Tenants Taking Advantage of Market Conditions in South Florida

Miami, FL  –Taylor & Mathis of Florida Managing Director of Leasing, John O’Neil, has closed seven office lease deals totaling 81,786 square feet year-to-date. The value of the lease transactions exceeds $19 million.

John O'Neil

 

“Tenants are taking advantage of market conditions to upgrade the quality of their space at the same or better financial terms,” stated O’Neil.

“The “tire kicking” phase is over and companies realize that lease concessions will be drying up in the next 12 to 18 months.”

 

 

 

 

Commons on Sunset
AOR Management Company of Virginia – 18,700 SF Renewal – Co-Broker: Michael Klotz – CBRE

9350 Financial Centre
Walton Lantaff Schroeder & Carson, LLP. – 17,001 SF Renewal
Gulliver Schools, Inc. – 13,395 SF New Lease – Co-Broker: Steven Hayes Wood – Colliers International

Airport Executive Tower I
The Advocate Program, Inc. – 11,972 SF New Lease –Co-Broker: Doug Campbell – Campbell Real Estate Group

Aventura Corporate Center II
South Florida Multispecialty Associates – 8,122 SF New Lease

404 Washington
UMG Recordings, Inc. – 8,546 SF New Lease – Co-Broker: Diana Parker – CBRE
DMX Latin America – 4,050 SF New Lease – Co-Brokers: Scott Goldstein & Keith Edelman – Jones Lang LaSalle

 

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