The first phase of the development will feature 180,000 square feet of creative office space in the East Building, along with 600 multifamily residential units. Additionally, experiential retail spaces will anchor the base of every building, encompassing approximately 80,000 square feet, with the total project size reaching over 800,000 square feet.
Christina Stine Jolley has been promoted to Senior Vice President & Broward Market Leader and Andrew “Andy” Ackerman joins as Senior Vice President.
The 253,000-square-foot office building was built in 1986 and expanded in 2007, complete with 931 parking spaces. It is currently 92% occupied.
The activity includes a significant lease renewal with Brookfield Corporation, a global leader in financial services, underscoring the ongoing demand for high-quality office space in South Florida.
With over 25 years of experience in commercial real estate and healthcare,she has been instrumental in expanding Blanca CRE’s healthcare leasing portfolio by 1 million square feet since joining the firm in 2021.
While set to open in 2025, the building is already 25% pre-leased.
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.
Apple is constructing one of the biggest Apple Stores in Downtown Miami, a freestanding retail space surrounded by the Miami Worldcenter towers.
The new tenant leased 8,142 square feet of office space in the building.
The Main Las Olas was developed by Shorenstein Properties LLC and Stiles, two real estate leaders with development track records spanning more than a century.