Cushman & Wakefield has arranged a 32,480-square-foot lease renewal at 701 Brickell for EFG Capital.
The company will occupy the entire ninth floor and a portion of the 13th floor in the office building, which is located in Miami’s Brickell financial and tech neighborhood.
Cushman & Wakefield’s Brian Gale, Andrew Trench, and Ryan Holtzman represented the landlord, Nuveen Real Estate, in the lease negotiations and Transwestern’s Glenn H. Gregory represented the tenant.
“We are ecstatic to have our long-time tenant at 701 Brickell, EFG Capital, renew its lease after the multimillion-dollar renovation to the building,” said Gale, Vice Chairman at Cushman & Wakefield. “701 Brickell has become the building that financial service tenants want to be in with Apollo, Moore Capital, Point72, and Alliance Bernstein, just to name a few.”
701 Brickell spans 33 stories and is situated on Brickell Ave. and Biscayne Bay. The LEED Gold Certified and Energy Star labeled building features efficient floorplans with unbeatable bay views, a conference facility, tenant only fitness center, covered parking accessible from Brickell Avenue or SW 8th Street and various on-site retail establishments. 701 Brickell is also at the center of Miami’s business community and located near 31 distinct transit routes.
“We are very pleased to have renewed EFG one of our largest tenants at 701 Brickell on the heels of completing our extensive lobby and amenity center renovations. We highly value EFG within our tenant roster and look forward their occupancy for years to come,” added Charles Russo, Nuveen Real Estate’s Southeast Regional Head for Office and Life Sciences.
“Nuveen’s reputation as a premier owner and landlord, along with the investment that they made to maintain the marquee, Class A status of the building were all contributing factors to EFG’s decision to maintain 701 Brickell as their corporate address – it was a good decision,” noted Glenn H. Gregory, Managing Director at Transwestern.
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