Thursday, March 12, 2009

Brown Mackie College Leases 51,000 SF at One Herald Plaza, Miami, FL

CORAL GABLES, FL– CREC (Continental Real Estate Companies), one of Florida’s largest full-service commercial real estate companies, announced that Brown Mackie College has signed a 10-year lease for 51,000 square feet at One Herald Plaza, (top right photo) The Miami Herald headquarters building.

“This is one of the biggest office leases in downtown Miami in the past year,” said Steven D. Hurwitz, (bottom left photo) CREC shareholder and senior vice president, “and a clear win-win for both parties.”

Hurwitz and Douglas Okun, senior leasing associate, represented the Miami Herald and its parent company, McClatchy Newspapers, while Cushman & Wakefield’s Alan Kleber represented the tenant. The total value of the lease was not disclosed.

Hurwitz noted that another 30,000 square feet is available for lease on the Herald building’s sixth-floor, which includes panoramic views of Biscayne Bay. Other amenities that were important to Brown Mackie College were redundant power, 24-hour air conditioning and on-site parking.

Oklahoma-based Brown Mackie College operates a nationwide system of schools with 21 locations in 10 different states around the country.
Contact: Lisa Rosario, LRosario@crec.com

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