MIAMI-Southeast Financial Center is living up to its name. Florida’s tallest and largest office tower just won 31,038 square feet of lease renewals—and national financial institutions are the signers.
Of the 20 financial-related tenants occupying more than 290,000 square feet, two have recently solidified their footprint at the building: Merrill Lynch and Interaudi Bank.
Merrill Lynch signed a long-term renewal and expansion totaling 22,498 square feet. Interaudi Bank, a private independent New York- and Florida-based institution, signed a long-term renewal for 8,540 square feet.
“The continued endorsement of these two longstanding and prestigious tenants is a testament to the significance of Southeast Financial Center as well as ongoing financial recovery in Miami,” Donald Cartwright, senior vice president at Jones Lang LaSalle, the exclusive leasing and management agent for the property, tells GlobeSt.com. “Miami serves as the gateway to business in the Americas.”
Southeast Financial Center’s 20 financial firms fill nearly half of the building’s 1.225 million square feet. Ten of the Top 250 Am Law Firms also call the building home, leasing more than 330,000 square feet or approximately one quarter of the building. Overall, about 1 million square feet of the project is occupied.
Located at 200 South Biscayne Boulevard in Downtown Miami, Southeast Financial Center is comprised of two buildings: a 55-story class A Office Tower and a 15-story annex building that houses the popular Downtown Athletic Club and 1,200 parking spaces. Connecting the office tower and annex buildings is a 30,000-square-foot outdoor plaza.
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