CORAL GABLES, FL—In what is being pegged as the largest lease deal here so far this year, UBS has renewed its lease for 43,500 square feet of space at the 550 Biltmore office building here.

The 12-year lease renewal deal at the 162,293-square-foot building was announced by Taylor & Mathis, which represented the owner AEW in the transaction. Taylor & Mathis Director of Leasing Ryan Holtzman represented the building owner while Tony Jones of Cushman & Wakefield handled discussions for UBS.

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