South Florida’s office market is showing signs of strategic expansion and relocation as prominent firms across industries—from real estate development to finance, law, and fintech—secure new office space. Major players like OKO Group, PricewaterhouseCoopers (PwC), Holtzman Vogel, and MyBambu have recently signed significant leases that reflect evolving priorities such as workforce proximity, growth, and urban development.
OKO Group Expands to Wynwood Plaza
Vlad Doronin’s OKO Group, the development firm behind several luxury projects in Miami, has leased 25,200 square feet at the newly completed Wynwood Plaza, a major mixed-use development located at 95 Northwest 29th Street.
Developed by Oak Row Equities, L&L Holding Company, Shorenstein, and Claure Group, Wynwood Plaza features a 12-story, 266,000-square-foot office building, a 12-story residential tower with 509 units, 45,000 square feet of amenities, and a 26,000-square-foot public plaza surrounded by 25,000 square feet of retail space.
OKO Group, known for co-developing the iconic 830 Brickell tower with Cain International, currently lists its Miami office at 4100 Northeast Second Avenue in the Design District. The firm has not commented on whether it will relocate entirely from that location. Its expansion into Wynwood signals growing confidence in the neighborhood’s emergence as a live-work-play hub for creative and professional industries.
PwC Relocates to Larger Space in Boca Raton
Global accounting and consulting giant PricewaterhouseCoopers (PwC) is moving its West Palm Beach office to a more spacious 11,100-square-foot suite at 5100 Town Center Circle in Boca Raton. The relocation, set for spring, represents a significant upgrade from its current 3,300-square-foot office at Phillips Point in downtown West Palm Beach.
The shift is aimed at fostering collaboration and accommodating future growth, with nearly half of PwC’s 900 South Florida employees residing in the northern tri-county area. PwC will retain its existing Wynwood office at 545Wyn in Miami.
The Boca Raton office building is owned by a joint venture between Macquarie Capital’s Principal Finance division and Vanderbilt Office Properties, which purchased it and a neighboring property for $95.4 million in 2022.
Holtzman Vogel Opens Coral Gables Office
Political and regulatory law firm Holtzman Vogel Baran Torchinsky & Josefiak is opening its first South Florida office in Coral Gables. The Washington D.C.-based firm has leased 6,400 square feet at the Ryder Colonnade building at 2333 Ponce de Leon Boulevard, with plans to open by late 2025 or early 2026.
This will be Holtzman Vogel’s second Florida location, alongside its existing office in Tallahassee. The firm also maintains a national presence with offices in Buffalo, Phoenix, Salt Lake City, Nashville, and Haymarket, Virginia.
The Coral Gables building, previously named Colonnade, was rebranded after logistics firm Ryder System relocated its headquarters there. Boston-based AEW Capital Management owns the 11-story, 205,500-square-foot property.
MyBambu Expands HQ in West Palm Beach
MyBambu, a fintech firm that specializes in financial services for Latinos, has significantly expanded its headquarters in West Palm Beach. The neobank signed a lease for 35,000 square feet at The Press mixed-use complex at 2751 South Dixie Highway.
Founded in 2016 and previously headquartered in Memphis, MyBambu moved into a 6,500-square-foot downtown West Palm location in 2021. The new space reflects its rapid growth trajectory, with plans to expand from 160 to 350 employees.
MyBambu offers services such as deposit accounts and Visa cards, with a focus on international money transfers to Latin America.
Conclusion
The recent wave of office leases across South Florida illustrates the region’s growing importance as a commercial hub. From high-profile developers like OKO Group planting roots in Wynwood to global firms like PwC optimizing office locations for workforce efficiency, these moves underscore strong demand for well-located, flexible, and growth-oriented office space. As Miami and surrounding cities continue to evolve, expect more firms to follow suit in aligning their real estate strategies with talent pools, lifestyle amenities, and long-term scalability.