Weda Developers Leases 4206 Square Feet At 999 Ponce De Leon Blvd In Coral Gables With Jorge L. Morales As Landlord's Representative

The office building located at 999 Ponce De Leon Boulevard in Coral Gables spans approximately 305,200 square feet and is owned by Weda Developers. The property was acquired for $20.9 million in 2005. The recent leasing activity at this location yielded a total of 31,000 square feet in new leases, contributing to its occupancy profile.

Summary of transaction details:

• Property Type: Lease
• Transaction Amount: Not specified
• Address: 999 Ponce De Leon BLVD, Miami, FL
• Market: Coral Gables
• Landlord: Weda Developers
• Landlord's Representative: Jorge L. Morales (Blue Box Real Estate)
• Lessee(s): Shikun & Binui (5,169 square feet), Jag Insurance Group (6,609 square feet), Bell Rosquete (1,834 square feet), Fente & Rossano (2,450 square feet), Moises, Teplitsky & Gross, P.A. (2,794 square feet), Law Offices of Karim Baptista, P.A. (2,794 square feet), Bice Cole (4,206 square feet renewal), International Vessels (1,135 square feet expansion)

The recent leases include a variety of tenants ranging from legal firms to insurance groups, highlighting the diversification of businesses occupying the asset. Jorge L. Morales, representing Weda Developers, facilitated these transactions, ensuring the property maintains an active leasing profile.