PMG Announces 32,000 SF Of Commercial Space At 400 Biscayne In Downtown Miami

National real estate development firm PMG announced the commencement of leasing for office space at 400 Biscayne within the Society Biscayne mixed-use tower in Downtown Miami. The full 11th and 12th floors are now available for commercial lease and custom build out. PMG will also relocate its Miami headquarters to the 13th floor of the development, which is slated for completion in Q4 2021.

Ericka Witkowski, Founder and Principal of Witko Group, will lead the leasing efforts.

“The influx of business relocations and expansions to South Florida has underscored the demand for Class-A office space in Downtown Miami,” said Ryan Shear, Managing Partner at PMG. “400 Biscayne will be the first new waterfront, Class-A office product to open in Downtown in over a decade, and we’re experiencing immediate urgent demand. The unobstructed views of Biscayne Bay, access to amenities and opportunity to customize two full floors to suit specific needs sets 400 Biscayne apart in the market. We are confident Witko Group will lease the space quickly and are eager to welcome tenants to the building towards the end of this year.”

Located in the 49-story Society Biscayne, which will be home to a highly anticipated lobby cocktail bar and restaurant by the team behind local favorite Jaguar Sun, as well as a sparkling new First United Methodist Church of Miami, each floor at 400 Biscayne offers a 16,086 square feet floor plate for up to 32,172 square feet of contiguous space. The office space features panoramic floor-to-ceiling windows in an iconic Downtown Miami location next to the Freedom Tower and directly across from the newly minted FTX (formerly American Airlines) Arena.

“400 Biscayne is truly like no other office product on the market in South Florida,” said Witkowski. “This incredible opportunity at the new epicenter of Downtown Miami offers the perks of a private, boutique office building including seamless parking with direct elevator access to tenant spaces, limited co-tenants and exterior signage opportunities in a brand-new Class-A, fully amenitized development.”

Part of PMG’s Society Living portfolio, Society Biscayne broke ground in June 2019 and is being developed in partnership with Toronto-based real estate private equity firm Greybrook Realty Partners. The 882,000-square-foot project will include 646 rental apartments and 2,500 square feet of ground floor retail.

 

 

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