ADP Signs Long-Term Lease For 78315 Square Feet Office At 703 Waterford Way Miami

The property involved in this transaction is an office asset located at 703 Waterford Way in Miami, featuring a total square footage of 78,315. The lease agreement was executed under the market conditions of Miami.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: Not specified
• Landlord: Mike Sales - Nuveen Real Estate; François Trausch - PIMCO Prime Real Estate
• Tenant: Maria Black - ADP
• Landlord's Representative: Juan Ruiz, Andres del Corral, Jack Davidson, Tere Blanca & Jessy Aguila - Blanca Commercial Real Estate
• Tenant's Representative: Jeff Gordon & Travis Boyd - CBRE
• Lease Term: long-term

ADP has signed a long-term lease, relocating from its current office on Sunset Drive. The representatives from Blanca Commercial Real Estate managed the interests of the landlords, while CBRE facilitated the leasing process on behalf of the tenant, ADP, ensuring all parties were effectively represented in the transaction.