Miami Tower Attracts Surge in Office Leases

[ad_1] Personal fairness actual property funding firm CP Group (CPG) not too long ago introduced elevated leasing exercise on the Miami Tower, the 47-story icon within the metropolis’s central enterprise district.

A spread of outstanding regulation and accounting companies have finalized leasing agreements on the property, which embrace new leases, renewals, and expansions.

“These leasing agreements spotlight the continued demand for amenitized, strategically situated workplace buildings,” stated John Osborne, senior vice chairman at CP Group. “With renovations almost full, we're reaching a key milestone in combining the tower’s timeless structure with market-leading facilities that attraction to as we speak’s tenants.”

CPG’s capital enhancements plan features a reimagined first-floor arrival; a tenant lounge with collaborative huddle areas; a model new convention heart; the event of a full ground of move-in-ready spec suites that had been delivered final 12 months and are already leased; and a renovated sky foyer on the eleventh ground that includes a brand new café and barista stand that might be accessible for public bookings upon completion.

Situated between the Southeast Second Avenue on-ramp and the Southeast Third Avenue off-ramp to Interstate 95, the Miami Tower is among the most recognizable buildings within the metropolis and incorporates greater than 600,000 sq. ft of trophy-grade central enterprise district Miami workplace house. It affords tenants extremely handy entry to a variety of luxurious inns and eating choices within the coronary heart of downtown.

The wave of latest lease agreements embrace: labor and employment regulation agency Littler Mendelson P.C.; automated code refactoring and evaluation firm Moderne, Inc.; nationwide litigation agency Wilson Elser; Florida-based regulation agency specializing in development defect and insurance coverage restoration Ball Janik LLP; public accounting, tax consulting and enterprise advisory agency BDO USA; enterprise and actual property regulation agency Rennert Vogel Mandler & Rodriguez, P.A.; enterprise and employee’s compensation regulation agency Chartwell Legislation; and funding providers agency Northwestern Mutual Life Insurance coverage.

“Miami Tower’s prime location and new, incoming facilities supply an distinctive atmosphere for our attorneys, skilled employees and shoppers,” stated Porpoise Evans, workplace managing shareholder at Littler Mendelson P.C. “The constructing’s reimagined areas, such because the Sky Foyer, state-of-the-art convention heart, and cafe choices present a really perfect setting for our Miami operations. We stay up for making this tower our new dwelling.”

The long-lasting skyline silhouette of the Miami Tower, situated within the metropolis’s central enterprise district. Property picture courtesy of CommercialEdge.com

Final modified: June 2, 2025

Earlier Story:Empire Capital Inks $130 Million Deal for two Midtown South Workplace Buildings Concerning the Creator / Ioana Ginsac Ioana Gînsac is a inventive author overlaying all-things-CRE for a number of Yardi community publications. Subjects embrace business information and market reviews, in addition to sustainable improvement, structure, urbanism, and extra. Her work has been referenced by publications together with AmericanInno, Bisnow, BusinessInsider, Industrial Property Government, Curbed, Quick Firm, Forbes, GlobeSt.