Several companies are expanding or relocating their offices across South Florida, according to a March 9 announcement. Downtown Doral, developed by Codina Partners, has secured new tenants and lease renewals at its mixed-use complex, while other firms have opened or moved offices in Coral Gables, Palm Beach, Boca Raton, and Hallandale Beach.
The activity highlights continued interest from both local and out-of-state businesses in the region’s office market. The moves come amid ongoing redevelopment projects and regulatory changes that are influencing business decisions.
Cano Health will relocate its headquarters in June to a 25,200-square-foot space occupying the entire sixth floor of the 8333 Downtown Doral office building. 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 as industrial space. Other recent leases at the building include Isuzu North America Corporation’s new 6,300-square-foot office on the fifth floor and HDR Engineering’s renewal and expansion to a total of 16,400 square feet on the third floor. Ekman & Company also renewed its lease for 3,100 square feet.
Downtown Doral is now reported to be 90 percent occupied. The development spans 250 acres with over 150,000 square feet of offices and more than 5,000 residential units. It also features dining options, retail stores, a charter school, and a city government center.
Elsewhere in South Florida, Franklin Street has opened an office in Coral Gables at 2 Alhambra Plaza—its second location in the region—while Cullen and Dykman law firm leased space for its first South Florida outpost in Palm Beach. Concorde Investment Services 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 has 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 of EU Motors said that these regulations accelerated their expansion into South Florida.
