ITRA Stagman Commercial Real Estate Advisors Assists Gabriel Roeder Smith and Co with Nearly 10,000 sq ft, Office Lease in Ft Lauderdale
Released on: January 3, 2008, 12:58 pm
Press Release Author: Rapport Associates, LLC.
Industry: Real Estate
Press Release Summary: Stagman Commercial Real Estate Advisors, ITRA's representative for the Ft. Lauderdale, Florida market, has been instrumental in closing a lease transaction for nearly 10,000 sq. ft of office space in Wachovia Tower in the downtown section of Ft. Lauderdale for Gabriel Roeder Smith & Company (GRS).
Press Release Body: Ft. Lauderdale, FL, 12/18/07 - The International Tenant Representative Alliance (ITRA) announced today that Stagman Commercial Real Estate Advisors, ITRA's representative for the Ft. Lauderdale, Florida market, has been instrumental in closing a lease transaction for nearly 10,000 sq. ft of office space in Wachovia Tower in the downtown section of Ft. Lauderdale for Gabriel Roeder Smith & Company (GRS). GRS, a leading provider of actuarial and benefits consulting services, retained ITRA/Stagman on an exclusive basis to locate appropriate office space and to negotiate terms of both the final lease agreement and the build-out.
From first viewing to occupancy, the GRS transaction took over one and a half years to complete; it includes a term of ten years and an extensive build-out. A highlight of this transaction is that the subject building is undergoing extensive common area renovations including new granite flooring, new deep oak millwork, new lighting and fixtures, new ceilings and wall coverings, new porcelain floors and extensive upgrades for the restrooms. With ITRA/Stagman's help, GRS was able to secure terms at a pre-renovation lease rate and have the benefit of all the new improvements to the building throughout the lease term.
Located in South Florida, ITRA/Stagman Commercial Real Estate Advisors is the leading independent, exclusively corporate tenant representative firm in the market. The company, which is owned and operated by Jason T. Stagman, CCIM, is a commercial brokerage that solely represents the interests of businesses seeking to lease or purchase commercial property. Because his firm does not represent professional landlords, developers, or REITs, Stagman effectively and without conflict of loyalties evaluates and negotiates those properties best suited to corporate clients' needs, rather than those that meet the landlords\' objectives.
With representation in over 68 cities, the International Tenant Representative Alliance (ITRA), is the leader in exclusively representing corporate buyers and tenants worldwide. ITRA firms advocate for their corporate clients to find the most suitable space and then assist them in negotiating the best possible lease terms.
Througout the process of finding the optimal property and negotiating the best possible terms for leasing that property, this global organization provides knowledgeable and objective advice from local office leasing professionals. ITRA affiliates do not represent professional landlords or real estate management companies, eliminating the potential conflict that exists with traditional brokers.
For more information about ITRA/Stagman Commercial Real Estate Advisors, contact Jason T. Stagman, CCIM, at 6401 Congress Avenue, Suite 140, Boca Raton, FL 33487 Tel. 1.561.376.5100/ FAX 1.561.988.5525 or visit www.StagmanCom.com.
For more information regarding ITRA, please contact ITRA\'s Executive Director, Beth Wade, at 1.888.925.4872 (Canada and US) or 1.706.654.3201 (International) or by email at bwade@itraglobal.com, or visit the ITRA website at www.itraglobal.com.
Web Site: http://www.stagmancom.com
Contact Details: Jason T. Stagman 6401 Congress Avenue, Suite 140, Boca Raton, FL 33487 Tel. 1.561.376.5100 FAX 1.561.988.5525 stagmanj@itraglobal.com www.StagmanCom.com