Miami Cbd Large Blocks of Office Space
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RESEARCH MIAMI CBD AUGUST 2019 LARGE BLOCKS OF OFFICE SPACE 836 MACARTHUR CAUSEWAY 100,000+ SF Blocks 395 Southeast Financial Center Four Seasons Tower 200 S Biscayne Boulevard 1441 Brickell Avenue Ponte Gadea USA 9 Millennium Partners Management 1 1,225,000 RBA – 67.8% Leased 258,767 RBA – 98.1% Leased 133,120 SF Max Contig. 28,763 SF Max Contig. $53.25/RSF FS $60.00/RSF FS Citigroup Center 1221 Brickell 201 S Biscayne Boulevard 1221 Brickell Avenue Crocker Partners Rockpoint Group 2 809,594 RBA – 74.0% Leased 10 408,649 RBA – 86.1% Leased 95 127,634 SF Max Contig. 26,761 SF Max Contig. $48.00-$52.00/RSF FS $52.50/RSF FS Freedom PORT BLVD A1A Tower Wells Fargo Center 50,000 - 99,999 SF Blocks 333 SE 2nd Avenue AVE MetLife Real Estate Investments AVE 11 ND 752,845 RBA – 85.9% Leased ND SunTrust International Center 26,000 SF Max Contig. 1 SE 3rd Avenue BISCAYNE BLVD BISCAYNE $48.00/RSF FS N MIAMI AVE MIAMI N 2 NE NW 2 NW MiaMarina Pacific Coast Capital Partners MIAMI RIVER 3 440,299 RBA – 66.4% Leased 90,255 SF Max Contig. $38.00-$40.00/RSF FS 15,000 - 24,999 SF Blocks Brickell Office Plaza Brickell World Plaza Downtown 777 Brickell Avenue 600 Brickell Avenue 8 Padua Realty Company Elm Spring, Inc. 4 288,457 RBA – 74.8% Leased 12 631,866 RBA – 92.5% Leased 3 6 68,386 SF Max Contig. CLASS 24,138 SF Max Contig. $38.00-$39.00/RSF FS B $58.00-$65.00/RSF FS 1111 Brickell Avenue Courvoisier Centre I 15 1 2 1111 Brickell Avenue 501 Brickell Key Drive 5 Parkway Properties 13 Corporacion Masaveu S.A. 11 522,892 RBA – 84.0% Leased 120,531 RBA – 81.1% Leased 66,592 SF Max Contig. 19,565 SF Max Contig. $52.00-$55.00/RSF FS $56.00/RSF FS One Biscayne Tower Brickell Arch 7 2 S Biscayne Boulevard 1395 Brickell Avenue L&B Realty Advisors, LLP 14 Gaedeke Group. 6 691,783 RBA – 76.4% Leased 268,000 RBA – 88.4% Leased 23,206 SF Max Contig. (Sublease) 12 52,000 SF Max Contig. SW 7TH ST $44.00/RSF FS Sublet Asking Rate $53.00/RSF FS 13 Miami Tower SW 8TH ST 4 100 SE 2nd Street 25,000 - 49,999 SF Blocks Sumitomo Corp. of Americas 16 15 619,093 RBA – 94.2% Leased 444 Brickell 18,349 SF Max Contig. Brickell 444 Brickell Avenue $49.00-$51.50/RSF FS 95 The Related Group of Florida 800 Brickell 7 200,368 RBA – 75.0% Leased AVE 800 Brickell Avenue AVE 37,250 SF Max Contig. CLASS ND Gatsby Realty ST B $31.00/RSF FS 16 208,325 RBA – 90.9% Leased CLASS 5 Alfred I. DuPont Building 15,000 SF Max Contig. SW 2 SW B SW 1 S MIAMI AVE MIAMI S $40.00-$43.00/RSF FS BRICKELL AVE 169 E Flager Street 10 Alfred I Dupont BLDG Partner, LLP 8 226,273 RBA – 79.2% Leased SW 15 33,000 SF Max Contig. CLASS 14 $29.00-$35.00/RSF FS B TH RD 9 N Note: All buildings are Class A, unless otherwise indicated. Quoted rental rates are for direct square feet available, unless otherwise noted. FS = full service, which includes NNN rates + operating expenses. Data as of August 2019 by Newmark Knight Frank. The information contained herein has been obtained from sources deemed reliable but has not been verified and no guarantee, warranty or representation, either express or implied, is made with respect to such information..