Iconic Office Tower with Large-Block Availability
May 26, 2021
Miami – Transwestern Real Estate Services (TRS) announces its South Florida Agency Leasing team has completed 70,459 square feet of office leases in four transactions at Miami Tower, a 619,094-square-foot, Class A office asset at 100 SE Second St. in downtown Miami. Transwestern provides office leasing and property management services for the property on behalf of owner USPO Miami, LLC and its service provider, Sumitomo Corporation of Americas.
Transwestern recently negotiated the following leases:
- The U.S. General Services Administration’s Public Buildings Service renewed its 32,735-square-foot lease. Public Properties’ Payton Kulina and Teddy Seifert represented the government agency in the transaction.
- Boies Schiller Flexner LLP renewed its 18,349 square feet lease. Josh Hartman from Avison Young represented the nationally recognized litigation firm in the transaction.
- Lash & Goldberg LLP renewed/expanded 9,949 square feet. The Florida-based law firm was represented in the transaction by Tony Jones from Cushman & Wakefield.
- Gordon Rees Scully Mansukhani LLP, signed a new 9,726-square-foot lease. The full-service law firm was represented in the transaction by Tim Prunka and J. Tyler Wyant from Savills.
“These transactions speak to the strength of Miami Tower’s location, amenities, and institutional ownership,” said Transwestern Managing Director Glenn H. Gregory. “With limited options for tenants seeking large footprints within the CBD, Miami Tower benefits from multiple large blocks of contiguous space from 40,000 to 60,000 square feet within the mid- and high-rise sections of the building. Plus, it’s the only downtown office building with an integrated Metromover station, which offers tenants incredible convenience.”
At 47 stories, Miami Tower is one of the metro’s tallest buildings and one of the world’s most recognizable office landmarks, designed by world-renowned architect I.M. Pei. The building offers unparalleled lines of sight and panoramic views, along with a host of amenities, including a conference facility, multi-purpose training room, fitness center, tenant lounge, sky lobby, and sky terrace event space.
Centrally located in the heart of downtown, the LEED® Gold-certified Miami Tower offers walkability to many restaurants, retail, and hotel options and immediate Interstate 95 access, which can save downtown commuters up to an hour per day.
“Miami Tower offers a variety of flexible leasing opportunities from short- and long-term leases to full-floor availabilities,” said Transwestern Vice President Bert Checa. “We’re eager to continue partnering with the brokerage community to provide office spaces for businesses seeking exceptional workplace environments in downtown Miami.”
About Sumitomo Corporation of Americas
Established in 1952 and headquartered in New York City, Sumitomo Corporation of Americas (SCOA) has eight offices in major U.S. cities. SCOA is the largest subsidiary of Sumitomo Corporation, one of the world’s leading traders and investors of goods and services. With almost 40 years of real estate investment and development experience in the U.S., SCOA has investments in commercial office buildings, multi-family communities, planned developments and single-family homes. The Company maintains a diverse and balanced real estate portfolio, including the iconic 47-story Miami Tower in the heart of downtown in Miami.
About Transwestern Real Estate Services
Transwestern Real Estate Services (TRS) adds value for investors, owners and occupiers of all commercial property types through a comprehensive perspective and by providing solutions grounded in sound market intelligence. Part of the Transwestern companies, the firm applies a consultative approach to Agency Leasing, Asset Services, Tenant Advisory + Workplace Solutions, Capital Markets, and Research & Investment Analytics.
The privately held Transwestern companies have been delivering a higher level of personalized service and innovative real estate solutions since 1978. An integrated approach formed from fresh ideas drives value for clients across commercial real estate services, development, investment management and opportunistic programs for high-net-worth investors. The firm operates through 34 U.S. offices and global alliances with BNP Paribas Real Estate and Devencore. Learn more at transwestern.com and @Transwestern.