{"id":22817,"date":"2019-05-31T10:09:32","date_gmt":"2019-05-31T08:09:32","guid":{"rendered":"https:\/\/www.commercialcafe.com\/blog\/?p=22817"},"modified":"2025-03-25T16:09:53","modified_gmt":"2025-03-25T13:09:53","slug":"spaces-inks-more-space","status":"publish","type":"post","link":"https:\/\/www.commercialcafe.com\/blog\/spaces-inks-more-space\/","title":{"rendered":"Spaces Inks More Space in Miami"},"content":{"rendered":"<p>Coworking company Spaces has signed a 51,064-square-foot lease in <a href=\"https:\/\/www.commercialcafe.com\/coworking-space\/us\/fl\/miami\/\" target=\"_blank\" rel=\"noopener noreferrer\">Miami<\/a>, further expanding its footprint in the region. The firm inked its new spot at 1111 Lincoln, an office, retail, and garage complex located in South Beach.<\/p>\n<div id=\"attachment_22822\" style=\"width: 326px\" class=\"wp-caption alignright\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-22822\" class=\" wp-image-22822\" src=\"https:\/\/www.commercialcafe.com\/blog\/wp-content\/uploads\/sites\/10\/1111-Lincoln-240x300.jpg\" alt=\"\" width=\"316\" height=\"395\" \/><p id=\"caption-attachment-22822\" class=\"wp-caption-text\">1111 Lincoln Road, Miami Beach. Photo courtesy of Yardi Matrix<\/p><\/div>\n<p>Designed by Swiss architectural firm Herzog &amp; de Meuron, the building is positioned at the corner of Alton and Lincoln Road. Built in 2010, the mid-rise, 7-story structure encompasses a total of 146,327 square feet, with 23,492-square-foot floor plates, according to Yardi Matrix.<\/p>\n<p>After undergoing cosmetic renovations in 2017, the building\u2019s amenities include controlled access, 300 parking spaces, and an onsite swimming pool. Other tenants at 1111 Lincoln are Sony, Adidas, Douglas Elliman, Juvia, Ted Baker, and Shake Shack. The property is now 95 percent occupied, The Real Deal reported.<\/p>\n<p>CBRE\u2019s Diana Parker and Kevin Gonzalez represented the landlord. JLL\u2019s Gavin Macphail represented Spaces in the lease negotiations, according to The Real Deal.<\/p>\n<p><em>\u201cDemand for flexible office solutions in a best-in-class asset on Miami Beach is remarkably high,\u201d <\/em>CBRE\u2019s Kevin Gonzalez said.<em> \u201cThe previous tenant occupied 45% of the building, and we were able to lease the space with no downtime between tenants.<\/em><\/p>\n<p>This is the second big lease Spaces has secured this month and the third this year. The company also signed to occupy 49,000 square feet at 801 Brickell Avenue, a 28-story office building in Miami. Spaces also inked 43,000 square feet of space in Coconut Grove earlier this year.<\/p>\n<p><em>\u201cWe\u2019ve seen consistent growth in South Florida, by established companies who are setting up Latin American hubs and startups who are expanding into a variety of new sectors,\u201d <\/em>said Michael Berretta, VP of network development of IWG.<em> \u201cAs a result, we continue to expand our presence in the region based on customer demand.\u201d<\/em><\/p>\n<p>Spaces is owned by IWG Plc, the parent company of Regus.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Coworking company Spaces has signed a 51,064-square-foot lease in Miami, further expanding its footprint in the region. The firm inked its new spot at 1111 Lincoln, an office, retail, and garage complex located in South Beach. Designed by Swiss architectural firm Herzog &amp; de Meuron, the building is positioned at the corner of Alton and&hellip;<\/p>\n","protected":false},"author":59,"featured_media":22818,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[37,2256],"tags":[],"class_list":["post-22817","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-commercial-real-estate-news","category-coworking","wpautop"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Spaces Inks More Space in Miami - CommercialCafe<\/title>\n<meta name=\"description\" content=\"Coworking company Spaces has signed a 51,064-square-foot lease in Miami, further expanding its footprint in the region.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialcafe.com\/blog\/spaces-inks-more-space\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Spaces Inks More Space in Miami\" \/>\n<meta property=\"og:description\" content=\"Coworking company Spaces has signed a 51,064-square-foot lease in Miami, further expanding its footprint in the region.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialcafe.com\/blog\/spaces-inks-more-space\/\" \/>\n<meta property=\"og:site_name\" content=\"CommercialCafe\" \/>\n<meta property=\"article:published_time\" content=\"2019-05-31T08:09:32+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-03-25T13:09:53+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialcafe.com\/blog\/wp-content\/uploads\/sites\/10\/shutterstock_469708088_Featured-image.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"500\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Robert Demeter\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Robert Demeter\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialcafe.com\/blog\/spaces-inks-more-space\/\",\"url\":\"https:\/\/www.commercialcafe.com\/blog\/spaces-inks-more-space\/\",\"name\":\"Spaces Inks More Space in Miami - 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