Real Estate

Miami Beach Office Asking for Top Rent Signs First Tenant

  • J. Goldman agrees to take space at Eric Schmidt-backed project
  • Region has drawn finance and tech tenants since the pandemic
A rendering of the Fifth Miami Beach.Source: TECMA
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New York-based hedge fund J. Goldman & Co. signed a lease at a new Miami Beach office building that’s seeking some of the highest rents ever seen in the market.

J. Goldman agreed to take roughly 10,000 square feet (929 square meters) of space at the Fifth Miami Beach, according to a person familiar with the deal. It’s the first lease signed at the property, which has about 60,000 square feet of rentable space, the person said, asking not to be identified citing private matters.