MIAMI-The 1450 Brickell Avenue Brickell building, which opened this spring with its temporary certificate of occupancy, is now 40% leased thanks to 26,045 square feet of new leases. With these additions, the building, which has 582,817 square feet, will have 226,000 feet leased.

The new tenants are Bank of New York Mellon, a financial services firm; Korn/Ferry International, an executive recruitment firm; BroadSpan Capital, an investment banking firm, and International Broking Solutions, a commercial re-insurance company.All the tenants in this group are scheduled to move in by year-end, except BroadSpan Capital. Korn/Ferry International will be relocating from the Wachovia Financial Center in the adjacent downtown area, and Bank New York Mellon will be relocating from the Sabadell Financial Center on Brickell.

The four new leases follow two of the largest leasing transactions in the area in the last year-- the Bilzin Sumberg law firm’s 80,000 square foot lease at 1450 Brickell and private investment firm HIG Capital’s 39,000-square foot lease at the building. And with another batch of leases to be announced within the next month, says Tere Blanca, president and CEO of Blanca Commercial Real Estate, who represents the landlord, 1450 Brickell, LLC in the transactions, "We are going to be over 50% leased in less than 30 days and 60% by year-end," she says.