Miami Getting Biggest Hedge Fund Office Ever After $50B Firm Signs Brickell Lease

One of America’s biggest hedge funds just signed a lease for space in Brickell.

The newly signed lease is the biggest ever for a hedge fund in Miami.

Millennium Management, which has $50 billion under management, will occupy three floors at the 30-story 1111 Brickell tower, owned by KKR and Parkway.

The lease is long term and covers more than 74,000 square feet.

Investment professionals and technology teams will be located in the new space, a press release said. WorldQuant, a global quantitative investment firm, will also have employees within the new space.

Bloomberg previously reported that the new office will have 350 employees.

Millennium was founded by billionaire Izzy Englander.

 

(photo: KKR/Parkway)

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Anonymous
1 month ago

Great win for Miami. Significant that they chose Miami over Boca or West Palm.
The naysayers on this site continue to get proven wrong- over and over again.
(started way back when a bunch of commenters on this site believed Brickell Flatiron would never get built)

Brooklyn
1 month ago

They also chose West Palm Beach.
Do you research…

Anonymous
1 month ago

The Miami office is twice the size of WPB. Miami is their SE hub.

Anonymous
1 month ago

WPB office is for rich executives and older wealthy clients. Miami office is for young talent. WPB sucks if you’re not old and wealthy.

Anonymous
1 month ago

Miami sucks if you can’t speak Taco Bell and make six figures.

Anonymous
1 month ago

You suck!

Anonymous
1 month ago

You wish you can speak more than one language!!
Tu voulais parler une outre langue!!
Quisiera usted hablar más de un idioma!

And it’s Spanish! Not “ Taco Bell” you freaking racist!!!! 🙄🙄🙄

Anonymous
1 month ago

Not for nothing but that’s not being racist. Please don’t fall in with the rest of crowd.
That is being ignorant and jealous.

Anonymous
1 month ago

Go back to Alabama you racist p-g!

Anonymous
1 month ago

Apart from Disney World, the furthest north in this state you’ve probably been is the Swap Shop is Lauderhill.

Anonymous
1 month ago

No, you are wrong! I once went to the old Sears Town on Federal Hwy. Then over to the old armory across the street. I’ve been places pal!

Anonymous
1 month ago

^^lmao, probably true too

Anonymous
1 month ago

Miami is becoming the Manhattan of South Florida. Boca is like Scarsdale in Westchester County and West Palm / Palm Beach is like the Fairfield County, CT. Brightline will be like Metro North.

Anonymous
1 month ago

I live in NY and I concur with this.

Azarius
1 month ago

Bring in the Money!!!

Anonymous
1 month ago

Meanwhile we only have one office tower under construction lmao

chupacabra
1 month ago

lotta gloating here about at best 350 yobs meng……if it even happens

Anonymous
1 month ago

Suck it Miami Beach!

Anonymous
1 month ago

we are all together – competing with Boca Raton and West Palm Beach. Miami or Miami Beach – it is all good for the 305.

Anonymous
1 month ago

Yeah but Miami Beach is trying to attract hedge funds and compete with Miami. MB’s strength is tourism. Let Miami have the offices.

Anonymous
1 month ago

“Let Miami have the offices.”
And South Beach The “hood” and the crime ! 🤨

Anonymous
1 month ago

I actually disgree, ALL of South Florida is in this together (Dade, Broward, Palm Beach). The South Florida region is competing agsinst the likes of NY, LA, SF.

West Palm Beach’s gain or Fort Lauderdale’s gain is also Miami’s gain.

Anonymous
1 month ago

Nah we don’t like Broward or WPB…!

Anonymous
1 month ago

Anything in Broward pretty much has a direct effect on us in Dade and vice versa. A lot of people commute two both counties for work. West Palm Beach not so much

Anonymous
1 month ago

stop calling our county dade. dade it’s not the name that identifies us . tourist don’t come to dade they come to miami, the name of the county is miami dade not dade

Anonymous
1 month ago

That’s because people are tired of the policies of blue cities
Defund the police
High taxes
High crime
Wokeism
Early release of criminals
Not punishing petty crime ( SF/LA/NYC)
Mandates for thee for not for me !
CRT in schools
😛😛😛😛😛😛

Anonymous
1 month ago

If thats the case, then why do they repeatedly move to blue areas such as South Florida, Orlando, Tampa? They never go into red areas. Also, those blue states have some of the best schools and produce much of this countries’ wealth. Same thing in Texas with most of the moves going to Austin area. Per capita, red states suck the federal government dry because they are uneducated, poor and make little money.

Conservatives complain about entitlement and welfare, but they are the leading users of government welfare. The bottom line is that they move the main offices to Florida so the board and upper management can take advantage of no income tax.

BTW, I’m not complaining about these businesses opening offices down here, but let’s be realistic. They’re not creating jobs that will benefit an overwhelming number of South Florida residents

Anonymous
1 month ago

Do you know the passing score on mayor blue cities public schools like Baltimore?? 🤨

Anonymous
1 month ago

“Conservatives complain about entitlement and welfare, but they are the leading users of government welfare. “
Bring the statistics and I will change my affiliation…. So far federal government and private institutions show the opposite, and blue states have the highest taxes and the poorest performance in reading and math in public school… and the solution is lower the passing scores because merit is now according to CRT a white supremacy value 🧐🤓🤨

Anonymous
1 month ago

Terrible post.
So much wrong with it….where to begin.

Suffice it to say, high paying jobs help South Florida.

Anonymous
1 month ago

There is no CRT in schools, it’s a false bogeyman. And unfortunately no one has defunded the pigs, least not NY (De Blasio reneged on his pledge).

Anonymous
1 month ago

CRT is not a false bogeyman … is racism being inculcated in kids and students in college ! They teach to hate America and believe that our institutions are founded based on racism and there’s plenty of people making money out of that … like Ibrahim Kendi and DiAngelo 😛
And
when you get assaulted or robbed or someone try to kill you …. Pray to have a pig ready to give his or her life to save a hateful leftist like you !! 🤨🤨🧐🤓. Because a social worker won’t help to save your commie a..s!😝

Anonymous
1 month ago

Not really. WPB and Ft. Lauderdale look down on Miami. Nobody from there will say they’re from Miami. While people that live in NYC and SF suburbs wouldn’t hesitate to say they are from those cities.

Anonymous
1 month ago

Facts has nothing to do with illusions!! That’s why they wouldn’t hesitate to say they’re from SF or NYC
🤓

Anonymous
1 month ago

How many Walgreens pharmacies and small stores are closing in San Francisco because they can’t call the police on people stealing merchandise valued in less than 900$, or if the do, the police can’t do anything !! This is base on “ social justice” and in some degree “ reparations “

P.S.
This os not from Fox News, even liberal and left wing media reported on this !! 🤓🤓

Anonymous
1 month ago

Hard to deal with the disaster of liberal policies??? That’s why you call me an id-t?? 😛

Anonymous
1 month ago

Democrat President Joe Biden’s border crisis reached a new level on Friday as data released by U.S. Customs and Border Protection (CBP) showed that the Border Patrol has made approximately 1.66 million arrests of illegal aliens entering the U.S. from Mexico for Fiscal Year 2021.

“Border crossings surpassed 1.6 million annually at least twice recently, in 1986 and in 2000,” The Wall Street Journal reported. “In 2019, when crossings reached a peak under the Trump administration, the Border Patrol made about 850,000 arrests.”😳😳😳😳😳😳😳😳😳😳😳😳😳😳😳😳😳😳😳😳let’s go Brandon!!!

CEC
1 month ago

If California were a country, it would not have the 6th largest economy in the world. It has a large economy because it is part of the United States. Much of that economy would disappear if it were a separate country. The same can be said of New York City.

Brickellite
1 month ago

Yes, great news!…According to Zillow 33131 real estate will increase 17% in the next year….good bye underwater investments!!..hello CAPITOL gains 💪 😎