Four Tenants Leave Brickell For Downtown Miami
The JLL team was appointed leasing agent of the the 810,000-square-foot Downtown Miami landmark Class A office property in April 2022.
The JLL team was appointed leasing agent of the the 810,000-square-foot Downtown Miami landmark Class A office property in April 2022.
The 188,389-square-foot property encompasses seven buildings and 29 tenants.
The landmark business park totals approximately 3.6 million square feet and is home to more than 350 companies.
With more than 10 years of experience in the commercial real estate industry, he specializes in the representation of owners and tenants in the management of their design and construction teams.
The long-term lease brings Building A to 100% occupancy.
The sale does not include other components of the mixed-use development, such as its 158-unit Congregate Living Facility and numerous outparcels.
The office building is nearly 70 percent leased ahead of its late-2022 completion.
The project will provide 320K SF of Class-A office space and 80K SF of functional outdoor space. It will stretch over a 2-acre block between Northeast 42nd and 43rd streets and between Northeast Second and Fourth avenues.
JLL Capital Markets closed the sale and secured the equity for the 793-unit Modera Academical Village.
The JLL brokerage team of Managing Directors Steven Hurwitz and Doug Okun and associate Madeline Fine are spearheading the office leasing at the property.
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