{"id":12443,"date":"2017-05-31T18:52:52","date_gmt":"2017-05-31T18:52:52","guid":{"rendered":"https:\/\/tower-cre.com\/?p=12443"},"modified":"2021-08-05T16:27:08","modified_gmt":"2021-08-05T16:27:08","slug":"20-million-makeover-spurs-84000-sf-leases-citigroup-center","status":"publish","type":"post","link":"https:\/\/tcrefl.com\/20-million-makeover-spurs-84000-sf-leases-citigroup-center\/","title":{"rendered":"$20 Million Makeover Spurs 84,000 SF In Leases At Citigroup Center"},"content":{"rendered":"<p>Tower Commercial Real Estate\u2019s leasing team of Jon Blunk, Cristina Glaria and Laurel Oswald announced 86,364 square feet of leasing activity at <strong>Citigroup Center<\/strong>, downtown Miami\u2019s second largest Class A office tower, spurred by near completion of the building\u2019s $20 million makeover and rebranding program. The 34-story, 802,974-square-foot complex, is formerly known as <strong>Miami Center<\/strong>.<\/p>\n<p>New leases at <strong>Citigroup Center<\/strong>, owned by <strong>Crocker Partners<\/strong>, include one of the market\u2019s most significant this year to date. <strong>Harvard Maintenance<\/strong> signed on for 23,540 square feet, according to <strong>Jon Blunk, Tower CRE<\/strong> founder and president. Brokers <strong>Jonathan Kingsley<\/strong> and <strong>Stephen Rutchik<\/strong> of <strong>Colliers International<\/strong> represented <strong>Harvard Maintenance<\/strong>, which is relocating from One Biscayne Tower.<\/p>\n<p>Law firm <strong>Kobre &amp; Kim<\/strong>, represented by brokers <strong>Clarissa Willis<\/strong> and <strong>Ryan Ackerman<\/strong> of <strong>CBRE<\/strong>, leased 9,366 square feet.<\/p>\n<p>Anchor tenant <strong>Citigroup<\/strong> expanded its office space by 9,507 square feet to a total of 136,141 square feet, and recently opened a new ground floor retail banking center in 6,250 square feet.<\/p>\n<p><strong>Tower CRE <\/strong>reported an additional 32,000 square feet of lease renewals at <strong>Citigroup Center<\/strong>, including <strong>Apex Brasil<\/strong>, 10,683 sf; <strong>Black Srebnick Korspan Stumpf<\/strong>, 11,562 sf; <strong>Six Continents<\/strong>, 2,981 sf, and <strong>Solowsky&amp; Allen<\/strong>, 6,927 sf.<\/p>\n<p>The building\u2019s makeover, designed by world renowned architect <strong>Richard Meier<\/strong>, is underway for completion this summer, with a new entry, sleek lobby, modernized elevators and glass curtain wall fa\u00e7ade.<\/p>\n<p>Blunk said Crocker Partners\u2019 investment in improvements is well timed, and positions Citigroup Center to compete with new office buildings coming on line, while taking advantage of its one-of-a-kind Bayfront location. Citigroup Center also is filling a gap in the market place, Blunk said, devoting a full floor to high-end, immediately available executive suites of 2,500-3,500 square feet and a state-of-the-art conference center. The space caters to small and growing businesses looking for premium office quarters and amenities typically reserved for larger tenants.<\/p>\n<p>Tower CRE is exclusive leasing agent for Citigroup Center. Overall, Tower CRE, a Miami-headquartered firm with offices in Fort Lauderdale, Boca Raton and West Palm Beach, has a leasing portfolio topping 3 million square feet of Class A office space.<\/p>\n<p>\u2013 See more at: <a href=\"http:\/\/www.cre-sources.com\/20-million-makeover-spurs-84000-sf-in-leases-at-downtown-miami-tower\/\" target=\"_blank\" rel=\"noopener\">http:\/\/www.cre-sources.com\/20-million-makeover-spurs-84000-sf-in-leases-at-downtown-miami-tower\/<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tower Commercial Real Estate\u2019s leasing team of Jon Blunk, Cristina Glaria and Laurel Oswald announced 86,364 square feet of leasing activity at Citigroup Center, downtown Miami\u2019s second largest Class A office tower, spurred by near completion of the building\u2019s $20 million makeover and rebranding program. The 34-story, 802,974-square-foot complex, is [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":12775,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[28],"tags":[29,31,32,33,38,39],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/tcrefl.com\/wp-json\/wp\/v2\/posts\/12443"}],"collection":[{"href":"https:\/\/tcrefl.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tcrefl.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tcrefl.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tcrefl.com\/wp-json\/wp\/v2\/comments?post=12443"}],"version-history":[{"count":0,"href":"https:\/\/tcrefl.com\/wp-json\/wp\/v2\/posts\/12443\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tcrefl.com\/wp-json\/wp\/v2\/media\/12775"}],"wp:attachment":[{"href":"https:\/\/tcrefl.com\/wp-json\/wp\/v2\/media?parent=12443"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tcrefl.com\/wp-json\/wp\/v2\/categories?post=12443"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tcrefl.com\/wp-json\/wp\/v2\/tags?post=12443"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}