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50% Pre-Leased at Park Plaza Professional Center in Pembroke Pines
Date:7/31/2008

PEMBROKE PINES, Fla., July 31 /PRNewswire/ -- Sky Development Inc. announces that it has already received commitments to lease approximately 50% of the first of two Class A medical office buildings and garage facility for Park Plaza Professional Center at 2201 North University Drive, Pembroke Pines, Florida 33024 adjacent to Memorial Hospital in Pembroke Pines.

The medical/professional office complex, with smart building technology and other attractive features such as impact glass, is adjacent to Memorial Hospital Pembroke Pines, which has been designed for LEED, environmentally green certification. The medical office complex will be the first LEED building for the City of Pembroke Pines, Florida.

Sky Development COO Gavin Susman indicated that tenants secured for the project could not be specifically named but include leading medical professionals from the area. Leasing of the project began in June.

"There has not been any new and advanced medical office buildings constructed in the area since the 1960s, and the area doctors have had to make due with old infrastructures to house their practices," Susman says, "Some of these local medical practitioners have expressed interest in moving to a newer medical facility."

The project, on 9.77 acres, is being developed by locally based Sky Development Inc., and will consist of two four story, 80,000 SF buildings with retail on the first floor. The parking facility is a four-story building with 538 parking spaces to be accompanied by an additional 288 surface parking spaces.

The efficient floor plans will range from 1,500 to 20,000 SF and will offer attractive tenant improvement allowance.

Equity Inc. headquartered in Columbus, Ohio, is the exclusive leasing agent for the project and Coral Gables based Edward Lewis Architects is the project architect.

The project will be constructed in two phases with construction of the first building to begin late 2008, and the secon
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SOURCE Sky Development Inc.
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