MIAMI—Downtown Miami's office market is seeing vacancy decrease, thanks to deals like this one. One of Miami's largest law firms has inked the largest office deal in the City's Central Business district this year.

Stearns Weaver Miller Weissler Alhadeff & Sitterson is expanding its office space to include 110,000 square feet at Museum Tower, a class A building at 150 West Flagler Street. Financial terms were not disclosed.

“After evaluating buildings in Miami's urban core, we decided that expanding and upgrading our current space at Museum Tower was the best long-term move for our firm,” says Stearns shareholder and managing director Rick Schatz. “The physical and technological improvements we've made over the years, coupled with our Flagler Street location and proximity to the courthouse, puts us in position to remain efficient while serving our clients.”

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.