Wells Fargo now occupies two floors totaling approximately 45,000 square feet at Tricera’s 1675 Midtown office building following a 19,000-square-foot lease expansion.
CBRE’s Jose Lobón, Trey Barry, and Frank Fallon represented the seller in the transaction. The CBRE National Partners sales team was assisted by CBRE’s Royce Rose, Alain Bonvecchio, and Tom O’Loughlin.
With over 35 years of experience, he has participated in all aspects of commercial real estate, including development, property management, brokerage, receivership, and banking.
Construction is anticipated to commence in the fourth quarter of 2023, with expected tenant occupancy beginning in the third quarter of 2026.
The property features four floors of office space with high ceilings and hardwood floors, set above ground floor retail.
CBRE arranged the 10,175-square-foot retail lease at The Gateway at Wynwood.
Brian Gale and Edward Quinon of Cushman & Wakefield represented the landlord in the lease negotiations. Holland & Knight LLP was represented by Todd Lippman and Shay Pope of CBRE.
The national eyewear chain has relocated the company headquarters to a 14,438 square foot space. Deborah Fink of CBRE represented the landlord in the transaction.
The $90 million project is expected to be completed in 18 months.
A private investor purchased the 45-key property for under $15 million.
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