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| One Biscayne Tower, Downtown Miami, FL |
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| Brian Gale |
Miami, FL - Law firm
renewals and expansions are driving recent leasing activity at One Biscayne
Tower, a building that has seen over 100,000 square feet of leasing this
year.
Three law firms have
signed renewals and expansions totaling nearly 55,000 square feet with an
additional 21,000 square foot renewal & expansion signed by French
container transportation and shipping company CMA CGM.
Brian Gale and Ryan
Holtzman of Taylor & Mathis brokered the four deals valued at $42
million, on behalf of the building owner.
The largest of these
transactions is the 10 year renewal by statewide law firm, Broad & Cassel.
The firm renewed their lease of 26,000 square feet on the 21st floor.
Even though many buildings tried courting them,
their views from One Biscayne Tower couldn’t be beat. The deal was co-brokered by Richard Linevsky of NAI Miami.
“Broad & Cassel was
one of the first new tenants we brought to the building over 10 years ago,”
said Taylor & Mathis Principal Brian Gale.
“We were hired to lease One Biscayne Tower as
new buildings were being built which were poaching tenants from existing
buildings.
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| Ryan Holtzman |
“When we first signed Broad & Cassel it
really helped solidify the building’s image, which turned around the leasing
momentum. From there we signed several more law firm leases.
“Ten years later, we are
renewing those same tenants. These renewals are testaments to the quality of
the building, its ownership and of course those panoramic and unobstructed
views of Biscayne Bay.”
The views were also key in
securing the CMA CGM renewal and expansion. The world’s third largest container
company has space overlooking the Port of Miami.
“They can actually see
their cargo ships, with their products and crates from their offices,” said
Gale. With an expansion of 7,000 square feet, the firm now leases 21,000 square
feet at One Biscayne Tower.
The deal was co-brokered
by Chris Coots and Didier Choukroun
of Flagler Investment Property Group.
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| Barbara Liberatore |
Jackson Lewis, one of the
country’s preeminent workplace law firms, signed a 22,800 square foot renewal
and expansion. The deal includes a 4,300 square foot expansion to their 18,500
square foot offices on the 35th floor. The deal was co-brokered by Chris Coots of Flagler Investment
Property Group.
The law firm of Pathman
Lewis, LLP renewed their lease of 10,200 square feet. The deal was co-brokered
by Barbara Liberatore and Matt
Cheezem of CRESA.
Earlier this year Synergy
Workspaces entered the Miami market leasing 26,144 square feet, a full floor,
at the building.
“One Biscayne Tower has
strong Ownership, efficient floor plates with terrific window line and
incredible views” said Taylor Mathis Leasing Director Ryan Holtzman. “With
Bayfront Park located directory to the east, One Biscayne has endless ocean
views that will never be obstructed. Our tenants love the fact that they are
within walking distance to some of the best restaurants and hotels in the City
in the fastest growing area in Miami.”
For a complete copy of the company’s news release,
please contact:
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