The parent company of Kaplan University renewed a lease for 193,000 square feet of office space in Fort Lauderdale’s Cypress Creek area.
It is the largest office lease executed in Broward County since 2015, according Jeffrey Samaras, executive managing director of brokerage firm Cushman & Wakefield.
Kaplan Inc. renewed it lease of the two office buildings at Cypress Creek Concourse, a 45-acre development built in 2002.
The two buildings at 1515 and 1525 Cypress Creek Road house Kaplan’s corporate offices and the management, administrative and support facilities of its Higher and Professional Education Group.
Other large leases for office space elsewhere in the Cypress Creek area were signed earlier this year.
Liberty Tower leased 40,000 square feet and State Farm 20,000 square feet at 2100 West Cypress Road in Cypress Creek, a 180,000-square-foot office building where the building’s owner, Hotwire Communications, occupies 120,000 square feet.
Source: The Real Deal South Florida