1985 Brickell Office Building Proves Newer Not Always Better

MIAMI—It’s not a new office tower, but it’s become one of Miami’s most stable and well-occupied buildings despite losing a major client in the downturn. Brickell Bay Office Tower just inked several new leases spanning 37,500 square feet to bring its occupancy rate to 92%.

The 32-story, class A office tower in Miami’s Brickell Financial District inked 13 new leases. The largest was 13,000 square foot lease renewal with Mallah Furman & Company, one of South Florida’s largest accounting firms. Seven transactions at the 280,500-square-foot office tower were renewals and/or expansions by existing tenants.