Scheduled to open in August, the 10,000-square-foot space will serve as the company’s operational and creative hub as the company continues to expand. Close to 20 employees have relocated from Baltimore to support the company’s next phase of growth. The company also plans to hire between 30-60 additional full-time Miami-based employees over the next year.
The partnership plans to invest more than $30 million to upgrade and renovate the portfolio with completion expected in 2027.
The property is currently improved with the Aventura Offices and Medical Center, a two-story office and medical office building totaling about 37,000 square feet.
Colliers’ Vice President Jake Freeman and Senior Vice President Maggie Kurtz represented the landlord in securing the lease.
The company is a fintech-driven commercial lending platform that provides customized financing solutions to small and medium-sized businesses across the United States.
Cushman & Wakefield’s Jeannette Mendoza represented ownership, while Shay Pope of Stream Realty and Michael Phipps of CBRE represented the tenant.
In addition to the office lease, the new tenant will also open a 5,916-square-foot ground-floor restaurant at the property.
Ocean Bank provided $28 million. Senior Vice President Jesus Garcia arranged the loan.
Newmark Senior Managing Director Jeremy Hakala and Managing Director Matt Himmelsbach are the listing agents for the project.
The litigation and appellate firm originally signed its lease in the tower in 1996 and is the building’s longest-running tenant.
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