Miami Commerce Park Gets New Pharma HQ
The company relocated its corporate offices from New Jersey.
Nearly two years after acquiring Aveva Drug Delivery Systems, DifGen Pharmaceuticals has relocated its corporate headquarters from Princeton, N.J., to Miramar Park of Commerce in Miramar, Fla. The combined company now occupies 166,794 square feet across three locations within the 600-acre office and industrial campus in Broward County.
One of the park’s prominent health-care tenants since 1994, Aveva had initially occupied 44,450 square feet. The company expanded its footprint to a total of 125,294 square feet before DifGen’s relocation to 3200 Commerce Way.
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Sunbeam Properties & Development, the developer and owner of the park, broke ground on Miramar Park of Commerce in 1984. It is the largest locally owned and managed business campus in South Florida, with more than 5 million square feet of office/service, laboratory, pharmacy, light manufacturing and distribution space. More than 1.1 million square feet are leased by north of 30 top health-care-related tenants, creating a health-care hub that continues to strengthen the regional economy and business environment.
“We are focused on offering flexible management and innovative leasing solutions to build long-term partnerships with our tenants that foster their growth and success,” Peter “PJ” Apol, director of leasing and marketing for Sunbeam Properties & Development, told Commercial Property Executive.
Apol and Ryan Goggins, vice president of acquisitions, leasing and marketing at Sunbeam Properties & Development, represented the owner in the lease transaction.
A thought-after business campus
DifGen isn’t the only company moving its headquarters to Miramar Park of Commerce. In November, VSE Corp., a provider of aftermarket distribution and repair services for the aviation industry, said it was relocating its corporate headquarters from Northern Virginia. VSE, previously known as 1st Choice Aerospace, first moved to the campus in 2014, leasing 37,473 square feet. The company now occupies 142,861 square feet at the property.
In October, Sunbeam Properties & Development announced more than 92,000 square feet of new leases and expansions at the park. Memorial Healthcare System expanded by 26,546 square feet for a total footprint of more than 200,000 square feet for uses including administrative offices, training, pharmaceutical, IT and pathology.
SIMTEC Silicone Parts added 39,670 square feet for a total of 87,540 square feet and Sunshine Avionics and its affiliates added 14,617 square feet for a footprint of more than 38,000 square feet at multiple buildings. In a new lease, Kids SPOT Rehab took 12,052 square feet for a headquarters and administrative office.
Growing in the market
Apol told CPE Park Miramar, a new 126-acre mixed-use development the company is building next to the office and industrial park, is “generating a lot of excitement and interest in the market.”
Sunbeam Properties & Development received rezoning and site plan approval from the Miramar City Commission in November to move ahead with the project, which had been in the planning stages for about two years. Park Miramar will include more than 2,800 apartments, a 185-key hotel, 340,000 square feet of retail and restaurant space with a grocery store and 128,000 square feet of office space.
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