MIAMI-The University of Miami Life Science & Technology Parkhas attracted its first new-to-market tenant. Daya Medicals, a PalmBeach County-based medical device manufacturer, is leasing 15,000square feet of office space in the park's first building.

Richard Schuchts, a senior vice president at Jones Lang LaSallein Miami, represented the developer, Wexford Science &Technology. News of DayaMed’s lease follows the recent announcementthat UM will occupy 80,000 square feet in the park’s firstbuilding.

"We have companies moving, but there's no positive absorption inthe market—and there's no life sciences sector to pull tenants fromin Miami," Schuchts tells GlobeSt.com. "This deal is significantbecause it brings an out-of-market user here. In the life sciencesector, one tenant draws an ever broader range of users. So weexpect to see more momentum now with both the Tissue Bank andDayaMed in the park."