396 Alhambra Wins Former Miami Center Tenant

Dec 12, 2011 No Comments by

Richman Greer, P.A., a law firm offering a wide range of litigation and business-related legal services in Miami and West Palm Beach, has announced that it will relocate its Downtown Miami office to the 396 Alhambra office complex – a new, two-tower, 275,081 RSF mixed-use office and retail development located in the heart of the Downtown Coral Gables Business District.

The firm will occupy a total of 10,755 RSF of Class A office space in the project’s newly-developed 156,000 RSF North Tower. Financial terms of the lease were not disclosed.

“In order to manage the firm’s continued growth, and continue providing outstanding service to our local and international clients , we made the decision to move our Miami office to Coral Gables and its vibrant multinational business community,” said Manuel Garcia-Linares, Managing Shareholder, Richman Greer, P.A. “We were attracted to the top quality of the 396 Alhambra project, its LEED certification, proximity within the commercial business district as well as the economic stability of the City Beautiful, where many of our attorneys live and are already involved in the community.”

Celebrating 50 years in South Florida, Richman Greer will relocate to 396 Alhambra in Coral Gables from its current Downtown Miami office at Miami Center joining tenants such as CitiBank, N.A., international architecture firm RTKL Associates, internet company Terra Networks, and marketing/communications firm KabooKaboo.

David Valdez, Danet Linares and Andres del Corral of Blanca Commercial Real Estate represented landlord 396 Alhambra, LLC in the transaction, while David Prevé of CresaPartners represented Richman Greer, P.A.

“Richman Greer’s relocation to 396 Alhambra from a class A building in Downtown Miami is a good example of the strong appeal of the Coral Gables market,” said Danet Linares, Executive Vice President of Blanca Commercial Real Estate. “This is an ideal location for companies large and small seeking premium office space in a newly-constructed office building that is located in the center of one of South Florida’s most desirable submarkets.”

The announcement of Richman Greer’s move to 396 Alhambra’s North Tower follows the delivery of the project’s first phase, the seven-story, 87,000 RSF South Tower, which underwent a dramatic renovation and modernization, converting the 1960s-contructed building into luxury class A office space. The project’s North Tower is slated to open in the first quarter of 2012, with Richman Greer’s move scheduled for July.

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Industry News, Miami-Dade County Office, NA, Office
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