Related Ross, a developer based in West Palm Beach, has appointed Duncan McCuaig as executive vice president of office leasing. McCuaig previously spent two decades at Brookfield Properties in New York City and became the company’s head of leasing in 2023, according to Commercial Observer.
While at Brookfield, McCuaig was responsible for bringing major tenants to One and Two Manhattan West in Hudson Yards. Notable clients included law firms Skadden and Cravath, consulting companies EY, KPMG and Accenture, the National Hockey League, hedge fund D.E. Shaw, Amazon, Citadel and JP Morgan Chase. In 2019, he helped secure a lease for 1.3 million square feet with Morgan Stanley at One New York Plaza.
Related Ross is a South Florida-focused offshoot of Related Companies, which developed Hudson Yards. The firm is led by Steve Ross and currently has over 3.8 million square feet of office space completed or under development that requires tenants.
In his new position, McCuaig will oversee leasing for several properties including 360 Rosemary, One Flagler, 15 CityPlace, 10 CityPlace, CityPlace Tower, Esperanté Corporate Center, Phillips Point, 515 Fern and 477 Rosemary.
Wells Fargo plans to move its wealth management headquarters to One Flagler with a lease covering 50,000 square feet. Other recent tenants include ServiceNow, Cleveland Clinic and Roger Ferris + Partners from the architecture sector. Financial institutions such as Citizens Bank, JP Morgan Private Wealth Management and Metropolitan Commercial Bank have also signed leases.
Steve Ross has expressed his intention to turn West Palm Beach into “the Silicon Valley of the future.” As part of this vision he donated $50 million toward Vanderbilt University’s planned graduate campus focused on business and technology in West Palm Beach; fundraising for the project has already begun.
