Miami Lakes law firm paid $11.5M for new headquarters. It’s staying in the neighborhood
While the coronavirus pandemic is disrupting businesses everywhere, one law firm has just closed on the multi-million dollar purchase of a new headquarters in Miami Lakes.
The personal injury firm Ward Law Group acquired a new headquarters for $11.5 million on Friday from Miami Lakes Commons LLC, according to Jany Martinez-Ward, the firm’s head of the pre-litigation practice group. It will move from its current space at 7975 NW 154th St. to the three-story, 52,745-square-foot office building at 6625 Miami Lakes Dr.
“In just under seven years, we grew from two attorneys to a team of 60 because we always put our clients first. We focus on a segment of our community that is often underserved and when we get results for them, they refer us to their Spanish-speaking families and friends who have also been victims of car accidents. It is their trust in us that has helped us expand and own our own headquarters,” Martinez-Ward said in a press release.
The firm plans to add another 60 employees, including administrative staff and attorneys, over the next three to five years, said Greg Ward, who leads the firm’s litigation practice.
The law firm will share the office building with Bank of America, which will lease space, Ward said.
Despite the crisis, the South Florida commercial market remains active, and experts predict activity will continue. Stephen Rutchik, executive managing director of office services for the brokerage firm Colliers International South Florida, said the recent transaction shows “that working remotely isn’t a long term solution or a complete replacement to the office environment. Tenants are still committed to having an office where employees can collaborate and culture can be fostered.”
