BioMed will acquire a portfolio of properties totaling 1.6 million square feet of lab and office space, including the University of Miami Life Science & Technology Park. CLICK ON THE HEADLINE FOR MORE
Team Blanca will be tasked with leasing the remaining 80,000 square feet of the park’s first phase, 252,000 square foot building. CLICK ON THE HEADLINE FOR MORE
The deal brings the occupancy of the 252,000-square-foot research park, which opened in July, to just over 60 percent. CLICK ON THE HEADLINE FOR MORE ON THIS STORY
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.
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.
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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