MIAMI – December 4, 2019 – CBRE has been selected by The Related Group to sell its 35,341-sq.-ft. corporate headquarters at One Miami. Located at 315 Biscayne Blvd., the four-story building consists of 9,243 sq. ft. of restaurant space, occupied by Wolfgang’s Steakhouse, and 26,098 sq. ft. of office space, currently available for lease. Related Group presently occupies the office space at the building and will vacate by the end of the fourth quarter of 2020.
CBRE’s Christian Lee and Jose Lobón are spearheading the sale efforts, while Maggie Kurtz and Kevin Gonzalez are leading office leasing.
“This is a unique opportunity for an investor looking to cement their presence in Miami,” said Christian Lee, Vice Chairman at CBRE. “This waterfront landmark location commands panoramic views of Biscayne Bay, the Port of Miami, Brickell Avenue, Key Biscayne, and South Beach. The property has the best branding opportunity in downtown Miami right now and is ideal for a headquarters location.”
The 26,098 sq. ft. of office space available for lease are located on the equally-sized third and fourth floor of the building. It features hurricane-impact glass windows throughout, a full backup generator & UPS system, floor to ceiling windows with highly sought-after dramatic water views plus a garage parking at an unsurpassed Downtown ratio of 4:1,000.
“In developing One Miami, we quickly understood how special this property was - being on the water in Downtown, neighboring Brickell and just a quick trip to hotspots like Coconut Grove, Wynwood and the Design District,” said Matt Allen, EVP and Chief Operating Officer of The Related Group. “Since then, the area has blossomed and really come into its own, and while this has been our home for many years, we are excited to pass the torch.”
Built in 2005 by designer Arquitectonica, the waterfront One Miami complex consists of the office building at 315 Biscayne Blvd, as well as two condominium buildings, one east and west. It is located right in Downtown Miami, at the gateway of where Downtown meets the Miami River and Biscayne Bay. Nearby attractions include the American Airlines Arena, home to the Miami Heat, Bayside Marketplace, Bayfront Park, and the Adrienne Arsht Center for the Performing Arts.
CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (based on 2019 revenue). The company has more than 100,000 employees (excluding affiliates) and serves real estate investors and occupiers through more than 530 offices (excluding affiliates) worldwide. CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.
