant lounge with soft seating and private meeting booths
- Indoor and outdoor game area
- Beautiful new café with indoor and outdoor seating
- Patio area with new pergolas for shade
- New lighting throughout the common areas of the building
Pinnacle Corporate Park boasts near immediate access to Interstate 95 and is walking distance to hotels, restaurants, retail and banking and following the renovations, the buildings are now the best-amenitized office buildings in the Cypress Creek submarket. Pinnacle Corporate Park also offers EV charging stations and an on-site parking ratio of four spaces per 1,000 rentable square feet.
Despite the weaker office market nationally, the Sunshine State’s office market is benefitting from robust job growth, nation-leading population growth, a business-friendly regulatory climate and an influx of employers and workers from other parts of the United States.
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About Feldman Equities:
Feldman Equities is a major owner of office properties in Florida. Feldman Equities, LLC. encompasses a century of success in commercial real estate development and ownership throughout the United States. Feldman Equities and its joint venture partners own or manage more than 4 million square feet of Florida office space. Over the past 30 years, Feldman Equities has developed or acquired more than 11 million square feet of office and retail properties with an aggregate value in excess of $3 billion. Feldman Equities is a standout, recognized for its trademark, hands-on approach to turning around distressed assets. Feldman Equities is marshaled by its president and CEO, Larry Feldman.