100,000 Sq Ft Year-to-Date Leasing Brings Miami’s Espirito Santo Plaza to 100% Occupied

Espirito NightWith 100,000 square feet of leases this year Taylor & Mathis of Florida has brought Espirito Santo Plaza to 100% occupancy. The firm reported two new leases this month.  Anchor tenant, Fowler White Burnett, P.A. renewed their lease while Jernigan Capital LLC will move into the market signing a 2,500 square feet lease. Last month Taylor & Mathis reported a 32,000 square foot renewal & expansion by Quest Workspaces.

“The ultimate goal for a broker is to bring a building to 100% occupancy,” commented Taylor & Mathis Leasing Director Andrew Trench. “Given the flux in the market it doesn’t happen often.  It’s the equivalent to that hole in one in golf.  It is certainly easier when working with a building that has a Brickell Avenue location, exceptional management and amenities like the on-site Conrad Hotel.”

The Taylor & Mathis Miami leasing team, exclusive leasing agents for Espirito Santo Plaza, worked with co-brokers Matthew Cheezem and Matthew Goodman of Cresa to complete the Fowler White Burnett lease.  Taylor & Mathis’ Andrew Trench negotiated the Jernigan Capital deal.

Tenant renewals are key to a building’s occupancy. With a 70 year history, Fowler White Burnett is Miami’s second oldest law firm and has been an anchor tenant at Espirito Santo Plaza since the building opened in 2004.

“We are proud to announce that we are renewing our lease at Espirito Santo Plaza,” stated Fowler White Burnett Managing Shareholder, Richard Wood.  “The building is always kept in true Class “A” condition, the management is very responsive and easy to work with, and the amenities within the property make it one of a kind.  This building has been our home since its original construction, and we are excited to continue here.”

Espirito Santo Plaza is a 36-story mixed-use glass tower with 260,000 square feet of Class A office space and an attached 12-story parking garage. It is also home to The Conrad Miami, Hilton Hotel’s luxury brand, which features 203 guest rooms, a ballroom and meeting facilities and specialty retail/restaurant space. The top floors of the property consist of a health club and 116 luxury condominium residences overlooking an eleven story atrium. Located on a full city block fronting at 1395 Brickell Avenue, in the heart of Miami’s international financial market, Espirito Santo is recognizable by a dramatic 36 story concave arc symbolizing the gateway to Latin America.  http://espiritosantoplaza.com/