FORT LAUDERDALE, FL—USI, the 9th largest insurance broker in the United States, is relocating about 80 employees from its Cypress Creek Road office space to Coastal Tower. USI will occupy the sixth floor of the class A, LEED EB Silver-certified office building in Jan. 2014.

CBRE first vice president Travis Herring, along with senior vice president Deanna Lobinsky and associate Katherine Ridgway, represented the owner. California State Teachers' Retirement System owns the tower.

While the Broward County office market continues to post year-over-year negative absorption, leasing at Coastal Tower has actually picked up pace in 2013. USI is the 10th tenant this year to sign a new lease or expansion there. CBRE has inked more than 28 new leases at Coastal Tower over the past three years, bringing the building up to 83% occupancy.