Colliers International Florida Brokers 20,000-SF Sunrise Sublease

May 21, 2020 No Comments by

Synechron, Inc., an expanding digital consulting company headquartered in New York with offices in 18 countries, has subleased brand-new, never-occupied office space to Health Insurance Innovations, Inc..

The transaction is valued at more than $4 million, and it is notable for the speed with which Colliers’ Team Kingsley-Rutchik handled the marketing of the surplus space and their ability to secure a subtenant for whom the space was a near-perfect fit.

Health Insurance Innovations (HIIQ), a market leading cloud-based technology platform and distributor of innovative, affordable health insurance products, has sublet the space for the remaining seven-year lease term and moved into the brand-new, fully-built out, 19,863 square foot office space, located at 1300 Sawgrass Corporate Parkway in Sunrise, with all furniture and fixtures in place.

 

“This sublease highlights that economic uncertainties present opportunities for tenants’ changing space needs,” said Jonathan Kingsley, Executive Managing Director of Office Services for Colliers International Florida. “We were able to find a replacement tenant within 90 days of getting the assignment, with terms very close to the existing obligation.”

Colliers International Florida’s Jonathan Kingsley, Jarred Goodstein, Ilyssa Ettelman, and Mark Tesser represented the sub-landlord, Synechron, in the transaction. Paul Levine of Commercial Space Realty represented the sub-tenant.

 

 

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