MIAMI—In one of South Florida’s most dramatic turnaroundstories, 1400 Biscayne Center, a mixed-use office and retailcomplex in Downtown Miami, has seen its occupancy rise from 11% to70% in less than two years. The turnaround comes at the hands ofits new owner, Spain-based Espacio USA.

The property’s newest tenants include Paramount Pictures, whichis leasing 9,300 square feet for the production of one of itsupcoming films; Centro Cultural Espa

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