High-Profile Tenants Filling Up Royal Palm at Southpointe

MIAMI-High-profile corporate tenants are rapidly filling up the nine-story, 240,000-sf Royal Palm at Southpointe office park in Plantation, FL, 25 miles north of Downtown Miami. Five leases totaling 26,500 sf and valued at an aggregate $3.3 million bring the TIAA-CREF-owned property to 60%.

The new tenants, on five-year leases, are American Express Financial Services, 13,000 sf; Koleos, Rosenberg & Metzger law firm, 5,000 sf; Estee Lauder, 3,000 sf; US Filter, a division of Vivendi International, 4,000 sf; and NCS Pearson, 1,500 sf.

Cushman & Wakefield of Florida Inc. brokers Greg Martin and Jacqueline Blake handled the leases. In previous transactions, Sun International Resorts Inc. took 65,000 sf and Universal Insurance Services leased 3,000 sf.