MIAMI—Office condos are the new black in Miami.Florida East Coast Realty just announced it wouldsell office units at 2020 Ponce. That news about five weeksafter Newgard Development announced it wasbringing office condos back to the urban core at One Flagler.
GlobeSt.com caught up with Harvey Hernandez,chairman and managing director for Newgard, to gethis take on why his firm is taking the leap from residential condosto office condos, who he's targeting with One Flagler, and more inpart one of this exclusive interview. Be sure to come back to thisafternoon's Miami edition for part two.
GlobeSt.com: With two successful residentialprojects under Newgard's belt, BrickellHouse and Centro, why didyou decide to enter the office market now?
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