A giant new lease has just been finalized at the 55-story 830 Brickell office tower.
It makes 830 Brickell the first ever trophy office tower in Miami fully leased upon completion, its developers said.
The newly signed lease is also the largest new-to-market office lease signed in Miami in 2022
Kirkland & Ellis, the world’s largest law firm by revenue, leased 115,000 square feet of Class A office space – totaling six floors.
The tower is said to be commanding some of the highest Class A rental rates in the country, with the last few leases signed in the building fetching between $120-$150 per square foot, according to JLL’s Q3 Miami office market report.
OKO Group and Cain International are developing the tower in a partnership.
International law firms Sidley Austin, Winston & Strawn LLP and Baker McKenzie also recently signed leases at 830 Brickell and will occupy a combined 100,000-plus square feet of space.
Other tenants that have announced plans to open offices at 830 Brickell include Microsoft, financial services company Citadel, New York-based insurance firm A-CAP, private equity firm Thoma Bravo, CI Financial, Marsh Insurance, AerCap and others.
830 Brickell’s ownership was represented by Cushman & Wakefield’s Brian Gale, Ryan Holtzman and Andrew Trench. Kirkland & Ellis was represented by Neil Goldmacher, Mitchell Millowitz and Ryan Rosalsky of Newmark, and Kevin Kushner of CBRE.
“830 Brickell is the only Class A-plus office building in Miami history to be fully pre-leased ahead of its completion, with the majority of its tenants being major new-to-market corporations,” said Andrew Trench, Executive Director of Cushman & Wakefield.
830 Brickell was designed by Adrian Smith + Gordon Gill, with interiors by Italian architecture and design company Iosa Ghini Associati.
The tower’s amenities will include a rooftop bar/lounge and restaurant, a health and wellness center, conferencing facilities, an outdoor terrace, cafés and street-level retail.
Multiple transit options are nearby, a press release said, including Metrorail and Metromover, Brightline, walking paths, cycling lanes and bay access points.
(photo: Phillip Pessar)
Images of 830 Brickell, a new Class A-plus office tower under development by OKO Group and Cain International. The 55-story, 640,000 square foot tower, designed by renowned architecture firm Adrian Smith + Gordon Gill, will mark the first stand-alone Class A office building developed in Miami’s Brickell Financial District in more than a decade upon its completion at the beginning of 2023. (Credit: OKO Group/Cain International)