MIAMI—Waterford at Blue Lagoon is seeing massive leasing traction. Over the past year, Taylor & Mathis reports strong activity at the eight buildings the firm leases and manages there.

Taylor has inked 37 lease deals totaling over 100,000 square feet of office space in the past year. That includes 38,500 square feet in the past few months alone.

The office portfolio includes the 6505, 6303, 6100, 6161, 6101, 5805, 5775 and 5757 buildings, which are located across from Miami International Airport in the 250-acre office park.  Jeannette Pay Mendoza, director of leasing at Taylor, negotiated the deals on behalf of the buildings' owners.

“The buildings attract companies for whom the access to the airport and interstate system are paramount,” says Mendoza. “We see a lot of interest from international companies.”

Three of the most notable deals include a 24,000-square-foot office space renewal and expansion of Oracle USA at 6505 Waterford. John Marshall of Cresa South Florida co-brokered that deal.

Mendoza also closed a 6,514-square-foot lease with Caron Broadcasting at 5757 Waterford. Ryan Ackerman and Brian Wood of CBRE co-brokered the deal. Finally, Colombina Candy Company signed on for 4,425 square feet at 6303 Waterford in deal co-brokered by Gonzalo Rioja of Stone Miller.

It seems Taylor, though, is just getting warmed up for a marathon in 2015. This year will see the 88,000-square-foot 6101 Waterford become fully vacant. Miami Children's Hospital will vacate its space in the first quarter and Taylor will relocate remaining tenant's to other buildings to make room for a single occupier at the four-story building. The building offers signage along  S.R. 836 which has a daily traffic count of 180,000-plus.

Cresa inked the Miami Children's Health Systems (MCHS) deal last year, which was the largest Miami office deal of 2014 at the time. MCHS signed a lease for 79,156 square feet of office space at 5301 Waterford, a nine-story, 204,887 square foot office building in Miami.

“We developed a commercial real estate strategy for MCHS that included a comprehensive plan to support the organization's evolution from a hospital to a health system,” says Alan Kleber, a managing principal at Cresa. “By consolidating and relocating its non-clinical support and administrative space into one location at Waterford, the organization will drive greater administrative and operational efficiencies. The office space is being designed to accommodate future growth without expanding, ultimately reducing the cost per employee.”