CBRE and Karson & Co. arranged a new office lease in Miami on behalf of Vibrant Capital Partners, Inc. (“Vibrant”), a leading New York-based alternative credit investment management firm. Vibrant occupies more than 3,000 square feet on the 8th floor at 1200 Brickell Avenue and will expand its operations to the PH floor in 2023. The Miami space serves as the firm’s second office location.
1200 Brickell is a 20-story, 11,183-square-foot office tower with 24-hour security and an on-site parking garage. The property is within walking distance to Brickell City Centre, Mary Brickell Village, entertainment, luxury hotels, fitness centers, and banks.
“Finding a move-in ready, fully furnished office with a flexible lease term allowed us to instantaneously lease and open our Miami location at a time when demand in the Brickell market for desirable space has never been greater,” said Rocky Chung, Deputy Chief Operating Officer, at Vibrant. “Vibrant’s decision to open a second office in Florida was motivated by our desire to continue to attract and retain top talent as well as meet the evolving needs of our global clientele. We look forward to outfitting our additional space next year and deepening our presence in South Florida.”
Arden Karson of Karson & Co. and Carol Ellis-Cutler of CBRE partnered to represent Vibrant in connection with the two-lease transaction. The landlords are Arnhem Group LLC and MDR 1200 Brickell LLC.
Karson commented, “Vibrant’s leadership team was impressed with Miami’s pro-business attitude and didn’t want to miss out on the opportunity to join the finance industry’s migration to South Florida.”
“After an extensive search, Vibrant decided on an incredible space in the heart of Miami’s financial epicenter, the Brickell Financial District. The location at 1200 Brickell offers access to all of the neighborhood’s fabulous amenities in addition to sweeping views of Biscayne Bay, a state-of-the-art lobby, and in-building dining provided by Major Food Group’s Dirty French Steak Restaurant,” added CBRE’s Ellis-Cutler.
Chung concluded, “We are grateful for Karson & Co. and CBRE’s dedication and hard work in ensuring these leases were completed efficiently and effectively.”
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