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PATRINELY GROUP ANNOUNCES PLANS FOR OFFICE CONDOMINIUMS AT
CORNERSTONE CORPORATE CENTER
PLANTATION, Fla. - (June 30, 2006) - Patrinely Group, LLC, a national real estate development company, today announces its plans to build a five-story office condominium at Cornerstone Corporate Center.
Known as Cornerstone Five, this Class A building consists of four office floors above an executive parking level. Designed by Boca Raton-based Retzsch Lanao Caycedo Architects, the building is slated to be completed in late 2007.
"Sales activity has been outstanding and a number of suites have already been reserved," said Stuart D. Downey, Vice President of Patrinely Group, LLC. "The project offers exceptional flexibility for buyers with unparalleled visibility and access to Interstate 595 and surrounding amenities."
Totaling approximately 52,000 square feet, each office floor contains 13,000 square feet. Each office floor can be segmented into as many as six condominium units. Suites can range in size from 1,300 square feet to a full floor of 13,000 square feet. Ample parking is provided on site, including 29 executive-level parking spaces under the building.
Cornerstone Corporate Center is a 58-acre mixed use class A suburban business campus located at I-595 and Pine Island Road in Broward County. Patrinely Group's two existing office buildings in Cornerstone Corporate Center are home to numerous Fortune 100 companies, consisting of Cornerstone One, a 170,000-squarefoot, eight-story building; and Cornerstone Two, a 110,000-squarefoot, five-story building. In 2005, DHL Worldwide Express selected Cornerstone Corporate Center as the location for its corporate headquarters and signed an 180,000-square-foot lease in the existing Cornerstone buildings. The office park also includes a 250-room, full-service Marriott Renaissance Hotel and a free-standing restaurant. Patrinely Group also has plans for Cornerstone Four, a for-lease, 10-story, 240,000-square-foot office building and Cornerstone Three, a 110,000-square-foot, five-story office building.
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