Hunton & Williams Renews 63,000-SF Lease

MIAMI-The law firm Hunton & Williams, the largest tenant in the former Mellon Financial Center, now Sabadell Financial Center, on Brickell Avenue, with nearly 63,000 square feet, renewed its lease for 10 years in late spring, a span which includes the remainder of the existing lease.

Hunton & Williams had leased three floors, but sublet some of that space to another tenant and there was a little more space they were not using besides, so the landlord took back both spaces, says Jack Lowell, vice president at Coral Gables-based Flagler Real Estate Services, who, along with Adriana Jimenez, Flagler’s leasing director, brokered the deal for the landlord, TESTA, SA, a Spanish company. Ocean Club, the subtenant, had a little over 7,000 square feet and the additional space that Hunton & Williams no longer wanted was less than 5,0000 square feet, so 12,000 square feet was returned to the landlord.