May 19 2016

Metropica Bets On This Firm To Lease 550,000 SF Of Office Space

MIAMI—The owners of Metropica, an urban high street development spanning 65-acres and more than 4 million square feet of residential, commercial, hotel, conference and public spaces, just picked Avison Young as its exclusive leasing management firm on the office side. Metropica will be home to 550,000 square feet of office space at 1800 NW 136th Avenue in Sunrise, FL.
 
Avison Young principals Keith O’Donnell, Michael Fay, and Donna Abood will market Metropica’s two office components: 150,000 square feet of class A office sitting over street-level retail to the south of the project and 400,000 square foot business park campus with parking garages to the north.
 
“The office occupier interest in true mixed-use development within Sunrise is strong,” O’Donnell tells GlobeSt.com. “As such, we will start marketing the Metropica office component early this summer and expect to have one or possibly two buildings completed by spring-summer 2018.”
 
Metropica is located at the center of Miami-Dade, Broward and Palm Beach counties. The Sawgrass Expressway, Interstate 75, and Interstate 595 border Metropica, which is also close to Florida’s Turnpike and Interstate 95.
 
“In line with the recent trend of suburban office markets throughout Broward County outpacing core / central business district occupancies, West Broward continues to attract business seeking to take advantage quality space at the point of need and speed—increasing productivity by decreasing commute time,” says O’Donnell. “As the first new office construction in the Sawgrass submarket since 2008, Metropica’s office space will attract businesses from all three counties seeking to be more centrally located in order to better serve their clients-consumers and draw from the large potential workforce residing along South Florida’s western boundary.”
 
When complete, the mixed-use planned community envisioned by Joseph Kavana of KGH International Development will offer about 1,900 high-rise residential units, shopping and dining, a five-star health and wellness center, a beach club, several public spaces dedicated to visual and performing arts, and elevated recreational amenities such as a tennis club, mini-soccer fields and its very own 2.5 acre Central Park.

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