UM Life Science & Technology Park Hits 60% Occupancy

MIAMI-Once a mere vision in the mind of Wexford Science & Technology, the University of Miami Life Science & Technology Park is filling up fast. The developer just inked a 20,000-square-foot lease with one of South Florida’s largest dedicated Phase I-IV clinical research facilities, Advanced Pharma CR.

Wexford got the deal done just a week before the park’s formal dedication ceremony. With its latest lease, the park is now 60% occupied just two months after opening its doors to tenants. The 252,000-square-foot facility houses wet and dry labs, offices, lab-ready development suites and retail space.