Transwestern Secures Long-term Lease for TPO’s Relocation within Downtown Miami
August 22, 2019
MIAMI – Transwestern Commercial Services (TCS) today announces it completed a new 14,000-square-foot, long-term lease for the Miami-Dade Transportation Planning Organization (TPO) at Museum Tower, a 29-story, Class A office building spanning 253,165 rentable square feet at 150 W. Flagler Street in Miami. TCS Managing Director Glenn H. Gregory and Senior Vice President Christopher Dubberly provided leasing services on behalf of the tenant.
TPO’s mission is “to plan transportation facilities and services that are integrated and efficient while providing effective community participation,” according to the organization’s website.
“TPO required efficient office space with Class A amenities,” said Dubberly. “We successfully secured an ideal, cost-effective space conveniently located one block south of Government Center and proximate to local transportation.”
The new lease brings Museum Tower to 81 percent occupied, in line with downtown Miami’s overall Class A office occupancy rate of 81.3 percent according to market research by TCS. Kirk Fetter of Gaedeke Group represented the landlord in the transaction.
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Transwestern Commercial Services (TCS) is a privately held real estate firm of collaborative entrepreneurs who deliver a higher level of personalized service and innovative client solutions. Applying a consultative approach to Agency Leasing, Asset Services, Occupier Solutions, Capital Markets and Research, our fully integrated global organization adds value for investors, owners and occupiers of all commercial property types. We leverage market insight and operational expertise from across the Transwestern enterprise, which includes firms specializing in development and real estate investment management. TCS has 34 U.S. offices and assists clients from more than 200 offices in 37 countries through strategic alliances with France-based BNP Paribas Real Estate and Canada-based Devencore. Experience Extraordinary at transwestern.com and @Transwestern.