{"id":41177,"date":"2025-01-17T07:17:53","date_gmt":"2025-01-17T04:17:53","guid":{"rendered":"https:\/\/www.commercialcafe.com\/blog\/?p=41177"},"modified":"2025-01-10T12:23:41","modified_gmt":"2025-01-10T09:23:41","slug":"no-fault-group-expands-hq-at-new-coral-gables-location","status":"publish","type":"post","link":"https:\/\/www.commercialcafe.com\/blog\/no-fault-group-expands-hq-at-new-coral-gables-location\/","title":{"rendered":"No-Fault Group Expands HQ at New Coral Gables Location"},"content":{"rendered":"

The No-Fault Group \u2014 an attorney referral service that specializes in connecting victims of various slip and fall; workplace; and boating accidents with attorneys and medical providers \u2014 is expanding its presence in Florida with a move to a new headquarters in Coral Gables<\/a>. The company signed a 21,806-square-foot lease at 2990 Ponce that will enable it to relocate from its current offices in Doral, Fla. The move also marks a significant expansion of its footprint as the firm will nearly double the size of its headquarters.<\/p>\n

The lease agreement<\/a>, negotiated by Colliers\u2019 Stephen Rutchik and Kevin Gonzalez on behalf of both The No-Fault Group and landlord Gilderson Real Estate, covers a term exceeding five years. Asking rents for the space are $65 per square foot. The No-Fault Group will occupy the entire top floor of the building and plans to relocate by the end of 2025.<\/p>\n

\u201cWith this strategic move, the provider is well-positioned to expand their operations nationally with the added benefit of prominent building-top signage to enhance their brand visibility further,\u201d Rutchik said.<\/p>\n

The space leased by No-Fault \u201coffers abundant natural light and a first-class build-out that focuses on enhancing company culture and supporting employee wellness,\u201d Rutchik added.<\/p>\n

Eduardo Gildenson, president of Gildenson Real Estate highlighted the property\u2019s alignment: \u201cWith the current market\u2019s demands, [it offers] what today\u2019s tenants are actively seeking in order to attain and retain the best talent.\u201d<\/p>\n

The property at 2990 Ponce is situated five blocks south of Coral Way and offers a prime location in the vibrant Coral Gables business district. The building is owned by BEA Equities, which paid $24.7 million in March 2022 to TA Realty. The six-story building was originally completed in 2012 and offers approximately 60,000 square feet of leasable space. It also boasts desirable amenities, such as private balconies; a 6,000-square-foot rooftop terrace; and ground-floor retail. The building currently enjoys an 87% occupancy rate with 8,000 square feet of available space.<\/p>\n

Other notable relocations in Coral Gables include UBS, which signed a 33,180-square-foot lease at 4225 Ponce \u2014 an eight-story office development currently under construction.<\/p>\n

This move will relocate UBS from its current location at 550 Biltmore Way, which is approximately 1.5 miles north of 4225 Ponce.<\/p>\n

If you\u2019re looking to\u00a0rent office space in Miami<\/a>\u00a0or other hot markets in the region, head over to the\u00a0CommercialCafe.com<\/a>\u00a0homepage to start your search!<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

The company signed a 21,806-square-foot lease at 2990 Ponce that will enable it to relocate from its current offices in Doral, Fla. The move also marks a significant expansion of its footprint as the firm will nearly double the size of its headquarters.<\/p>\n","protected":false},"author":56,"featured_media":41178,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[37,38,4014,39],"tags":[],"class_list":["post-41177","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-commercial-real-estate-news","category-deals","category-featured","category-office","wpautop"],"acf":[],"yoast_head":"\nNo-Fault Group Expands HQ at New Coral Gables Location - CommercialCafe<\/title>\n<meta name=\"description\" content=\"The company signed a 21,806-square-foot lease at 2990 Ponce that will enable it to relocate from its current offices in Doral, Fla...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialcafe.com\/blog\/no-fault-group-expands-hq-at-new-coral-gables-location\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"No-Fault Group Expands HQ at New Coral Gables Location\" \/>\n<meta property=\"og:description\" content=\"The company signed a 21,806-square-foot lease at 2990 Ponce that will enable it to relocate from its current offices in Doral, Fla...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialcafe.com\/blog\/no-fault-group-expands-hq-at-new-coral-gables-location\/\" \/>\n<meta property=\"og:site_name\" content=\"CommercialCafe\" \/>\n<meta property=\"article:published_time\" content=\"2025-01-17T04:17:53+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialcafe.com\/blog\/wp-content\/uploads\/sites\/10\/2025\/01\/Coral-Gables-Florida.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1980\" \/>\n\t<meta property=\"og:image:height\" content=\"1280\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Diana Sabau\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Diana Sabau\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialcafe.com\/blog\/no-fault-group-expands-hq-at-new-coral-gables-location\/\",\"url\":\"https:\/\/www.commercialcafe.com\/blog\/no-fault-group-expands-hq-at-new-coral-gables-location\/\",\"name\":\"No-Fault Group Expands HQ at New Coral Gables Location - 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