4th Largest Office Lease This Year Signed In Miami’s CBD

Nov 25, 2013 No Comments by

Southeast Financial Center announced today that global law firm White & Case LLP has signed a long-term lease renewal for 57,954 square feet, representing three full floors of office space within the building and the fourth largest lease signed to date in Miami’s CBD for 2013.

One of the building’s long-standing tenants, White & Case established its Miami office more than 25 years ago and today serves clients based in Florida, throughout the United States and worldwide, with a particular emphasis on the Latin American market. Practice specialties include advising multinational corporations, financial institutions and intermediaries and governmental entities in complex domestic and cross-border corporate and financial transactions and dispute resolution proceedings.

“The Firm decided to establish a presence in the Southeast Financial Center in 1987 because it was the premier address in South Florida and offered our Firm and clients the very best in amenities,” said Christian Hansen, Office Executive Partner of White & Case in Miami. “We continue to believe this is the case and thank the building’s owners and management for their productive and proactive approach to our negotiations and for helping to ensure that we will be able to continue to provide a 21st century work environment for our clients, as well as our partners, associates and staff.”

According to Jones Lang LaSalle, active demand for Miami office space to lease by tenants currently touring the market is 1.79 million square feet, with law firms demanding the most total square footage at roughly 376,000. Within this sector, technological advancements and generational factors are influencing real estate requirements. In line with this growing trend, White & Case is currently in the design phase for a more efficient floor plan and a state-of-the-art legal environment as part of its renewal.

“White & Case is an example of how Southeast Financial Center continues to attract and retain the highest caliber tenants through its ability to respond to the growing desire to blend efficient design with professional service needs,” said Donald Cartwright, Senior Vice President at with Jones Lang LaSalle. Mr. Cartwright and Vice President Nicole Vassilaros with Jones Lang LaSalle are the exclusive leasing agents for Southeast Financial Center. “In recent years, new buildings have come online in Miami’s CBD which attracted some companies to have a ‘flight for new’ mentality. However, Southeast Financial Center’s advanced design and floor plan elements allow for current space efficiencies to always be met, making it one of the most flexible and sought after locations.”

 

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