MIAMI-Keystone Property Group’s $5 million-plus renovation of its Miami Lakes Business Center is paying off. The developer has inked two new leases in a submarket that has seen its challenges during the downturn.
Dade Medical College leased 39,971 square feet in an expansion. This site offers a Dade Medical College a geographic stronghold in Northern Dade and Southern Broward counties. Irving Diaz of Irving Diaz & Associates represented the tenant. Advanced Data Processing leased 18,122 square feet and expects to relocate in first quarter 2012. Steve Gaunt of CRESA Partners represented ADT.
CB Richard Ellis first VP No
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