RFR, the new owner of 100 Biscayne Boulevard, a 310,000-square-foot office property in Miami’s Central Business District, is a global development firm with a footing in the Miami market as owner of the W South Beach Hotel and several prominent retail properties on Lincoln Road and in the Design District.
RFR now brings its extensive office investment and repositioning expertise to this well-located asset with plans to redevelop 100 Biscayne as a Class A boutique offering.
100 Biscayne is centrally located in the heart of Miami’s booming Central Business District with unobstructed views of Bayfront Park, Port of Miami, and the Downtown Miami skyline, as well as close proximity to the thriving neighborhoods such as Design District, Wynwood Arts District and Miami Beach.
Planning has already begun to make the building into a Class-A work environment with new high quality prebuilt offices, new bathrooms and corridors, modernized mechanical systems, new attentive management, and hands-on ownership that delivers a hospitality experience to its tenants. The new lobby, fitness and conferencing center will be refreshed, and plans to bring new lifestyle energy to the building will be announced soon. Currently, 100 Biscayne is home to a roster of leading companies such as the French conglomerate LVMH, Italian luxury brand Bulgari, Italian eyewear maker Luxottica, Swiss watchmaker Hublot, the New York Times, and international architecture firm Zyscovich.
“We were drawn to 100 Biscayne for its prime downtown location across from 32 acres of green space at Bayfront Park with sweeping views of Biscayne Bay,” said AJ Camhi, Executive Vice President and Director of Leasing at RFR. “We look forward to bringing RFR’s operational expertise and vision to Miami to deliver an exceptional tenant experience and inspiring work environments.”
RFR has tapped a JLL team comprised of Managing Director Eric Groffman, Senior Vice President Cameron Tallon, and Director Emily Brais to spearhead leasing efforts.
“With this major office acquisition, RFR is planting its flag in one of the nation’s most active office markets today and we are thrilled to have the opportunity to partner with RFR to lease its newest asset in Miami,” said Groffman. “Existing and future tenants at 100 Biscayne will benefit from having a high-caliber ownership group committed to the property’s long-term success and one that has built a solid track-record in major US cities as a best-in-class owner and market leader.”
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