FAU Deerfield Beach research park and Andrew Duffell
Boca Raton-based insurer People’s Trust Insurance Company has signed a lease at the Florida Atlantic University research park in Deerfield Beach.
The 40,000-square-foot building, located at Southwest 10th Street and Interstate 95, has had a hard time gaining tenants compared to its big-sister park in Boca Raton. Credit-reporting firm Experian was the sole tenant there; People’s Trust will begin moving in in December. The insurer will transplant 250 staffers from its 19,000-square-foot space on Broken Sound Parkway.
“This is a very welcome kick-start,” said Andrew Duffell, head of an authority at Florida Atlantic University that runs both research parks. “This is going to help us go after more companies. We’ll be able to use this as a shining example and show them how it’s done.”
The 310,000-square-foot Research and Development Park in Boca Raton, founded in 1995, reached 80 percent occupancy in July, as previously reported. [Sun-Sentinel] — Mark Maurer
via The Real Deal Miami http://feedproxy.google.com/~r/trdnews_miami/~3/v6Rpxki3e7g/
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