CREC Named To Exclusively Lease Aventura Corporate Center
Florida’s leading commercial real estate firm tapped to activate office campus with strong repositioning expertise and extensive Aventura office sub-market knowledge.
CREC – Florida’s leading, independent, full-service commercial real estate firm – has been selected as the exclusive leasing agent for Aventura Corporate Center, encompassing more than 252,244-square-feet of Class A office space, located at 20801, 20803, and 20807 Biscayne Boulevard, with open spaces that are responsive to the productivity needs and stylistic preferences of today’s mobile, creative workforce.
“We see CREC’s leasing ability as a win for our property, which is centrally located close to Aventura Mall, I-95, premier outdoor retail and dining destinations,” said Kenneth Fishel, owner of Renaissance Properties of New York. “Our investment in renovations to further the transformation of the office park, in combination with the appeal of building spaces to tenants who appreciate modern design and location, is a natural fit for an established leasing firm with expertise in the Aventura area.”
The leasing agreement includes two iconic five-story buildings and one six-story building on the 8.67-acre property, with tenants such as Morgan Stanley, Coconut Grove Bank, Coldwell Banker, Regus and Serendipity Labs.
Renaissance Properties of New York, owners of Aventura Corporate Center, have invested more than $5 million dollars in a modern renovation of the campus-like property, including green spaces, walking trails, electric car stations, lobby transformations, exterior and interior painting of buildings, a neoteric café, enclosed parking spaces, among other tenant amenities.
“CREC is excited to spearhead the leasing efforts for this one-of-a-kind office complex that offers both a campus environment and a fantastic Aventura location,” said CREC partner Steven Hurwitz.“We look forward to collaborating with ownership to leverage the significant capital investment, draw on the amenity-driven campus, and superior location.”
CREC partner Steven Hurwitz and senior vice president Douglas Okun will oversee leasing for the property, which includes targeting technology industries and professional services companies.
Aventura Corporate Center was acquired in 2016 by Renaissance Properties of New York, for $105.28 million, by investors Kenneth L. Fishel and Robert Fishel.
CREC is the leading, independent, full-service commercial real estate company in Florida with offices in Miami, Orlando and Jacksonville. Since its founding in 1989, CREC has provided fully-integrated real estate services, including brokerage, leasing, management, tenant representation, receiverships, workouts, as well as debt and equity financing. The company continues to uphold its mission of being “Your Florida Partner” through its commitment to providing clients with unrivaled service and a streamlined approach. Through the years, CREC has built a portfolio of more than 13 million square feet across 100-plus properties throughout Florida. For more information, visit www.crec.com.
About Renaissance Properties
Aventura Corporate Center is part of Renaissance Properties, a family-run New York based organization with primary holdings of more than one million square feet of commercial and residential luxury space throughout New York and Southern Florida. With deep expertise in identifying and redeveloping properties with untapped potential, Renaissance’s hands-on approach to all projects is paramount to its success. The company’s three-generation experience translates into over a half-century of industry knowledge since its founding in 1961.