One Biscayne Tower Views Drive 75,000+ SF of Renewals & Expansions

One Biscayne Tower - Exterior - Side ShotLaw firm renewals & expansions are driving recent leasing activity at One Biscayne Tower, a building that has seen over 100,000 square feet of leasing this year.  Three law firms have signed renewals and expansions totaling nearly 55,000 square feet with an additional 21,000 square foot renewal & expansion signed by French container transportation and shipping company CMA CGM.  Brian Gale and Ryan Holtzman of Taylor & Mathis brokered the four deals valued at $42 million, on behalf of the building owner.

The largest of these transactions is the 10 year renewal by statewide law firm, Broad & Cassel. The firm renewed their lease of 26,000 square feet on the 21st floor.  Even though many buildings tried courting them, their views from One Biscayne Tower couldn’t be beat.  The deal was co-brokered by Richard Linevsky of NAI Miami.

“Broad & Cassel was one of the first new tenants we brought to the building over 10 years ago,” said Taylor & Mathis Principal Brian Gale.  “We were hired to lease One Biscayne Tower as new buildings were being built which were poaching tenants from existing buildings. When we first signed Broad & Cassel it really helped solidify the building’s image, which turned around the leasing momentum. From there we signed several more law firm leases. Ten years later, we are renewing those same tenants. These renewals are testaments to the quality of the building, its ownership and of course those panoramic and unobstructed views of Biscayne Bay.”

One Biscayne View-2x11

 

The views were also key in securing the CMA CGM renewal and expansion. The world’s third largest container company has space overlooking the Port of Miami. “They can actually see their cargo ships, with their products and crates from their offices,” said Gale. With an expansion of 7,000 square feet, the firm now leases 21,000 square feet at One Biscayne Tower. The deal was co-brokered by Chris Coots and Didier Choukroun of Flagler Investment Property Group.

Jackson Lewis, one of the country’s preeminent workplace law firms, signed a 22,800 square foot renewal and expansion. The deal includes a 4,300 square foot expansion to their 18,500 square foot offices on the 35th floor. The deal was co-brokered by Chris Coots of Flagler Investment Property Group.

The law firm of Pathman Lewis, LLP renewed their lease of 10,200 square feet. The deal was co-brokered by Barbara Liberatore and Matt Cheezem of CRESA.

Earlier this year Synergy Workspaces entered the Miami market leasing 26,144 square feet, a full floor, at the building.

“One Biscayne Tower has strong Ownership, efficient floor plates with terrific window line and incredible views” said Taylor & Mathis Leasing Director Ryan Holtzman.  “With Bayfront Park located directory to the east, One Biscayne has endless ocean views that will never be obstructed. Our tenants love the fact that they are within walking distance to some of the best restaurants and hotels in the City in the fastest growing area in Miami.”

One Biscayne Tower underwent renovations to the common areas last year with the vacant spaces and tenant corridors getting all new build outs with new common area finishes and lighting.  “It looks like the interior of a brand new building,” stated Brian Gale, Taylor & Mathis Principal. One Biscayne Tower also received Gold LEED certification in 2014. During the LEED Gold certification process more than 83,000 square feet in lease transactions were completed.  Tenants include FTI Consulting, Inc., Northwestern Mutual, Sedgwick, LLP, Harvard Maintenance, Grass Roots America, Veritext, LLC, Foreman Friedman, ADD Inc., Young Bill Roumbus & Boles, PA, Flagler Investment, Marcus Neiman & Rashbaum, CellMark Pulp & Paper.

One Biscayne Tower is centered in the heart of Miami’s dynamic business district and is within walking distance of courthouses, hotels, restaurants, high-end retailers and overlooks beautiful Biscayne Bay and Bayfront Park. The building has won five Office Building of the Year (TOBY) Awards from the Building Owners & Managers Association (BOMA). For more information, visit www.onebiscaynetower.com

Synergy Workspaces Opens First Location at One Biscayne Tower

image001Synergy Workspaces, a new, upscale premier business center, is coming to downtown Miami leasing the entire 32nd floor (26,144 square feet) at One Biscayne Tower on Biscayne Blvd. The first of several Synergy Workspaces planned for South Florida celebrated its grand opening April 30th. The newly formed company is owned and operated by the Grant family who has been operating business centers in New York since 1998.

The transaction, a 14 year deal valued over $13.5 million, was negotiated on behalf of the building owner by Brian Gale and Ryan Holtzman of Taylor & Mathis.  The deal was co-brokered by Carlos Rosero of Green Point Partners who will lead the Synergy sales team.

“We are very enthusiastic about entering the Miami shared workspace market and servicing our members with the tools they need to succeed. We are very impressed with the growth of the Miami commercial real estate market and look forward to participating in the success of this great city.” Ron Grant.

Synergy provides companies, including startups, with the space, infrastructure, and support staff they need to operate their businesses with very little startup costs. The business center boasts 6 conference rooms with state of the art technology, a shared reception area, a dining café, and expansive common areas for members to collaborate. The center also offers over 100 furnished private suites with modern office finishes. The private suites are offered in many different sizes and configurations to meet the needs and the budgets of businesses of any size. They support a variety of industries including financial, legal and technology industry among others. Their clients will include national and international firms, which require local satellite offices, companies whom require short-term space, startups, and many others. The center also offers an uninterrupted power source to ensure that computer systems that should not go down won’t go down, in the event of any interruption of power. The space features panoramic and unobstructed views of Biscayne Bay as well as Brickell, Miami Beach, and the rest of the Miami Skyline.  www.synergyworkspaces.com

One Biscayne Tower underwent renovations to the common areas last year with the vacant spaces and tenant corridors getting all new build outs with new common area finishes and lighting.  “It looks like brand new space,” stated Brian Gale, Taylor & Mathis Principal and Managing Director. One Biscayne Tower also received Gold LEED certification in 2014. During the LEED Gold certification process more than 83,000 square feet in lease transactions were completed.  Tenants include FTI Consulting, Inc., Northwestern Mutual, Sedgwick, LLP, Harvard Maintenance, Grass Roots America, Veritext, LLC, Foreman Friedman, ADD Inc., Young Bill Roumbus & Boles, PA, Flagler Investment, Marcus Neiman & Rashbaum, CellMark Pulp & Paper.

FTI Consulting Leases 17,000 SF at One Biscayne Tower

Global Advisory Firm Relocates to One Biscayne Tower

One Biscayne Tower - Exterior - Metrorail Night ShotFTI Consulting, Inc. (NYSE: FCN), a global business advisory firm, has moved from Miami Center to One Biscayne tower leasing 17,000 square feet at the 39-story, 700,000 square foot Class A office tower located in Downtown Miami. The transaction was negotiated on behalf of the owner by Brian Gale and Ryan Holtzman of Taylor & Mathis.  The tenant was represented by Tony Jones of Cushman & Wakefield.

“The office market is on fire and leasing velocity at One Biscayne is still picking up steam,” according to Ryan Holtzman, Taylor & Mathis Leasing Director.  “We completed over 110,000 square feet of deals in 2013 and we were close to surpassing those numbers in 2014.” The office building which offers incredible views of Biscayne Bay is one of downtown Miami’s best values for office space.

One Biscayne Tower recently underwent renovations to the common areas with the vacant spaces and tenant corridors getting all new build outs with new common area finishes and lighting.  “It looks like brand new space,” stated Brian Gale, Taylor & Mathis Principal and Managing Director. One Biscayne Tower also received Gold LEED certification in 2014. During the  LEED Gold certification process more than 83,000 square feet in lease transactions were completed.  Tenants include Northwestern Mutual, Sedgwick, LLP, Harvard Maintenance, Grass Roots America, Veritext, LLC, Foreman Friedman, ADD Inc., Young Bill Roumbus & Boles, PA, Flagler Investment, Marcus Neiman & Rashbaum, CellMark Pulp & Paper.

FTI Consulting, Inc. is a global business advisory firm dedicated to helping organizations protect and enhance enterprise value in an increasingly complex legal, regulatory and economic environment. With more than 4,200 employees located in 26 countries, FTI Consulting professionals work closely with clients to anticipate, illuminate and overcome complex business challenges in areas such as investigations, litigation, mergers and acquisitions, regulatory issues, reputation management, strategic communications and restructuring. The Company generated $1.65 billion in revenues during fiscal year 2013. For more information, visit www.fticonsulting.com

One Biscayne Tower is centered in the heart of Miami’s dynamic business district and is within walking distance of courthouses, hotels, restaurants, high-end retailers and overlooks beautiful Biscayne Bay and Bayfront Park. The building has won five Office Building of the Year (TOBY) Awards from the Building Owners & Managers Association (BOMA). For more information, visit www.onebiscaynetower.com

Suffolk Construction to Move to One Biscayne Tower

One Biscayne Tower Exterior - Street ShotTaylor & Mathis of Florida has signed Suffolk Construction to a lease at Miami’s One Biscayne Tower.  Suffolk Construction is relocating from the airport submarket and expanding their offices into nearly 15,000 square feet downtown.

“Suffolk is excited to expand into a larger and more collaborative space in Miami. Not only are the views phenomenal, but the central location of One Biscayne Tower will allow us to better serve our clients and partners in the area,” stated Suffolk’s Vice President of Miami operations John Planz.

The Suffolk deal was negotiated by Taylor & Mathis’ Ryan Holtzman representing the owner and co-broker Lance Benson of Newmark Grubb Knight Frank representing the tenant.  One of the largest privately-held building contractors in the country, Suffolk’s Southeast Region has been headquartered in South Florida for 20 years.  The Southeast Region office has experienced tremendous growth in the past 18 months, adding over 100 new leadership and staff positions.  It is currently managing construction of Met3, Jade Signature, Sinai Residences, and The Jewel of Sarasota. Planz will oversee the Miami Worldcenter and the All Aboard Florida Miami Terminal.http://www.suffolk.com

“The leasing momentum we are seeing downtown and in particular at One Biscayne Tower is unprecedented in recent times,” according to Holtzman.  “We are thrilled to add another top notch firm to our tenant roster with even more on the way.”

Earlier this year One Biscayne Tower received Gold LEED certification by the Leadership in Energy and Environment Design (LEED) Green Building Rating System.  The building’s energy conservation program including comprehensive lighting and HVAC systems retrofits as well as water efficiency measures has resulted in utility energy savings of over 26%. “Energy conservation is a key component in attracting and retaining tenants,” stated Brian Gale, Taylor & Mathis Principal and Managing Director who leases the building on behalf the owner. During One Biscayne Tower’s LEED Gold certification process more than 83,000 square feet in lease transactions were completed.  Tenants include Northwestern Mutual, Sedgwick, LLP, Harvard Maintenance, Grass Roots America, Veritext, LLC, Foreman Friedman, ADD Inc., Young Bill Roumbus & Boles, PA, Flagler Investment, Marcus Neiman & Rashbaum, CellMark Pulp & Paper.

One Biscayne Tower is centered in the heart of Miami’s dynamic business district and is within walking distance of courthouses, hotels, restaurants, high-end retailers and overlooks beautiful Biscayne Bay and Bayfront Park. The building has won five Office Building of the Year (TOBY) Awards from the Building Owners & Managers Association (BOMA). For more information, visit www.onebiscaynetower.com

Grass Roots America to Move to One Biscayne Tower

Performance improvement company, Grass Roots America is relocating to One Biscayne Tower in downtown Miami from offices in South Beach. The firm leased 11,000 square feet in a 10 year, $4 million deal at the downtown office tower.

One Biscayne Tower - Exterior - Side ShotGrass Roots America is part of a trend for companies upgrading their office space and/or location. “Downtown has a buzz to it right now,” said Andrew Trench, Taylor & Mathis Leasing Director, who brokered the transaction. “Companies are attracted to the artsy feel of the district with the Gusman Center for the Performing Arts and the Miami Art Museum sites nearby. Grass Roots wanted the live, work, play environment of One Biscayne Tower for their new offices which will have a modern and cool, funky vibe.” The building’s large, efficient floor plates were also a selling point. The deal was co-broker by Keith Darby of Rise Realty.

Founded in 1980, Grass Roots is an international performance improvement company. With 27 offices in 17 countries, Grass Roots partners with companies to reward, incentivize, and inspire the people with whom they work. They provide clients with guidance on with reward selection, customer service, local legislation and tax, fulfillment, business practices and culture. Grass Roots currently services more than 60 percent of the top 100 global brands, and counts among its customers BMW, VMware, Barclays Bank, Maxim and Halliburton. For more information, visit www.grassrootsamerica.com

Grass Roots America is the sixth significant deal at One Biscayne Tower in recent months several of which were law firms. One Biscayne Tower has the largest percentage of law firms in downtown and has seen a surge of leasing this year due to its proximity to the courthouse and other government offices as well as the building’s efficient floor plates and spectacular views. Taylor & Mathis has secured over 74,000 square feet of leasing at the 700,000 square foot Class A office tower this year. Leases have included Sedgwick LLP (15,000 square feet), Veritext Legal Solutions (12,000 square feet), Northwestern Mutual (10,066 square feet), Peretz Chesal Herrman (6,200 square feet), Young, Bill, Roumbos & Boles, P.A. (5,000 square feet) and the 15,000 square foot renewal and expansion of Foreman Friedman. 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

Taylor & Mathis Signs 2 More Firms to Leases at One Biscayne Tower

One Biscayne Tower - Exterior - Side ShotSedgwick Law Firm & Veritext Legal Solutions to Move to Downtown Office Tower

Miami, FL  – Law Firm Sedgwick LLP and Veritext Legal Solutions will move to One Biscayne Tower in downtown Miami signing leases for 15,000 and 12,000 square feet respectively, announced Taylor & Mathis Leasing Director Ryan Holtzman.  The two, 10-year leases have a combined value of $9 million. Cobroker Catarina Jimenez of Jones Lang LaSalle represented Sedgwick in their office space search with Veritext represented by Ryan Ackerman of CBRE.

“Our new offices at One Biscayne Tower are in the heart of downtown Miami, which has become an international hub for business with Latin America,” said Sedgwick Miami partner Ramón Abadin.  “The space’s location and expansive views of the horizon exemplify our focus on client service to our local, regional, national and international clients who we serve in Florida.”  One Biscayne Tower will be the headquarters for the firm’s Miami office which was established earlier this year to become the firm’s 16th office worldwide and its second in South Florida.  The law firm has an existing office in Ft. Lauderdale.

Also moving to the building is Veritext Legal Solutions, a deposition and litigation support firm. “We have experienced outstanding growth in the South Florida market, and so we needed to upgrade and increase the size of our Miami office,” stated Chief Financial Officer Richard Antoneck. “The facilities at One Biscayne Tower will include state-of-the-art conference rooms and deposition suites, complete with all the enhanced technology and amenities Veritext clients have come to expect and enjoy.” The firm has five South Florida offices.

These two deals are the fourth and fifth significant deals at One Biscayne Tower in recent months. Taylor & Mathis has secured over 63,000 square feet of leasing at the 700,000 square foot Class A office tower this year.  Leases have included Northwestern Mutual (10,066 square feet), Peretz Chesal Herrman (6,200 square feet), Young, Bill, Roumbos & Boles, P.A. (5,000 square feet) and the 15,000 square foot renewal and expansion of Foreman Friedman. 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 Expands Offices at One Biscayne Tower

Taylor & Mathis Sees Uptick in Downtown Miami Leasing Activity –Foreman Friedman, PA Signs 15,000 Square Foot Renewal & Expansion at One Biscayne Tower

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 info@fflegal.com.

Two New Tenants at One Biscayne Tower Miami

One Biscayne Tower 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

Foley & Lardner Signs Early Renewal & Expansion at One Biscayne Tower

Foley & Lardner LLP, one of Miami’s most prominent law firms has signed One Biscayne Tower’s largest lease this year. One Biscayne Tower is located in downtown Miami. Brian Gale, principal with Taylor & Mathis of Florida negotiated the 36,531 square foot lease transaction on behalf of building owner L&B Institutional Fund.

This lease constitutes an early renewal of 25,480 square feet plus an 11,051 square foot expansion. Broker Scott Strickland of Jones Lang LaSalle represented Foley in the 10 year, $15 million transaction.

“Foley & Lardner is a well-respected, national law firm and we are thrilled with their continued expansion in Miami and specifically at One Biscayne Tower,” states Gale. “This deal brings the building occupancy to 86%.”

About Foley & Lardner LLP
With approximately 900 attorneys in 21 offices, Foley & Lardner LLP provides award-winning business and legal insight to clients across the country and around the world. Their team-based approach, innovative technology, and focus on value and client service are continually recognized by clients and the legal industry. In a recent survey* of Fortune 1000 corporate counsel, Foley received a top five ranking out of more than 300 firms for delivering exceptional client service. In addition, Foley received 19 national first-tier rankings on the 2011 – 2012 U.S. News – Best Lawyers® “Best Law Firms” list, and CIO magazine recognized Foley for technological innovation that enhances business value by naming the firm to its prestigious CIO-100 list in 2011.

About Taylor & Mathis
Taylor & Mathis is a diversified real estate company specializing in the development, marketing and management of office buildings, suburban office parks, industrial parks and mixed-use projects. In Florida the company leases and/or manages a portfolio over 11 million square feet. Founded in 1967, the company has developed properties exceeding $1.9 billion in value and has established itself as one of the most respected regional real estate firms in the United States. Based in Atlanta, with offices in Miami, Tampa and Sunrise, Taylor & Mathis concentrates its business activity in primary growth markets in the southeastern United States.