MIAMI-Office space flooded the Downtown Miami market in 2010 at a time when companies were downsizing and vacancies were rising. But 1450 Brickell is reporting success in Miami’s Brickell Financial District.
The LEED Gold certified building saw 230,470 square feet of leases in 2010. The transactions completed—along with the 80,000 square foot space taken by law firm Bilzin Sumberg in September 2009—bring the total amount of space leased in the building to roughly 310,470 rentable square feet.
How did Blanca Commercial Real Estate beat the odds? Danet Linares, executive vice president for Blanca Commercial Real Estate, attributes much of 1450 Brickell’s leasing success to the presence of blue chip tenants who serve as magnets for attracting other users.
“For many tenants, a move to 1450 Brickell is about more than taking premium office space,” Linares says. “It’s about uncovering new opportunities for networking with potential business contacts and positioning a company among Miami’s elite corporate users.”
The leases finalized in 2010 included a mix of major corporate users, local and entrepreneurial firms, multinational companies, and new-to-market tenants, including JP Morgan Chase, BNY/Mellon, Korn/Ferry International, and H.I.G. Capital. Sacha’s Caf
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