Coastal Tower InPlace Marketing May 24, 2023
Ft. Lauderdale, Florida

Coastal Tower

Property Details

2400 East Commercial Blvd.
Ft. Lauderdale, FL 33308

270,142 Sq. Ft.

PROPERTY TYPE

Office

Investment Highlights

  • Prominent location at the intersection of 2 major thoroughfares (US-1 & Commercial Blvd)
  • Proximity to major markets including downtown Fort Lauderdale, Boca Raton, and Cypress Creek
  • Dedicated on-site parking garage for 4/1,000 SF parking ratio
  • Stunning panoramic views of the Atlantic Ocean and downtown Ft. Lauderdale skyline
  • Onsite security, management office, tenant amenity center, and fitness center
  • Major asset repositioning completed including new lobby, new corridors, new restrooms, tenant amenity suite, and fitness center
  • Significant increase in occupancy and rental rates since acquisition
  • Acquired from affiliates of CalSTRS
  • Major tenants include:
    • USI Insurance Services
    • Marshall Dennehey Warner Coleman & Goggins, P.C.
    • Multi-Bank Services