PLANTATION OFFICE BUILDING GAINS FOUR NEW TENANTS
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Levy Public Relations
Companies involved with energy, money, tech and tourism have secured space in an eight-story office building in Plantation.
The new leases amount to about 16,000 square feet of office space at 900 South Pine Island Road in Royal Palm II. The landlord, an affiliate of Dallas-based Lincoln Property Company, was represented by Tere Blanca, Danet Linares, and Nicole Kaiser of Blanca Commercial Real Estate.
Taking the largest share of office was Atlas Renewable Energy, a company that builds, finances, and develops clean energy solar and wind projects, mainly in South America, and has offices in Spain, Chile, Brazil, and Colombia. Atlas closed on a 6,686-square-foot office lease that Atlas now lists on its website as its headquarters. Atlas’ HQ was previously located at 1212 Brickell Avenue.
Osaic Wealth, Inc., a Phoenix-based wealth management solutions company with offices across the U.S., took a 3,748-square-foot office. Last year, Osaic acquired Lincoln Financial Group for about $650 million. Osiac now has $700 billion in assets under administration and more than 11,000 affiliated financial professionals, the company’s website stated.
The Nassau & Paradise Island Promotion Board, which promotes hotel and convention packages on the two Bahamian islands, took a 3,010-square-foot office. The board will relocate from an office 1,600 feet away in the Cornerstone One building at 1200 Pine Island Road in Plantation.
And WeFi Technology Group, a Colorado-based fintech company that offers supply chain finance solutions, will take a 2,554-square-foot space.
None of the tenants immediately returned inquiries for comment.
Blanca Commercial also announced it secured lease renewals for four tenants occupying the neighboring Royal Palm I building at 1000 South Pine Island Road. They are Brookfield Corporation (35,000 square feet), Robert Slack, LLC (2,441 square feet), NCS Pearson (1,672 square feet), and Jamestown (989 square feet).
Built in 2008, both office buildings underwent significant upgrades this year that included on-site food and beverage options, a 50-person conference facility, and a tenant-only fitness center. The facility also has complimentary parking for tenants and designated food truck and farmer’s market days, Blanca CRE stated. Available office space for 900 and 1000 S.Pine Island Road were listed on Loopnet.com for $29.50 per square foot at triple-net, not including utilities, property expenses, or building services.
The office park was acquired for $128 million by TR Royal Palm Corp., an affiliate of Lincoln Property Co.’s LPC Realty Advisors, in August 2024.
