Both tenants are relocating from 350 S.E. Second St. in Fort Lauderdale to the eight-story, 88,000-sf, class A office tower, which is part of Las Olas Place, a 170,000-sf multi-building, Mediterranean-style office and retail complex.

In one deal, Peed, Koross, Finkelstein & Crain leased 8,204 sf for five years beginning in February. Based on the average class A rental rate of $28.65 per sf for office space in the Broward County central business district, the lease is valued at an estimated $1.18 million.

The local company, which provides accounting and business consulting services, has a special emphasis on the health care industry. The firm is moving its headquarters to the new location to be part of the growing downtown financial district, according to a statement.