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Blanca Commercial Real Estate, exclusive leasing agent for Waterford Business District (WBD), announced 117,764 square feet of leasing activity at the office campus, reinforcing the district’s continued appeal among both expanding companies and long-standing corporate tenants seeking highly connected, amenity-driven workplaces in Miami.
MEDIA CONTACT: Levy Public Relations
Blanca Commercial Real Estate, exclusive leasing agent for Waterford Business District (WBD), announced 117,764 square feet of leasing activity at the office campus, reinforcing the district’s continued appeal among both expanding companies and long-standing corporate tenants seeking highly connected, amenity-driven workplaces in Miami.
The transactions include 47,851 square feet of new leases and 69,913 square feet of renewals across a diverse mix of industries, including life sciences, logistics, insurance, maritime, hospitality, professional services and international business operations.
“Waterford Business District continues to outperform because it offers something increasingly difficult to replicate in today’s office market: scale, connectivity and a true campus environment in the heart of Miami-Dade County,” said Juan Ruiz, Vice Chairman of Blanca Commercial Real Estate. “What’s particularly notable about this activity is the diversity of industries represented, from global logistics and pharmaceuticals to insurance, hospitality and international business operations. We’re seeing companies make long-term workplace decisions centered around operational efficiency, employee accessibility and environments that help support recruitment and retention. Waterford continues to resonate because it delivers that combination at a very high level.”
Notable new leases include:
Recent renewals include:
Spanning 250 acres adjacent to Miami International Airport, Waterford Business District encompasses more than 3 million square feet of Class A office space, including a 1.65-million-square-foot joint venture portfolio spanning seven Class A office buildings. The district has undergone extensive renovations and enhancements, including redesigned lobbies, upgraded outdoor environments, a state-of-the-art conference center, waterfront gathering spaces, fitness facilities and collaborative tenant lounges.
Additional mobility initiatives include shuttle connectivity to the Miami Intermodal Center, alongside planned e-bike offerings and expanded transportation infrastructure designed to enhance accessibility and employee convenience. The campus also offers curated tenant programming ranging from outdoor wellness activations to food truck events, supported by a dedicated tenant mobile app providing access to events, amenities and exclusive offerings.
“Today’s office users are far more selective about where and how they occupy space, which continues to validate our long-term investment strategy at Waterford Business District,” said Robert Amick, Office and Strategic Investments, Nuveen Real Estate, one of the joint venture investment partners. “The combination of sustained renewals alongside new tenant growth reflects the strength of the campus as both a business destination and an ecosystem designed to support evolving workplace expectations. We continue to see strong demand from companies seeking highly connected environments with meaningful amenities, mobility infrastructure and a sense of community that extends beyond the traditional office experience.”
Since 2019, Blanca CRE has facilitated more than 1.5 million square feet of leasing activity in the NRE/PIMCO portfolio buildings at Waterford Business District, including major transactions with companies such as ADP, Verizon, Assurant, Subway, SAP and Hilton. The campus has also received consecutive TOBY (The Outstanding Building of the Year) Awards recognizing operational excellence and property management under Cushman & Wakefield.
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