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PRESS RELEASE: Avison Young Leads the Signing of New 17,225 SF Lease at Riverbend Corporate Park

Fort Lauderdale, FL  — Avison Young is pleased to announce that Online Vacation Center Holdings Corp., one of the country’s largest cruise retailers, has signed a new long-term lease for 17,225 square feet at Riverbend Corporate Park Building B located at 2307 W. Broward Boulevard in Fort Lauderdale, Fla. Greg Martin, Principal with Avison Young, worked with True North Management Group and Delma Properties, Inc., the new ownership of Riverbend Corporate Park, to complete the transaction.

The addition of Online Vacation Center increases the occupancy at the 66,917 square foot office building to 75 percent, a gain of more than 25 percent.

“The notable lease transaction with Online Vacation Center is an example of increased corporate optimism overall in the Broward market, specifically in Fort Lauderdale,” said Martin.“With plans for further office space development plus new retail in the area, Riverbend Corporate Park is the ideal place to locate and grow a business for years to come, with room to expand.”

Centrally located between Miami and Palm Beach, Riverbend Corporate Park is minutes away from Downtown Fort Lauderdale, Fort Lauderdale-Hollywood International Airport, I-95, I-595, the Florida Turnpike, and Port Everglades. Building B features full impact/low E window systems, luxuriously appointed lobbies, and full fiber optics. The building is situated in a lush landscape environment with numerous water features and ample parking.

“Online Vacation Center was seeking an impressive new location with convenient access to transportation and major thoroughfares for employees,” noted Martin. “At the nexus of the region’s existing transportation network and emerging transit hub, Riverbend Corporate Park presented a valuable solution to the office space needs of the company.”

Online Vacation Center was represented by Julie Berry, Broker Associate with Stiles Realty.

Avison Young’s South Florida operations provide best-in-class services to local, national and international clients while also networking with the firm’s other offices across the U.S. and Canada. For more information about Avison Young, please contact Mr. Martin at (954) 903-1800 or visit www.avisonyoung.com/offices/south-florida-ft-lauderdale.

Avison Young was a winner of Canada’s Best Managed Companies program in 2011 and the company announced last week that it had requalified in 2012 to maintain its status as a Best Managed company.

Avison Young is the world’s fastest-growing commercial real estate services firm. Headquartered in Toronto, Canada, Avison Young is a collaborative, global firm owned and operated by its principals. Founded in 1978, the company comprises 1,300 real estate professionals in 52 offices, providing value-added, client-centric investment sales, leasing, advisory, management, financing and mortgage placement services to owners and occupiers of office, retail, industrial and multi-family properties.