The Main Las Olas’ office component reached 100% leased two years after receiving its temporary certificate of occupancy in downtown Fort Lauderdale. Blanca Commercial Real Estate, an independently owned, full-service commercial real estate services firm in South Florida, manages the 1.4 million-square-foot property.
“We are thrilled to reach this milestone,” Danet Linares says, Executive Vice Chairman of Blanca Commercial Real Estate. “Over the last year, flight-to-quality remained at the forefront of all major office moves and the uptick of new-to-market demand translated into the stellar performance of new office developments and top-tier existing Class A office space.”
The mixed-use office, residential and retail community features Class A offices, high-end architecture, chic residences and hospitality and retail businesses for dining and shopping. The 25-story building features a 387,402-square-foot tower, 17,355 square feet of retail space, a 2,951-square-foot fitness center, a 3,360-square-foot office lounge and conference center, and an outdoor terrace featuring a fire pit, bar and glass floor oculus with panoramic views of Las Olas with event and conference space.
The property’s leasing team is led by Danet Linares, executive vice chairman of Blanca Commercial Real Estate, alongside Christina Jolley, senior vice president; Sky Jones, associate vice president; and Tere Blanca, chairman & CEO. The Main Las Olas was developed by Shorenstein Properties LLC and Stiles and designed by the nationally acclaimed architecture firm Cooper Carry.
“We are extremely pleased with the success of The Main Las Olas, the first luxury office of its kind,” Charles Malet says, president and Chief Investment Officer at Shorenstein. “The property underscores Shorenstein’s continued focus on developing differentiated, best-in-class office properties in attractive and growing markets. As preferences for office spaces continue to evolve, we believe these types of top-quality spaces will remain the desired choice for tenants nationwide.”
Moxies and Fogo de Chão occupy the anchor retail on the ground floor of The Main Las Olas. Other tenants include:
- Starr Indemnity
- Raymond James
- Cherry Bekaert
- Shutts & Bowen
- Synovus Bank
- Walker Dunlop
- Starboard Value
“Along with our partner Shorenstein, we set out to establish a new bar for luxury urban office, not only in Fort Lauderdale but in all of South Florida,” Ken Stiles says, CEO of Stiles. “The Main Las Olas offers a truly distinctive integrated work, life and entertainment experience with an unmatched level of quality, amenities and design. We are proud to have had the opportunity to continue our 72-year track record of quality development with this iconic project.”