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Greenberg Traurig Signs at Met 2

MIAMI-The international law firm will relocate from 1221 Brickell to 150,000 sf in the new CBD building.

By Crystal Proenza | Updated on July 10, 2008

(Crystal Proenza is associate editor of Real Estate Florida.)

MIAMI, FL-It has been speculated since earlier this year that international law firm Greenberg Traurig LLP was looking to leave its current 160,000 sf at 1221 Brickell when that lease expires in 2010. Now the firm has officially announced its future move to Met 2, a 700,000-sf, 47-story speculative office tower under construction on SE Second Avenue.

Greenberg has signed a lease to occupy 150,000 sf by fall 2010, says Jack Lowell, managing director of Flagler Real Estate Services/Oncor International, which handled the transaction on behalf of Met 2 owner MDM Development. Greenberg represented itself in the deal. Daily Business Review, a Miami-based newspaper related to GlobeSt.com, reports that a spokeswoman revealed that the 15-year lease was in the “mid to high $40s per sf.”

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