The lease coincides with another major move in the area: City National Bank of Florida recently signed a 144,878-square-foot lease to relocate its headquarters within Coral Gables, marking the largest office lease in South Florida since 2023.
The 473,214-square-foot Columbus Center, located at 1 Alhambra Plaza, was sold by court-appointed receiver Chris Neilson to Alhambra Acquisition LLC, an affiliate of Tourmaline Capital Partners.
Miller began the site work in January and aims to complete the project this summer.
Newmark’s Managing Director Clay Sidner represented the tenant in the transaction. CBRE’s Senior Vice President Maggie Kurtz and Vice President Kevin Gonzalez represented the landlord.
With this new assignment, CBRE now handles the leasing for all Realco-owned office properties in Miami-Dade County, totaling 1 million square feet of Class A office space. CLICK ON THE HEADLINE FOR MORE
The lobby renovation is part of an on-going building common area $1 million renovation program. CLICK ON THE HEADLINE FOR MORE
The team joined CBRE in late January. CLICK ON THE HEADLINE FOR MORE
The bank should move into its new space in the third or fourth quarter of 2012. CLICK ON THE HEADLINE FOR MORE ON THIS STORY
Maggie Kurtz of Cushman & Wakefield was recently named leasing agent for Columbus Center, a 260,300 square foot Class A office building.