Several companies have signed new leases or expanded their presence in South Florida, according to a March 9 report. Downtown Doral, developed by Codina Partners, has secured Cano Health as a new headquarters tenant, along with other lease agreements and renewals at its 8333 Downtown Doral office building.
Cano Health will relocate its headquarters in June to occupy the entire sixth floor of the building, totaling 25,200 square feet. The company is moving from its current location at 9725 Northwest 117th Avenue in unincorporated Miami-Dade County, which is set for demolition and redevelopment into industrial space. Isuzu North America Corporation has also signed a lease for 6,300 square feet on the fifth floor. HDR Engineering renewed and expanded its third-floor office by 25 percent to reach a total of 16,400 square feet. Ekman & Company renewed its lease for 3,100 square feet on the fifth floor.
Antonio Puente and Jonathan Jay of Fairchild Partners represented Downtown Doral in these transactions. Vivian Gonzalez of Cushman & Wakefield represented Cano Health; Travis Boyd and Jeff Gordon of CBRE represented Isuzu; Ikre Balauste of JLL represented HDR Engineering and Ekman. The building is now reported to be 90 percent occupied.
Codina Partners is led by Armando Codina and Ana-Marie Codina and developed the mixed-use Downtown Doral complex with offices, residential units, dining and retail options, a charter school, and a city government center.
Elsewhere in South Florida’s office market, Franklin Street opened an office in Coral Gables at 2 Alhambra Plaza—its second location in the region—while Cullen and Dykman established their first South Florida outpost in Palm Beach at 375 South County Road. Concorde Investment Services announced it will move its headquarters from Ann Arbor to Boca Raton later this year after leasing space at 301 Yamato Road.
In Hallandale Beach, EU Motors from Krakow opened its first U.S. plant following Federal Communications Commission rules requiring certain drone parts to be made domestically due to national security concerns. James Buchheim, chairman of EU Motors said that the FCC requirement “accelerated” their expansion into the United States.
