Podhurst Orseck Moves to Coral Gables, Miami's Growing Office Market

Podhurst Orseck, a law firm specializing in personal injury cases, has moved from its long-standing base in Downtown Miami, where it had operated since 1967, to Coral Gables. The firm signed a lease for a 22,614-square-foot space at 2525 Ponce de Leon Boulevard, a 12-story office building owned by Hines, a major real estate company. This relocation provides the firm with nearly 4,500 additional square feet compared to its previous office in Downtown Miami.

Reasons Behind the Move

The decision to relocate was driven in large part by the challenges of commuting. Managing partner Steven Marks highlighted worsening South Florida traffic as a significant factor. The influx of new residents, particularly from Northern states during the pandemic, has exacerbated traffic congestion, prompting the firm to prioritize convenience for its employees.

Transitioning to the New Office

Podhurst Orseck moved into a temporary office on the fifth floor of 2525 Ponce de Leon Boulevard last month. The firm plans to transition to its permanent office on the building’s seventh floor by the second quarter of 2025. The 257,168-square-foot property, completed in 2004, is located just south of Miracle Mile and houses other notable tenants, including coworking operator Quest Workplaces and several boutique law firms.

Coral Gables' Booming Office Market

The relocation was facilitated by CBRE, which represented the tenant, while Cushman & Wakefield acted on behalf of Hines, the building's owner. Hines, headquartered in Houston, has not commented on the deal. The Coral Gables area continues to attract significant office deals, such as Swiss banking giant UBS’s recent lease for a 33,180-square-foot space at the under-construction 4225 Ponce building. Ugo Colombo's landmark 4000 Ponce building recently underwent a $5 million renovation to meet the demand. The city, known as Miami's "Bevery Hills" has been attracting blue-chip tenants due to its proximity to nearby residences, good school and growing restaurant scene, with new restaurants such as Mika, Buccan, Zuccaly, and more.