Pembroke Pines, Florida
KWH assumed an ownership position and subsequently renovated Centrum Plaza, a 50,000 square foot building located in Pembroke Pines. The property fronts Pines Boulevard and is one mile from I-75.
The initial challenge was to work with the existing tenants of the building, with KWH’s plan being to sell 49% of the building to those existing tenants, essentially affording a pay off of the existing mortgage. This aggressive goal was reached and the balance of the medical and dental tenants committed to long-term leases.
KWH has also successfully managed Centrum Plaza.