MIAMI-Southeast Financial Center has inked two tenant deals spanning 39,389 square feet in the state’s tallest office tower. That brings 2011’s lease total to 97,000. The new leases continue a leasing trend there: law firm deals.

On the heels of a spree of new-to-market and existing legal tenant transactions, two of the building’s prestigious legal tenants reaffirmed their commitment: Morgan, Lewis & Bockius, the 14th largest national law firm by headcount, has signed a 33,589-square-foot renewal on the 52nd and 53rd floors and Bercow Radell & Fernandez signed a renewal for 5,800 square feet on the eighth floor.

Miami has grown to be a hub for global legal activities, with 27 of the top 200 law firms officing in the Magic City, according to Don Cartwright, senior vice president at Jones Lang LaSalle and director of leasing for the Southeast Financial Center. Of those, nine reside at Southeast Financial Center, five of which are among the top 20 law firms in the world. And the building’s tenant base comprises more than 25% of the building.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.