FGI Realty Represents 03b Networks & Franklin Street Represents Warrington’s College In Miramar Lease

The property at 2900 Monarch Lakes Boulevard in Miramar is a 56,710-square-foot, three-story office building. The recent lease transactions included 13,536 square feet, with 03b Networks leasing 7,011 square feet and Warrington’s College of Business occupying 6,525 square feet. The landlord, 2995 Monarch Lakes LLC, acquired the 3.7-acre site for $2.1 million in 2015.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: Not specified
• Tenant: Warrington’s College of Business
• Tenant's Rep: Tom Farmer (Colliers International)
• Landlord: 2995 Monarch Lakes LLC
• Square Feet: 6,525

Representing the parties in the lease deal were Juan Jaramillo of FGI Realty for 03b Networks and Tom Farmer of Franklin Street for the university. The landlord, 2995 Monarch Lakes LLC, was represented by Blanca Commercial Real Estate, with ties to United Data Technologies. The relocation of the university into a 21,155-square-foot space within the building marked a significant move following the lease agreement.