Other Industry News
West Palm's Transit Village Plan Is A Go
On Tuesday, the Palm Beach County Commission approved Transit Village LLC, a company managed by Boca Raton businessman Michael Masanoff, as the developer for the 5.7-acre site known as “the wedge.” The project calls for 600,000 to 950,000 square feet of office, educational and retail space, plus hotel and housing units.
Medwin Named Managing Director At JLL
Steven J. Medwin will head the Jones Lang LaSalle's brokerage business for South Florida. His responsibilities will include managing the landlord and tenant representation teams for both office and industrial real estate.
Miami-Dade County Office Leasing Up While Occupancy Still Down
Office leasing has increased each quarter this year, with banks and law firms making moves. This is a boost for Miami-Dade's office market, which was slow in 2009. But new office buildings, coupled with fewer tenants coming into the market, are adding to vacancies, as existing tenants are signing most of the deals.
Daya Medicals To Relocate To UM's Life Science Park
The Palm Beach County-based medical device company will relocate its offices from Palm Beach County to a 15,000 square foot corporate office in the UM LSTP’s first building.
JLL To Lease University of Miami Life Science Park
Catarina Jimenez, Gavin Macphail and Richard Schuchts of Jones Lang LaSalle will lead leasing and marketing efforts for the 252,000sf phase one building of the University of Miami’s Life Science & Technology Park in Miami.
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