One Biscayne Tower, the 700,000 square foot Class A office tower located in downtown Miami has reached 85% occupancy with the completion of two leases totaling 16,266 square feet, for a value of almost $6 million, announced Taylor & Mathis. Northwestern Mutual and Peretz Chesal have signed new leases. The transactions were negotiated on behalf of the owner, by the Taylor & Mathis leasing team of Brian Gale, Andrew Trench and Ryan Holtzman.
Northwestern Mutual (http://miami.nmfn.com/) signed an 11.5 year lease for 10,066 square feet, while intellectual property lawyers Peretz Chesal Herrman (www.pch-iplaw.com) signed a 7-year lease for 6,200 square feet. Both tenants are leaving Miami Center for One Biscayne Tower, in the leases co-brokered by Tim Prunka of Prunka Realty Advisors.
“One Biscayne Tower is one of the best values for office space in Downtown Miami. The location, combined with the incredible views of Biscayne Bay, really appeals to law firms and professional service companies,” said Brian Gale, Taylor & Mathis Principal and Managing Director. For more information, visit http://www.onebiscaynetower.com