Citigroup Center Signs 46,000 SF of Lease Agreements
The deals include seven existing and new firms.
Citigroup Center is keeping and welcoming a series of tenants to its building thanks to the landlord striking roughly 46,000 square feet of lease agreements.
The 34-story 810,000 square feet tower has kept four existing companies in addition to bringing in three new ones.
The largest occupancy came from a new tenant, classified as a “large full service law firm,” which signed a lease to take up 18,781 square feet of office space, according to Citigroup. The other new leases came from fellow law firm Rottenstreich Farley Bronstein Fisher Potter Hodas LLP (6,862-square-foot spec suite), and seafood company Pescanova (2,513-square-foot spec suite).
The lease renewals included Olios Health (2,334-square-foot spec suite), the Bank of Nova Scotia (3,256 square feet of office space), Italian cafe Gualt’s (644 square feet of space for retail), and a government agency (11,296 square feet of office space).
The tower includes amenities such as a 9,000-square-foot conference center, ATM, valet parking, tenant experience app, hotel fitness center and spa, outdoor space for meetings and events, dining options, discounts to Intercontinental perks, and a rooftop bar.
Plus, under Citigroup’s capital improvement project, it recently renovated the lobby to include a cafe, longe setting and spec suites. Plus, it added an executive valet program. Additionally, Cactus Club Cafe is planning on opening a restaurant on the property with indoor and outdoor restaurants, spanning 10,000 square feet.
The tower is located close nearby to South Beach, Miami International Airport, and Brightline’s Miami Central Station. Plus, various entertainment and eateries are within walking distance of the property.
“The leasing activity at Citigroup Center underscores Downtown Miami’s appeal as a dynamic office market,” said Steven Hurwitz, managing direct and South Florida agency lead of JLL, which advised the landlord of the property for the leasing.
“Our diverse tenant roster, from local businesses to global entities, is attributed to the exceptional response we have received to the building’s newly completed renovations and its appeal to varying types of office users, including the demand for turnkey, premier move-in-ready spec suites. Flexible office solutions in high-caliber trophy towers are essential for attracting and retaining top talent.”
Also, JLL’s Doug Okun, and Madeline Fine, helped with the sales.