Lennox Industries, Inc. (NYSE: LII), a global leader in energy-efficient climate control solutions, has purchased Health Network One, a 29,890-square-foot corporate headquarters building on 2.68 acres at 2201 South Andrews Avenue in Fort Lauderdale, for $16 million. The transaction was facilitated by Berger Commercial Realty, with Senior Vice President Steve Hyatt representing the seller, Dino Properties, LLC, and a CBRE team of Christopher Dubberly, Michael Meaden, Seth Ramey, and Jacob Sanchez representing Lennox.
Lennox will use the property to establish its southern region corporate headquarters and training center, consolidating multiple offices into a single, centralized hub. The company was drawn to the site’s turnkey, fully furnished condition, proximity to Fort Lauderdale-Hollywood International Airport, and access to major transportation routes and hospitality options, reflecting its long-term commitment to South Florida.
The seller, Dino Properties, LLC, was represented by Steve Hyatt, Senior Vice President of Berger Commercial Realty. The buyer, Lennox Industries, Inc. (NYSE: LII), a global leader in energy-efficient climate control solutions, was represented by a CBRE team including Christopher Dubberly, Michael Meaden, Seth Ramey, and Jacob Sanchez from the firm’s Fort Lauderdale and Dallas offices.
Lennox will establish its southern region headquarters and training center at the site, consolidating several offices into one centralized location. The company cited the building’s turnkey, fully furnished condition, prime airport access, and proximity to major transit routes and hospitality options as key factors in its decision, underscoring its strategic commitment to South Florida.
“This sale represents a win-win for both parties,” said Hyatt. “We’re proud to have represented Dino Properties from their initial acquisition of this property through its transformation into a highly desirable headquarters building, and now its sale to a world-class company like Lennox. Dino’s exceptional work made it appealing to an end user, creating a move-in-ready opportunity for the buyer and a quick deal for the seller.”
Originally built in 1949 and completely gut-renovated in 2014 into a modern, tech-inspired office space, the property exemplifies adaptive reuse development in Fort Lauderdale. Once a Hughes Supply Company distribution center, it was reimagined by Dino Properties with a forward-thinking design that drew multiple offers from developers before Lennox’s acquisition.
The deal highlights the ongoing transformation of the South Andrews Avenue corridor, an area once dominated by industrial and service businesses but now experiencing rapid redevelopment, with new multifamily, retail, and hotel projects reshaping the neighborhood.
