Terra’s THE WELL Bay Harbors Islands Receives TCO, Hits 90% Leased

What Terra Accomplished at THE WELL

Terra has officially received a Temporary Certificate of Occupancy for The Offices at THE WELL Bay Harbor Islands, marking a significant step toward full activation of the mixed-use project. The milestone comes as the office component reaches 90% preleased, positioning the development among the most successful new office projects currently delivering in South Florida. The project combines wellness-focused design with Class A office space, creating a unique offering within the Bay Harbor Islands market.

What Is Driving Leasing Activity

The latest lease was signed by Man Capital LLP, a globally recognized investment firm making its Miami office debut with a 3,734-square-foot lease. The company joins a growing roster of tenants that includes Dwight Capital, Tom Brady-led TEB Capital Management, NewCo Capital Group, and Legacy Wealth Advisors. Collectively, the recent leasing activity totaled more than 12,314 square feet and helped push occupancy to 90% before delivery.

What Makes THE WELL Different

Developed by Terra, THE WELL Bay Harbor Islands is the first THE WELL-branded residential and office project in the United States. The office component spans 96,000 square feet and incorporates wellness-driven features rarely found in traditional workplaces. Amenities include rooftop gathering spaces, fitness programming, air and water purification systems, hospitality-driven services, and direct access to THE WELL Club and wellness center.

What Tenants Receive

The project was designed to create a healthier work environment while supporting employee wellness and productivity. Office tenants receive access to wellness programming, concierge services, preferred membership opportunities, health coaching, and a variety of hospitality-inspired amenities. The development also features The Golden Good Market & Café, curated outdoor spaces, and wellness-focused common areas.

What This Means for South Florida Office Demand

THE WELL Bay Harbor Islands demonstrates that premium office projects with differentiated amenities continue attracting tenants despite broader workplace shifts. With TCO achieved and leasing momentum continuing, Terra's project highlights growing demand from financial firms and investment groups seeking high-quality office environments that prioritize employee wellness. As companies continue evaluating workplace strategies, wellness-centered developments are emerging as a competitive advantage across South Florida.