Real Estate

Ares Hunts for Miami Beach Offices in Boost to Wall Street South

Ares Management Corp. is looking for as much as 15,000 square feet of space in the area.

Photographer: Jeffrey Greenberg/Universal Images Group/Getty Images
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Ares Management Corp. is seeking office space in Miami Beach as the city tries to move past its partying reputation.

The Los Angeles-based asset manager is looking for as much as 15,000 square feet (1,400 square meters) of space in the area, according to people familiar with the matter, who asked not to be named citing private discussions. The firm hasn’t made a final decision and the plans are still in early stages