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Stiles Keeps 54-Year-Old Building 100% Leased

MIAMI-London-based Center for English Studies, a 301 Las Olas Place tenant since 1998, is renewing its 16,408-sf space at the eight-story, 88,000-sf building in Downtown Fort Lauderdale, FL for seven years at an estimated aggregate rent of $1.72 million.

By Alex Finkelstein | Updated on June 05, 2002

MIAMI-Keeping good tenants also keeps Stiles Corp. properties near the fully leased level as indicated by a new seven-year, 16,408-sf renewal lease from London-based Center for English Studies at the 54-year-old, eight-story, 88,000-sf 301 Las Olas Place building in Downtown Fort Lauderdale, FL.

The estimated aggregate value of the lease is $1.72 million. The 1948-built property, fully renovated in 1998, is 100% leased. A three-floor office addition was added four years ago. Quoted rent is $15 per sf.

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