Starwood Property Trust's new Miami Beach headquarters has been topped off, the latest sign South Florida is a strong options for financial companies.

Starwood moved its headquarters in 2018 from Connecticut to South Beach, where it took over a building at Washington Avenue and 16th Street. Its new six-story headquarters at 2340 Collins Ave. is due to be completed late next year.

The 144,430-square-foot building will include 8,000 square feet of ground-floor retail and a 277-space garage. This is the first Class A office building to be built in Miami Beach in at least a decade.

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Lidia Dinkova

Lidia Dinkova covers South Florida real estate for the Daily Business Review. Contact her at [email protected] or 305-347-6665. On Twitter @LidiaDinkova.