Stiles Brings Large Insurance Brokerage Firm to Oakwood Business Center
Posted on 2/19/2020Fort Lauderdale, FL — February 19, 2020 — Stiles Realty, a division of the full-service commercial real estate firm, Stiles, is pleased to announce a new lease at Oakwood Business Center in Hollywood. Relocating from DCOTA in the submarket, Hull & Company signed for 16,070 SF. Stiles Vice President Brad Dinneen represented the landlord in the transaction.
"With the recent announcement of Spirit Airlines headquarters relocating to the neighboring Dania Pointe development, Hollywood/Dania Beach continues to show signs of an emerging submarket, and Hull & Company's staff of close to 100 employees will be a part of that resurgence" said Dinneen. "We were able to secure the space Hull needed while taking advantage of the center's strategic location providing immediate access to I-95 and onsite restaurants all at a desirable price point."
Local tenant representation was Jeff Holding and Alex Beacham of Cushman & Wakefield.
Benefiting from its location, the Oakwood Business Center is situated directly across the street from the 102-acre, mixed-use Dania Pointe development. Both properties are owned by Kimco Realty. The recent lease with Hull & Company brought the business center up to 99% leased.
A subsidiary of Brown & Brown, Hull & Company, Inc. was founded in Fort Lauderdale in 1962 by Richard F. Hull. With offices throughout the U.S. and one in the U.K., Hull & Company is one of the largest wholesale brokerage operations in the excess and surplus lines marketplace. The Wholesale Brokerage Division markets excess and surplus commercial and personal insurance products to retail insurance agencies, and reinsurance products and services to insurance companies throughout the United States.