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Iconic Miami Tower Lands Two New Tenants

| Commercial Real Estate News, Leasing, Office| Views: 127


The iconic 47-story Miami Tower in downtown Miami, Fla., has recently added two new tenants to its roster.

100 SE 2Nd Street, Miami (Yardi Matrix)

BDO USA, a branch of global accounting network BDO International, has recently signed a long-term, 22,386-square-foot lease on the 17th floor of the building. The company plans to use that space to consolidate its Brickell and Coral Gables offices under one roof.

The second tenant to join the Miami Tower roster is Chartwell Law. The national law firm has signed a 9,500-square-foot lease and is set to move its current corporate base from the Southeast Financial Center to the new office.

“Both transactions were complex in that timing for lease negotiations was paramount and each deal hinged on a vacating tenant releasing its space. We expeditiously worked with all parties to create a mutually beneficial outcome for both tenants and the landlord, eliminating downtime and vacancy of a full floor in the process,” Christopher Dubberly, vice president at Transwestern, which manages the property, said in a statement.

The landmark office skyscraper features a robust tenant roster consisting of 40 companies. The tower is especially popular among law firms, housing over 15 companies active in various fields of the legal industry, Yardi Matrix data reveals. Tenants include the Miami Office Districts, the American Arbitration Association, the Miami Super Bowl Host Committee, and the Florida Justice Institute.

A fixture on Miami’s skyline, the high-rise at 100 South East 2nd St. is the eighth-tallest building in the city. Built in 1987, the 619,093-square-foot Class A+ skyscraper was completely renovated in 2012 and features a conference facility, a fitness center, a lounge, and a rooftop terrace. According to Yardi Matrix, the tower includes 20,000 square feet of first-floor retail, while the office space spreads across floors 11 through 47. The first 10 floors are occupied by a separately owned, separately operated parking garage; the building also includes 619 independently owned parking spaces.

Strategically located in the heart of the city, Miami Tower provides easy access to six public transportation stations, including an on-site Metromover station, and is conveniently located nearby many restaurants and hotels. Over the years, the building bore various name

s, such as the CenTrust Tower, the NationsBank Tower, the TotalBank Tower, and the Bank of America Tower at International Place.

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