CRE Consultants Awarded Significant Exclusive Leasing Assignment
Bonita Springs & Fort Myers, FL – Brookwood Financial, has awarded the exclusive leasing assignment for their newly-acquired office portfolio to Randal Mercer and Brandon Stoneburner of CRE Consultants.
The 421,321-square foot, Class A office portfolio includes 15 individual buildings in 3 locations: Riverview Corporate Center and Bonita Executive Center, in Bonita Springs and Renaissance Center, located near Daniels and I-75 in South Fort Myers.
CRE’s Mercer and Stoneburner have handled the ongoing leasing and management of the assets for the past 6 years, and have been instrumental in the recovery and revitalization of the assets which at the time of offering, had an average combined occupancy of 84% at closing.
The portfolio closed on November 6th 2017, trading from seller AIG to Brookwood Financial in a strategic value-add acquisition which represents Brookwood’s first office purchase in the Southwest Florida market.
The new ownership has committed to enhance the properties with beautification efforts, capital improvement projects, and a comprehensive plan to boost leasing efforts using innovative technology including 3D tours of vacant suites, interactive floor plans, virtual office staging software, and other state-of-the-art tools designed to enhance the visitor experience when searching for space.
“We are proud that Brookwood Financial, a true leader in institutional investment, continues to trust our firm to manage leasing on its behalf, and we look forward to an ongoing partnership and unified goal to increase tenancy, and add value to the portfolio’s assets,” Mercer said.