CoStar Group, Inc. is pleased to announce the winners of the 2012 CoStar Power Broker Awards! Each year, CoStar Group recognizes the top commercial real estate brokerage firms and brokers with the prestigious Power Broker Awards.As the largest professional research organization serving the commercial real estate industry, CoStar is uniquely positioned to track transactions and identify the top players across the U.S. Every year, CoStar tallies the commercial real estate sales and lease transactions that closed during the previous year then presents awards to the firms and individuals who achieved the highest volume of sales and leases in over 90 markets across the country.
Top Industrial Leasing Broker
Top Office Leasing Broker
Taylor & Mathis of Florida
Top Leasing Firm
Broward, Miami-Dade and Tampa Bay
Miami, FL –Taylor & Mathis of Florida Managing Director of Leasing, John O’Neil, has closed seven office lease deals totaling 81,786 square feet year-to-date. The value of the lease transactions exceeds $19 million.
“Tenants are taking advantage of market conditions to upgrade the quality of their space at the same or better financial terms,” stated O’Neil.
“The “tire kicking” phase is over and companies realize that lease concessions will be drying up in the next 12 to 18 months.”
Commons on Sunset
AOR Management Company of Virginia – 18,700 SF Renewal – Co-Broker: Michael Klotz – CBRE
9350 Financial Centre
Walton Lantaff Schroeder & Carson, LLP. – 17,001 SF Renewal
Gulliver Schools, Inc. – 13,395 SF New Lease – Co-Broker: Steven Hayes Wood – Colliers International
Airport Executive Tower I
The Advocate Program, Inc. – 11,972 SF New Lease –Co-Broker: Doug Campbell – Campbell Real Estate Group
Aventura Corporate Center II
South Florida Multispecialty Associates – 8,122 SF New Lease
UMG Recordings, Inc. – 8,546 SF New Lease – Co-Broker: Diana Parker – CBRE
DMX Latin America – 4,050 SF New Lease – Co-Brokers: Scott Goldstein & Keith Edelman – Jones Lang LaSalle
Quest Workspaces signed a 32,000 square foot renewal & expansion at Espirito Santo Plaza located in Miami’s Brickell Financial District. The executive suite company expanded by 13,000 square feet while renewing their existing lease of 19,000 square feet bringing the office building’s occupancy to 99%. The mixed-use property also includes the Conrad Miami Hotel and 10 floors of luxury condominiums.
“We are excited to be expanding our Brickell center at Espirito Santo Plaza. Since opening three years ago we have attracted Miami’s top companies and helped dozens of startups, but because of its popularity we have had a wait list. Adding an additional 50 offices of various sizes and configurations will allow us to accommodate all budgets and companies.” – Laura Kozelouzek, Founder and CEO, Quest Workspaces.
The Taylor & Mathis’ Miami leasing team of Brian Gale, Andrew Trench, Ryan Holtzman and Jeannette Mendoza, exclusive leasing agents for Espirito Santo Plaza, worked with co-broker Lance Benson of Newmark Grubb Knight Frank, representing Quest Workspaces, to complete the transaction.
“We are excited about the expansion of Quest Workspaces as it is a significant sign of an improving office market, “commented Taylor & Mathis’ Andrew Trench. “The additional 13,000 square feet will allow the firm to accommodate their extensive wait list for small companies seeking high profile office space.”
Quest Workspaces provides flexible and affordable workspace solutions to support companies of all sizes and stages. Quest offers move-in ready, executive office suites, virtual offices for home-based and mobile workers and conference/meeting rooms for hourly and daily rental. Quest features five, state-of-the-art executive centers throughout New York and South Florida including: the Time and Life Building in New York City, Espirito Santo Plaza in the heart of downtown Brickell, 1200 Building in Boca Raton, 2525 Ponce de Leon in Coral Gables and the 101 Tower in downtown Fort Lauderdale. For more information, please call 1.800.268.1051 or visit www.questworkspaces.com.
Taylor & Mathis Sees Uptick in Downtown Miami Leasing Activity –Foreman Friedman, PA Signs 15,000 Square Foot Renewal & Expansion at One Biscayne Tower
Foreman Friedman, PA, a full-service litigation and business law firm, has expanded the size of their offices by nearly 35%. The firm signed a 15,000 square foot renewal and expansion of their offices at One Biscayne Tower, the 700,000 square foot Class A office tower located in Downtown Miami. The transaction, an eleven year deal valued at $6 million, was negotiated on behalf of the owner by the Taylor & Mathis leasing team of Brian Gale, Andrew Trench, Ryan Holtzman and Jeannette Mendoza. The deal was cobrokered by John Marshall of CRESA Partners.
“We are definitely seeing an uptick in downtown leasing activity over the last few quarters,” said Brian Gale, Taylor & Mathis Principal and Managing Director. Taylor & Mathis has reported thirteen deals totaling 285,000 square feet in Downtown Miami & Brickell this year. Foreman Friedman is the third significant deal signed at One Biscayne Tower in recent months. The office building which offers incredible views of Biscayne Bay is one of downtown Miami’s best values for office space.
For more information, visit http://www.onebiscaynetower.com
Foreman Friedman, P.A. is a full-service litigation and business law firm servicing clients from offices in Miami and Chicago. The firm represents individuals, small businesses and some of the most widely recognized corporations in the world. Partners Jeffery Foreman and Darren Friedman were named to the 2013 “Best Lawyers in America.” For more information log on to www.fflegal.com or email firstname.lastname@example.org.
Taylor & Mathis has announced the completion of the renovations to the lobby of a 550 Biltmore. Insight Design was tasked with creating a modern lobby design for the striking pyramid-shaped landmark. The design incorporates clean, modern lines in the design and furnishings.
“550 Biltmore is a Coral Gables icon. The renovation has made this trophy building an even more desirable asset. The look and feel is much more modern and fresh, as we compete for office tenants in Coral Gables,” said Brian Gale, Taylor & Mathis Principal and Managing Director. The building is easily identified by two 12 foot bronze lions perched at the building entrance. Anchor tenants at the 163,000 square foot office building include UBS, Cartier, Christie’s, and CNL Bank.
550 Biltmore is a 14-story pyramidal landmark office building in downtown Coral Gables. The 162,293 square foot office building features a pyramid configuration, enabling most suites to feature a private balcony with conference-size terraces for larger offices. The facade is comprised of imported Italian travertine marble and black granite. A circular driveway and fountain demarks the building’s main entrance, which is flanked by two impressive bronze-cast lions.