Wireless Communications Company Expands By 40,000 SF, Inking 77,000 SF Lease Deal

Oct 24, 2018 No Comments by

Wireless communications company SR Technologies is expanding its footprint.

The company will occupy 77,116 square feet, an expansion of 40,000 square feet, in the Sawgrass Technology Park, a 10-building, 515,000-square-foot office campus located at 1619 NW 136th Ave. in Sunrise.

Cushman & Wakefield negotiated the deal. Jeff Holding and A.J. Belt represented SR Technologies while Deanna Lobinsky and Chase Kulp represented the landlord, Fifteen Group.

The company currently occupies space in multiple locations in Davie.

SR, which employs 218 people, said it will add 40 jobs and invest $1 million in capital improvements, including tenant upgrades and new technology. The company is approved for performance-based tax incentives from the city and state, which could amount to $280,000 over five years, for the 40 new jobs, according to the Greater Fort Lauderdale Alliance.

 

Source:  CoStar

 

 

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