Miami International Securities Exchange (MIAX) will be moving into a 38,409-square-foot office at 545wyn in Miami’s Wynwood Arts District. The lease — which will cover a full floor in the newly built, 10-story building — was confirmed by Juan Ruiz, vice chairman of Blanca Commercial Real Estate, who negotiated the deal on behalf of landlord and developer, Sterling Bay. The 270,000 square feet of office space at 545wyn is now 82% leased.
The 499,370-square-foot property was completed in 2021 and currently holds the title of the largest office building in Wynwood. Chicago-based Sterling Bay secured $135 million in refinancing from Blackstone after completing the building’s development.
Located at 545 NW 26th St., the property faces I-95 and features 13,000 square feet of open-air balconies; indoor and outdoor lounge areas; a fitness center; an 8,000-square-foot park; and on-site parking.
Other tenants at 545wyn include Gensler, Slalom Consulting, Actuate Law, medical equipment manufacturer Neocis and Love Life Café on the ground floor. The roster will expand further still with the addition of Sony — which signed a lease for 44,742 square feet of Miami office space — as well as global financial service provider PwC, which is set to occupy 38,409 square feet of hybrid working space for the company’s 1,000 south Florida employees.
MIAX has more than a decade of experience in the global exchange for equities, equity options and commodities market. As such, it had already occupied a company office on the 11th floor of the 1450 Brickell Ave. office tower in Miami prior to the completion of the lease deal for 545wyn.
Miami International Holdings has also announced plans to launch a new exchange platform called MIAX Sapphire, which will be based in Miami. It’s expected to launch in the second quarter of 2024.
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