Tenant Extends 13,350 SF Lease At 701 Brickell

As Brickell solidifies its status as a prime destination for the insurance sector due to its strategic combination of seamless connectivity, world-class office spaces, and dynamic business landscape, the National Union Fire Insurance Company, a subsidiary of American International Group, Inc. (AIG), has renewed its 13,350-square-foot lease at 701 Brickell Avenue in Miami.

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, Nuveen Real Estate, in the lease transaction.

“Brickell stands as the premier location for insurance and reinsurance firms, underscoring the strength of its address within the industry,” said Rutchik. “Its walkability and proximity to business hubs continue to attract and retain top-tier tenants. With firms like AIG calling it home for years, Brickell’s appeal as a long-term haven for world-class companies remains undeniable.”

The National Union Fire Insurance Company is headquartered in Pennsylvania. Renowned for delivering risk management solutions to businesses and individuals, the company offers a comprehensive range of insurance products, including commercial property, liability, auto, workers’ compensation, and specialty coverages.

AIG is a leading global insurance organization offering various property casualty insurance solutions and financial services. The company delivers top-notch products and expertise to businesses and individuals in around 190 countries and jurisdictions through its operations and network partners.