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Florida & Gulf Coast  + South Florida  + Office  | 
A partnership has purchased a 24-story office tower in downtown Ft. Lauderdale

Florida Partnership Buys Ft. Lauderdale Tower for $43M

A partnership of Boca Raton-based Pebb Capital, Fort Lauderdale-based Intalex Capital, and Delray Beach-based CDS International Holdings has purchased a 24-story office tower in downtown Ft. Lauderdale. Coral Gables-based Amerant Bank financed the $43 million deal.

Stockbridge 110 East Broward LLC, an affiliate of Stockbridge Capital, sold the 343,500-square-foot office at 110 E. Broward Blvd. It acquired the building out of foreclosure in 2018 for $41.06 million. The prior owner completed multimillion-dollar renovations to the common areas and lobby in 2021. The tower, located on 1.6 acres, was built in 1982.

CBRE’s Christian Lee, Andrew Chilgren, Marcos Minaya and Sean Kelly brokered the deal. CDS also worked with Greenwall Capital Management and law firm Kapp Morrison.

Travis Herring and Katherine Ridgway of Cushman & Wakefield will lease the building, which is just over 50-percent occupied. They have secured about 76,000 square feet of new tenants.

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About Angela Noote

Angela Noote is a native of Northern California and graduated from Chico State with a degree in public relations. After college she moved to the Central Coast and worked first in ad sales then in editorial, eventually spending more than a decade as a print reporter and editor. She detoured into design work at a printer/publisher, and with a partner eventually opened a boutique full-service marketing agency. Moving into corporate communications, she built and managed several successful marketing teams in the hospitality, financial services, and nonprofit industries. Most recently she was an internal comms manager in the tech sector. After a long stint spent in Georgia (Go Dawgs), she moved to Baton Rouge, LA and has written for clients in the financial, luxury imports, higher ed, commercial cleaning, and medical equipment industries. Her son is a media arts major at the University of South Carolina, and her husband owns a comedy theater in Baton Rouge, where you can often find Angi teaching improv classes, leading corporate training events, or doing an occasional stand up set.

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