Texas-Based Bank Opens First Office in South Florida
ByStiles Realty arranged a seven-year lease at New River Center, a Class A, 287,043-square-foot office building in Downtown Fort Lauderdale, Fla. The tenant, Woodforest National Bank, will bring 15 employees to its new commercial lending office.
The Stiles Realty advisory team led by Senior Vice President Norm Adams and Associate Danielle Story represented the landlord, PGIM Real Estate, while Glenn Gregory, managing director at Transwestern, worked on behalf of the tenant in the lease negotiations. This will be the Texas-based financial institution’s first location in South Florida. The new office build-out is slated for completion in July, and Woodcrest will operate a temporary office in the building until the move…