Downtown Doral, a mixed-use complex developed by Codina Partners, has secured several new leases and expansions, according to a March 9 announcement. Cano Health, an operator of medical centers in Florida, will relocate its headquarters in June to a 25,200-square-foot space occupying the entire sixth floor at the 8333 Downtown Doral office building. The move comes as Cano Health’s current headquarters is set for demolition and redevelopment into industrial space.
The addition of Cano Health is part of broader leasing activity at the property. Isuzu North America Corporation 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, a Swedish forest products trading firm, also renewed its lease for 3,100 square feet on the fifth floor. The building is now reported to be 90 percent occupied.
Codina Partners’ Downtown Doral spans 250 acres and includes more than 150,000 square feet of offices and over 5,000 residential units. The development also features dining and retail options, a charter school, and a city government center.
Elsewhere in South Florida’s commercial real estate market, Tampa-based Franklin Street opened an office in Coral Gables at 2 Alhambra Plaza. This marks the firm’s second location in South Florida after Fort Lauderdale. Franklin Street’s Miami-Dade team now consists of eight employees focusing on self-storage and retail investment sales as well as capital markets.
Cullen and Dykman law firm has opened its first South Florida office at 375 South County Road in Palm Beach. The firm leased approximately 2,800 square feet following increased demand from Northeast clients expanding into the region.
In Boca Raton, Concorde Investment Services will move its headquarters from Ann Arbor to a newly leased space at 301 Yamato Road this fall. The company is part of Concorde Holdings.
Additionally, EU Motors from Krakow has opened its first U.S. plant in Hallandale Beach after recent Federal Communications Commission rules required certain drone parts to be manufactured domestically due to national security concerns. James Buchheim, chairman of EU Motors said that the FCC requirement “accelerated” their expansion plans for U.S.-based production.
