Nearly 100K SF Lease Renewal Underscores Downtown Miami’s Legal Market Demand

As Downtown Miami’s office market continues to thrive, fueled by strong rent growth, robust leasing activity, strategic new supply, and improved vacancy rates, Florida-based law firm Stearns Weaver Miller Weissler Alhadeff & Sitterson, P.A. (Stearns Weaver Miller) has renewed its 96,762-square-foot lease at Museum Tower, a notable Class A office tower in Downtown Miami located at 150 W Flagler Street in Miami.

Colliers Vice Chair Stephen Rutchik and Vice President Ana Paula represented Mana Properties in the transaction. Tere Blanca and Grant Gassman of Blanca Commercial Real Estate represented Stearns Weaver Miller in the long-term renewal.

“The firm’s decision to renew reflects the unmatched location, exceptional value, and longstanding presence it has established at Museum Tower, underscoring its commitment to remaining at the heart of Miami’s legal and business core,” said Rutchik.

Soon, coworking spaces by Mana Hubs dedicated to legal professionals will launch at the property, expanding the established platform into Museum Tower and complementing its expansive office offerings that range from full-floor opportunities to customizable buildouts.

Additionally, Mana Properties is planning the development of a membership club next door dedicated to the legal community that will include amenities such as food and beverage services, private offices, coworking suites, and a lounge. Together, these initiatives underline Mana Properties’ commitment to creating a dynamic ecosystem for Miami’s legal practitioners in the Flagler District. Museum Tower tenants also benefit from a newly renovated lobby with sleek finishes, a full-service concierge, a modern fitness center, and a new ground-floor restaurant concept by a world-renowned chef debuting soon.

Situated in the heart of Miami’s legal and business district, the building is located directly across from the Miami-Dade Courthouse, steps from the Government Center, and within minutes of I-95, the Metrorail, and Brightline MiamiCentral Station. The signature building is situated along the Flagler Street Beautification Project, an exciting initiative to revitalize and enhance one of the city’s most important and historic corridors. Surrounded by retail, dining, and cultural destinations, Museum Tower delivers a connected and vibrant environment for today’s leading firms.

“We’re pleased to extend our long-standing partnership with Stearns Weaver Miller at Museum Tower. Their decision to renew speaks to the quality and appeal of our property, as well as the value we place on fostering strong tenant relationships,” said Ariel Lifshitz, Chief Financial Officer at Mana Properties. “Stearns Weaver Miller has been an outstanding tenant, and their continued commitment underscores their confidence in our building’s ability to support their evolving needs.”

Mana Properties, a division of Mana Common, the urban revitalization and community-building platform founded and led by Moishe Mana, focuses on reviving and creating vibrant, sustainable neighborhoods. By integrating live, work, and play elements, the initiative fosters dynamic ecosystems that enhance quality of life and strengthen community connections.

Stearns Weaver Miller is a full-service Florida law firm with more than 150 attorneys across offices in Miami, Coral Gables, Fort Lauderdale, Tampa, and Tallahassee. Serving clients from entrepreneurs and small businesses to large multinational corporations, the firm provides comprehensive legal counsel through its multidisciplinary teams. Its attorneys collaborate closely to help clients navigate and resolve complex legal matters and disputes with strategic, tailored solutions.

Downtown Miami remains a top choice for law firms and other professional services, thanks to its robust office market and unbeatable location. Class A office rents in the area are holding steady at $66.97 per square foot, and vacancy rates are trending downward, indicating that demand is high. Law firms account for over a third of all tenant interest in Greater Downtown Miami, with professional services (17%) and financial services (10%) close behind. The submarket’s appeal extends beyond numbers, with buildings like Museum Tower undergoing upgrades to create a polished and convenient environment for businesses. With its central location in Miami’s legal and business district, Downtown continues to attract firms looking for both prestige and practicality.