"Although it has been a difficult year for the real estate market, these new leases indicate the office market in Broward County is coming back to life," Pike Rowley, director of the Broward County division of Codina Realty Services Inc. ONCOR International, says in a prepared statement. " With increased activity and new developments, west Broward is becoming a prime market for new business growth."

Rowley refused to disclose average quoted rents and estimated lease values. Area brokers assisted GlobeSt.com with the numbers.

American InterContinental University (AIU) leased 77,000 sf of space at Beacon Pointe, Phase III. The lease is valued at approximately $20 million. The 400,000-sf class A office park is located at 2250 N. Commerce Parkway in Weston, FL. AIU plans to open a South Florida campus at this location. The AIU lease brings Beacon Pointe, Phase III to a 77% occupancy level.