MIAMI-Transwestern has big property management momentum in Miami. Sumitomo Corporation America has selected the firm as its exclusive property management team for Miami Center, a 782,210-square-foot class A office tower in Miami’s Central Business District, as well as its national property portfolio.

"Since Sumitomo Corporation of America purchased the building in 2008, we have worked alongside ownership to ensure Miami Center’s success,” Eric Groffman, senior vice president at Transwestern, tells GlobeSt.com. “This successful partnership has translated into an expansion of our relationship to include property management services for Sumitomo’s national office portfolio, including Miami Center."

Groffman says Miami Center has continued to attract and retain high quality tenants who seek a class A address and reports occupancy rates that continue to beat market averages. The building is home to the likes of Citibank, Morgan Stanley Smith Barney, BNP Paribas, and law firm Shook Hardy & Bacon. With the addition of the SCOA portfolio, Transwestern is responsible for the leasing and management of 15.8 million square feet statewide.