Blanca CRE Arranges 51,000 SF Lease With Verizon
The lease marks Miami’s largest office lease to date in 2025.
The lease marks Miami’s largest office lease to date in 2025.
Colliers Vice Chair Stephen Rutchik represented the long-term tenant in the lease renewal. Cushman & Wakefield’s Brian Gale, Andrew Trench, Ryan Holtzman, and Edward Quinon represented the landlord.
The 33-story tower spans 687,000 square feet.
SJC Ventures, in partnership with Nuveen Real Estate, plans to break ground in fall 2024 on the new development that will comprise an 88,938-square-foot mixed-use center, featuring retail stores, restaurants and service-driven businesses.
The 33-story bayfront tower is more than 90% occupied.
The landlords were represented by Juan Ruiz, Andres del Corral, Jack Davidson, Jessy Aguila, and Tere Blanca, of Blanca Commercial Real Estate in the lease transaction. Brent Woodruff, Matthew Goodman, and Tyler Wyant from CBRE represented the tenant.
JLL’s Zach Winkler represented Nuveen in the retail lease negotiations for Pura Vida’s new space, is double in size from its current Brickell outpost.
The transaction would set a record if the purchase closes at this price.
Blanca CRE announced the signing of approximately 60,000 square feet of lease transactions.
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.
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