Bilzin Sumberg Renews 85K SF Office Lease At 1450 Brickell In Miami’s Financial District — PROFILE Miami
Nearly 25 years since launching in the heart of Downtown Miami, preeminent law Firm Bilzin Sumberg is doubling down on its Florida growth strategy with a major office lease that will preserve the firm’s position as one of the major tenants at the 1450 Brickell office tower. The Firm has renewed its lease for nearly 84,000 square feet of space at the Class A building, representing one of the largest law firm footprints in Miami’s urban core. Bilzin Sumberg’s renewal of its lease coincides with an influx of residents, companies, and investment into South Florida, with the Firm pursuing a strategy of steady growth that has solidified its role as a catalyst for business and wealth migration.
Bilzin Sumberg became the first office tenant to sign a lease at 1450 Brickell when the tower was nearing completion in 2009. The development of 1450 Brickell led the transformation of the entrance to Brickell Avenue, elevating the area into a walkable hub for business, dining, hotels, and residential living. Since then, the 625,000 square-foot Class A tower has attracted best-in-class tenants including multinational companies, finance firms, and professional services firms. The unique building features include a curtainwall glass system comprised entirely of large missile impact glass and two major generators that provide tenants with over 4,000 kw of power during electrical outages, making 1450 Brickell the country’s most storm-hardened office tower.
“For more than two decades, Bilzin Sumberg has presided over the evolution of Downtown Miami and the Brickell Financial District, from a 9-to-5 business center, into a vibrant 24-7 city,” explains Managing Partner Al Dotson. “Our office at 1450 Brickell has put our attorneys at the center of one of the most dynamic business, residential and lifestyle districts in the United States. Along the way, Bilzin Sumberg has been a key figure in transformative projects that have taken shape in our backyard, while also serving a national and international clientele from our homebase at 1450 Brickell.”
Bilzin Sumberg was represented by the JLL brokerage team led by Barbara Liberatore Black, Matthew Goodman and Jeff Gordon. “After spending over a year reviewing all options in Miami’s office market, Bilzin Sumberg decided to renew its lease and remain as one of the major tenants at 1450 Brickell for all of the same reasons they initially chose the building over 10 years ago,” said JLL’s Barbara Liberatore Black. “With the business growth Miami’s Brickell Financial District continues to experience and the 1450 Brickell office tower’s strategic location at the entrance to Brickell, it made all the sense for the law firm to maintain a presence in the center of the city’s premier live-work-play district.”
Tere Blanca and Danet Linares of Blanca Commercial Real Estate represented building owner 1450 Brickell, LLC.
“From the time of its development through today, 1450 Brickell has attracted prestigious domestic and international tenants,” added Tere Blanca, whose firm has exclusively leased 1450 Brickell since its conception. “While there were two other office towers under construction at the time it was being built, 1450 Brickell’s location and unique features helped drive strong pre-leasing with top quality tenants. Bilzin Sumberg, with deep roots in South Florida and an international clientele, first saw the value of locating in 1450 Brickell, a LEED Gold certified trophy tower designed to stand the test of time. The Firm’s tenancy set the wheels in motion for what would become one of the most successful pre-leasing campaigns in Miami history.”
Bilzin Sumberg counsels clients whose business and legal opportunities and challenges span the United States and cross borders to Europe, Latin America, Canada, the Middle East, and Asia. The firm’s growth has paralleled that of its Miami home base, a region known for its rich cultural, social, and professional diversity. Bilzin Sumberg lawyers concentrate on services at the heart of both regional and international commerce, including real estate, land development and government relations, environmental, corporate law, joint ventures, domestic and international tax and estate planning, business litigation, finance, and public-private partnerships.
