He adds, “Brickell is the preeminent live, work, play neighborhood in Miami and, along with Parkway's progressive vision and the building's premier location, this is the perfect destination for our members to continue to thrive.”

Industrious has been expanding rapidly of late. In 2018, it expanded its presence in a host of major markets, including New York City, the Washington, DC area, Arizona, Boston and Chicago to name a few.

Parkway and joint venture partner KKR acquired 1111 Brickell last June. A published report in the Real Deal stated the transaction was valued at approximately $250 million.

Industrious was represented in the lease transaction by CBRE's Zach Wendelin and Will Portfolio. 1111 Brickell, known as Sabadell Financial Center, was represented by John Guitar and Phil Marchese of Blanca Commercial Real Estate, the building's exclusive leasing agent.

CBRE's Portfolio says that Industrious engaged in an extensive site selection process in South Florida that spanned the tri-county area before it decided that the Brickell area and subsequently the 1111 Brickell tower aligned with its objectives for the first Industrious location in South Florida.

“The opportunity at 1111 Brickell stretches beyond the typical landlord/ tenant relationship; it is a collaboration to enhance the tenant experience and amenities at the building. This will undoubtedly be Industrious' flagship South Florida location, and we are honored to have played a role in this initiative, Portfolio, who is a senior associate at CBRE, adds.