Brickell Bay Office Tower transacts leases for 107,770 rsf during 2011

Brickell Bay Office Tower

Brickell Bay Office Tower, a 32-story, class A office tower located in Miami’s Brickell Financial District, completed lease transactions totaling 107,770 rentable square feet (rsf) of space in 2011. In all, 22 leases were finalized at the 280,500 square foot office tower, with 11 leases representing renewals and/or expansions by existing tenants.

The completed leases bring Brickell Bay Office Tower’s total office occupancy to 91 percent, well above the Downtown Miami/Brickell market average of 78 percent. Other tenants in the building include certified public accounting firms Mallah Furman & Company and Morrison Brown Argiz & Farra PA, and global insurance giant Aon Group whose 38,000-square-foot lease renewal at the tower marked 2011’s second largest lease transaction completed in the Brickell office market.

“Brickell Bay Office Tower has solidified its position as one of Miami’s elite class A office buildings,” said Christian Driussi, vice president for Brickell Bay Office Tower. “We attribute this success to strong ownership, a stable tenant base, an ideal location, and continued improvements to the tower’s work environment. These factors continue to attract new-to-market users and keep us in strong position headed into the new year.”

Brickell Bay Office Tower’s 2011 transactions included a healthy mix of major corporate users, local and entrepreneurial firms, multinational companies and new-to-market tenants, including: Aon Group, Vector Global Wealth Management, British, First United Bank, Cantor & Webb PA, Bancard Financial Services LLC, Amicorp Services Ltd., Meketa Investment Group, CFC Transactions Inc., Simon & Bocksch, Tenzer & Moll PLLC, Lustrous Metals, Lot Ocean Transport Inc., Au Bon Pain, Platinum Wealth Partners Inc., Camper & Nicholsons USA Inc., Thompson Bergés PA, Silverleaf Advisors LLC, Behavior Changers, Halit Akcaglayan, Forever Young South Florida and Cobaltum Partners.

Brickell Bay Office Tower’s lease activity in 2011 coincides with a $2.5 million capital improvements initiative that includes upgrades to the building’s corridors, common areas, as well as the modernization of the tower’s elevator system.

Located at 1001 Brickell Bay Dr., in the heart of Miami’s Brickell Financial District and directly overlooking Biscayne Bay, Brickell Bay Office Tower offers wide-open floor plates ranging from 10,896 to 18,622 square feet, making the building an ideal leasing option for firms seeking premium quality in a mid-sized property. Amenities include an on-site bank, an Au Bon Pain Café, covered parking with above-market availability, a car wash service, and 24-hour manned security.

Learn more on the building’s website at <www.1001brickellbay.com>, or by calling the leasing team at 305-536-1001.

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