New York-based hedge fund J. Goldman & Co. signed a lease at a new Miami Beach office building that’s seeking some of the highest rents ever seen in the market.
J. Goldman agreed to take roughly 10,000 square feet (929 square meters) of space at the Fifth Miami Beach, according to a person familiar with the deal. It’s the first lease signed at the property, which has about 60,000 square feet of rentable space, the person said, asking not to be identified citing private matters.
“We have long maintained offices in New York City and South Florida, and we remain committed to both regions,” Michael Juliano, chief operating officer at J. Goldman, said in an email. “As we grow our business and continue to aggressively add new investment talent, it will be necessary to expand our office footprint in South Florida.”
Developers Sumaida + Khurana and Bizzi & Partners, and Cushman & Wakefield, the brokerage handling office leasing for the site, declined to comment. A representative for former Google Chief Executive Officer Eric Schmidt, a co-owner of the building, didn’t immediately respond to a request for comment.
