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Miami’s Citigroup Center Leasing Activity Reveals a Hankering for Spec Suites
Citigroup Center, a 34-story tower in Downtown Miami and the second-largest Class A office building in the state of Florida according to JLL, has absorbed nearly 28,000 square feet new leases of spec office suites to eight tenants.
Steven Hurwitz, Doug Okun and Madeline Fine of JLL represented the landlord, Atlanta-based commercial real estate and management firm CP Group, in each transaction with:
- Resource Systems Group, Inc., a management consulting company, 2,891 square feet
- Max Borges Agency, a consumer tech and lifestyle brand PR firm, 2,819 square feet
- Plus International Bank, a service oriented bank, 5,736 square feet
- Andbanc, a private banking company, 6,680 square feet
- Olio, 3,885 square feet
- Banco General, a private banking company, 2,160 square feet
Face Capital Advisors, a financial advisory firm, and Alubar Metals also signed lease extensions for their 1,148 square feet and 2,007 square feet spec suites respectively.
“The success of and demand for Citigroup Center’s move-in ready suites speak volumes to the office market shift post-pandemic,” said Hurwitz. “This leasing momentum demonstrates how companies are folding nimble, thoughtfully designed and ideally located office spaces into their long-term business strategies. Providing inspiring workplaces with accompanying world-class amenities is non-negotiable for attracting and retaining the best talent.”
The 810,000-square-foot Citigroup Center is located on the corner of Biscayne Boulevard and Southeast 2nd Street and is interconnected to the InterContinental Hotel. It has unobstructed views of Biscayne Bay, access to the adjacent Bayfront Park, and hospitality-focused amenities and service services.
- ◦Lease