The bank plans to grow its workforce by 20% over the next year and a half, and the new location will help consolidate its staff currently spread across Downtown Miami, the Brickell Financial District, and its Coral Gables office.
The Plaza Coral Gables spans seven acres and features approximately 455,008 square feet of Class A office space across two towers.
The building features 24’ clear span heights, a 335’ building depth, 49 loading positions, and 95’ to 150’ truck court depths.
Colliers Executive Vice President Scott Weprin represented the tenant in the lease transaction, while CBRE represented the landlord, Prologis, in the negotiations.
At 10 stories, the landmark 263,000-square-foot, Class A building visually dominates the city’s central commercial district, which spans along University Drive just south of Sample Road.
In this expanded role, Rodriguez will be responsible for the strategic direction and day-to-day leadership of CBRE’s Miami and Ft. Lauderdale offices. He will also continue to oversee the company’s industrial platform across South Florida.
The portfolio was 93% occupied at the time of the sale by a diverse tenant mix across various industries.
The facility was 100% leased to 12 tenants that are critical to the local economy and service the immediate area.
José Lobón, Trey Barry, Frank Fallon, Royce Rose, George Fallon, Gabriel Braun and Daniel Sarmiento with CBRE National Partners, represented the seller, Manova Partners, in the transaction.
Christopher Dubberly and Jacob Sanchez with CBRE’s South Florida Healthcare team in Fort Lauderdale are leasing the property on behalf of the owner and manager, CoreGro.
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