After securing the renewal of its Florida headquarters — in what was South Florida’s largest workplace lease of 2022 — UKG has made now a transfer to increase its footprint in Weston, Fla., by an extra 14,000 sq. toes. This brings the software program firm’s complete within the Weston Pointe workplace campus to 154,671 sq. toes.
Talks have been held by Cushman & Wakefield’s Deanna Lobinsky and Chase Kulp on behalf of the owner, whereas John Boyle, Tony Jones and Mary Burnieika brokered the deal on behalf of the tenant. Following this newest growth, the four-building advanced situated at 2250 N. Commerce Parkway is 97% leased.
“At practically 155,000 sq. toes, this market-making transaction is the most important workplace lease renewal accomplished in Broward County since 2019,” mentioned Lobinsky, an govt director at Cushman & Wakefield.
The 4 workplace properties that make up Weston Pointe have been constructed between 1999 and 2005. The present proprietor, New York Life Actual Property Traders, paid roughly $115 million for the 24-acre workplace campus in January 2016.
UKG is a world chief of human capital administration know-how with a workforce of 15,000 workers all over the world. The corporate is the successor of Final Software program Group — which was based in 1990 — in addition to Kronos Integrated, a workforce administration tech supplier that was first established in 1977. The 2 firms merged in 2020, with the ensuing UKG inheriting two separate headquarters — one in Lowell, Mass., and the opposite in Weston, Fla.
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