The Waterford Business District in Miami has secured a new lease transaction. United Healthcare, a leading healthcare company, will be downsizing its office space in the area by approximately 30,000 square feet. However, the company has decided to lease 19,149 square feet at 1000 Northwest 57th Court. This move comes amidst an increase in office vacancies in the Miami market, but also a rise in average rent.

Summary of transaction details

• Property Type: Office
• Transaction Amount: Not mentioned
• Address: 1000 Northwest 57th Court
• Market: Miami
• Square Footage: 19,149

This lease deal involved several key individuals and companies. Nuveen Real Estate, represented by Jose Minaya, acted as the landlord. United Healthcare's representative in the transaction was Andrew Witty. The landlord's side was represented by Jack Davidson, Juan Ruiz, and Tere Blanca from Blanca Commercial Real Estate, while Adam Bernstein, Aubrie Monahan, and Jeffrey Ingham from JLL served as the tenant's representatives.