BANK LEASES SPACE, PLANS NEW BRANCH IN FLORIDA SHOPPING CENTER

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HOLLYWOOD, FLA. — Bank Atlantic has signed a lease with Hart Centers VII for a 40,720-square-foot outparcel in the 138,056-square-foot Hollywood Festival Center for $1.35 million. The property is located at 6601-6775 W. Taft St. in Hollywood. The tenant will build a 2,500-square-foot bank branch, set to deliver during the fourth quarter, on the property. Tim Neal of Neal Realty & Investments represented the landlord in the 20-year ground lease. The Shopping Center Group’s Brian Fetherston represented Bank Atlantic.

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