MIAMI—Why would multinationals prefer Broward County over Coral Gables or Downtown Miami? That's what we asked Stephen L. Smith, vice president of The Hogan Group, which manages and leases 1.4 million square feet of office space at Waterford at Blue Lagoon in Airport West.

GlobeSt.com also caught up with Smith to learn more about the success of Waterford at Blue Lagoon and why rental rates are rising in part two of this exclusive interview. You can still read part one: Hogan Hints at New Office Paradigm.

GlobeSt.com: Why would multinationals prefer this location instead of Coral Gables, where they used to locate traditionally?

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