Downtown FTL’s largest lease in 2025 signals confidence in Bradford Allen’s planned $25M renovation

FORT LAUDERDALE, Fla. (Jan. 12, 2026) — Bradford Allen, a national full-service real estate firm, today announced the successful completion of a new 18,657-square-foot office lease with Deloitte at Las Olas Centre, 350 and 450 E. Las Olas Blvd. in Fort Lauderdale, Fla., beginning in 2026 as part of a long-term deal. Bradford Allen provides asset and property management for the building.

The deal with Deloitte was negotiated and signed within the first 10 months of Bradford Allen’s acquisition of the property and closed in December. It represents the largest new lease executed in downtown Fort Lauderdale last year, per CoStar.

Bradford Allen purchased Las Olas Centre in February 2025 and is investing $25 million to upgrade the 470,810-square-foot office complex, the firm’s first acquisition in South Florida. Bradford Allen is currently constructing a full floor of move-in ready spec suites—with expected delivery by the end of February 2026—renovating the property’s lobbies and putting in technologically advanced conference rooms, a state-of-the-art fitness center and outdoor space to create the best-in-class offering in the market.

“Las Olas Centre occupies what’s agreed to be the most desirable location in downtown Fort Lauderdale and just needed renovations to return it to a Class A+ space,” said Larry Elbaum, co-founder of Bradford Allen. “Our substantial investment has reshaped how the market views this property, with upgrades that rival top-tier properties in the region. Offering that level of experience at a more compelling price point than Miami or West Palm has generated strong, sustained interest from brokers and tenants alike.”

Jon Blunk and Laurel Oswald of TCRE negotiated the deal on behalf of Bradford Allen.

Built in 1997, Las Olas Centre offers views of the ocean, river and city skyline, as well as first-floor retail and restaurant tenants including Starbucks. The complex also includes 1,344 parking spaces in a multi-story covered deck. Other tenants at the property include KPMG, Wells Fargo, HCA Health Services of Florida, Morgan Stanley and Gunster.

350 and 450 E. Las Olas Blvd. offers easy access to transportation, including Interstate 95, the Brightline train and several bus routes. In addition to parking, the office complex also has bike storage.

Bradford Allen owns properties in suburban Chicago; Greenwich, Conn.; Denver; Jacksonville, Fla.; and other markets. The firm has made a number of other value-add investments in large office properties as well.

About Bradford Allen:

Bradford Allen (BA) is a commercial real estate firm based in the heart of downtown Chicago. Founded in 2003 by Jeff Bernstein and Larry Elbaum as an office brokerage, the firm has grown into a vertically integrated commercial real estate company, offering a full array of services and expertise across multiple U.S. markets to entrepreneurial, corporate and not-for-profit clients, including strategy, marketing and transaction execution for occupiers, investors and owners. For more information, visit bradfordallen.com.

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Editors:

For more information, please contact Matt Baker, [email protected], (312) 267-4512.