MIAMI—The iconic 550 Biltmore has attracted the US headquarters of Heinemann Americas, one of the largest duty-free companies in the world. Heinemann is taking down 8,300 square feet at the AEW-owned Coral Gables office building.

Taylor & Mathis' Brian Gale and Ryan Holtzman negotiated the transactions on behalf of owner AEW. Wolfgang Hertz and Natalie Duran of Fortune International Realty represented Heinemann.

“The tenant loved all of the renovations, which were recently completed in the building,” says Holtzman. “They wanted to be in a building in Coral Gables with quality ownership. However, it was one of the more unique amenities in the building that actually sealed the deal—the 1,000 square foot balconies, with views of the city were the key in making the deal.”