{"id":198,"date":"2020-07-29T12:15:06","date_gmt":"2020-07-29T12:15:06","guid":{"rendered":"https:\/\/www.commercialsearch.com\/blog\/?p=198"},"modified":"2025-11-12T12:33:19","modified_gmt":"2025-11-12T12:33:19","slug":"first-office-lease-coconut-grove-miami-related","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/blog\/first-office-lease-coconut-grove-miami-related\/","title":{"rendered":"Cushman &#038; Wakefield Sign First Lease at Related\u2019s New Miami Office Boutique"},"content":{"rendered":"<p>High-end <a href=\"https:\/\/www.commercialsearch.com\/office\/us\/fl\/miami\/\" target=\"_blank\" rel=\"noopener noreferrer\">Miami office space for rent<\/a> is not only available in Brickell. The historic Miami neighborhood of Coconut Grove has also seen a flurry of new luxury office developments in the past few years. In fact, the <a href=\"https:\/\/www.miamiherald.com\/news\/business\/real-estate-news\/article235626712.html\" target=\"_blank\" rel=\"noopener nofollow noreferrer\"><em>Miami Herald<\/em> noted<\/a> in October 2019 that no less than three Class A projects were either in the works or nearing completion in the Grove.<\/p>\n<figure id=\"attachment_200\" aria-describedby=\"caption-attachment-200\" style=\"width: 300px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/blog\/wp-content\/uploads\/sites\/4\/2020\/07\/315-South-Biscayne-Blvd-Miami-FL-current-miami-hq-of-related-companies.jpg\" data-rel=\"lightbox-image-0\" data-magnific_type=\"image\" data-rl_title=\"\" data-rl_caption=\"\" title=\"\"><img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-200 lazyload\" src=\"https:\/\/www.commercialsearch.com\/blog\/wp-content\/uploads\/sites\/4\/2020\/07\/315-South-Biscayne-Blvd-Miami-FL-current-miami-hq-of-related-companies.jpg?w=300\" alt=\"downtown Miami office space 315 south biscayne blvd\" width=\"300\" height=\"240\" data-srcset=\"https:\/\/www.commercialsearch.com\/blog\/wp-content\/uploads\/sites\/4\/2020\/07\/315-South-Biscayne-Blvd-Miami-FL-current-miami-hq-of-related-companies.jpg 1000w, https:\/\/www.commercialsearch.com\/blog\/wp-content\/uploads\/sites\/4\/2020\/07\/315-South-Biscayne-Blvd-Miami-FL-current-miami-hq-of-related-companies.jpg?resize=300,240 300w, https:\/\/www.commercialsearch.com\/blog\/wp-content\/uploads\/sites\/4\/2020\/07\/315-South-Biscayne-Blvd-Miami-FL-current-miami-hq-of-related-companies.jpg?resize=768,614 768w\" sizes=\"auto\" \/><\/a><figcaption id=\"caption-attachment-200\" class=\"wp-caption-text\"><em>One Miami tower at 315 South Biscayne Blvd, downtown Miami; location of Related Cos. headquarters since 2006<\/em><\/figcaption><\/figure>\n<p>One of those projects is located at 2850 Tigertail Rd. \u2014 an eight-story mid-rise that is being developed by The Related Companies. The speculative project incorporates 109,000 square feet of prime commercial space, 4,000 of which is planned for retail. The remaining 105,000 square feet is comprised of Class A, LEED Gold-proposed office space. Cushman &amp; Wakefield (C&amp;W) is exclusive leasing advisor for 2850 Tigertail. Project design is headed by local firm Arquitectonica, with interior design by MKDA. Construction is expected to be completed later this year.<\/p>\n<p>The building\u2019s glass-railing terraces and floor-to-ceiling windows will offer expansive views of Biscayne Bay. Plans also call for elevated courtyards, a roof deck, parking, an on-site bike locker, an electric vehicle charging station and more. Unlike other Related office projects, leasing for 2850 Tigertail is conducted without fanfare and through highly selective appointments that seek to ensure a well-curated mix of professional, high-end tenants.<\/p>\n<figure id=\"attachment_202\" aria-describedby=\"caption-attachment-202\" style=\"width: 240px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/blog\/wp-content\/uploads\/sites\/4\/2020\/07\/1450-Brickell-Avenue-Miami-FL-current-offices-of-law-firm.jpg\" data-rel=\"lightbox-image-1\" data-magnific_type=\"image\" data-rl_title=\"\" data-rl_caption=\"\" title=\"\"><img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-202 lazyload\" src=\"https:\/\/www.commercialsearch.com\/blog\/wp-content\/uploads\/sites\/4\/2020\/07\/1450-Brickell-Avenue-Miami-FL-current-offices-of-law-firm.jpg?w=240\" alt=\"office space in Brickell, Miami at 1450 brickell avenue\" width=\"240\" height=\"300\" data-srcset=\"https:\/\/www.commercialsearch.com\/blog\/wp-content\/uploads\/sites\/4\/2020\/07\/1450-Brickell-Avenue-Miami-FL-current-offices-of-law-firm.jpg 640w, https:\/\/www.commercialsearch.com\/blog\/wp-content\/uploads\/sites\/4\/2020\/07\/1450-Brickell-Avenue-Miami-FL-current-offices-of-law-firm.jpg?resize=240,300 240w\" sizes=\"auto\" \/><\/a><figcaption id=\"caption-attachment-202\" class=\"wp-caption-text\"><em>1450 Brickell avenue, Brickell, Miami<\/em><\/figcaption><\/figure>\n<p>C&amp;W recently announced that it had arranged a 6,000-square-foot lease with Ratzan Weissman &amp; Boldtat, which will be leaving its current offices at 1450 Brickell. The law firm is the first tenant to join the boutique roster, and the first firm to join the developer in occupying the building. Related also plans to relocate its long-time downtown Miami headquarters to the top two floors of the new Grove luxury boutique, occupying roughly 45,000 square feet.<\/p>\n<p>South Florida\u2019s largest real estate developer has had a presence in downtown Miami at the base of the condo towers at 315 South Biscayne Blvd. since it finished the property in 2006. It had already outgrown that location and expanded into office space at 444 Brickell Ave.<\/p>\n<p>Related Group CEO and Chairman, Jorge P\u00e9rez, has had a primary residence in the Grove for quite some time and will showcase his museum-quality private art collection at the new office property.<\/p>\n<figure id=\"attachment_201\" aria-describedby=\"caption-attachment-201\" style=\"width: 300px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/blog\/wp-content\/uploads\/sites\/4\/2020\/07\/444-Brickell-Avenue-Miami-FL-current-miami-hq-expansion-of-related-companies.jpg\" data-rel=\"lightbox-image-2\" data-magnific_type=\"image\" data-rl_title=\"\" data-rl_caption=\"\" title=\"\"><img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-201 lazyload\" src=\"https:\/\/www.commercialsearch.com\/blog\/wp-content\/uploads\/sites\/4\/2020\/07\/444-Brickell-Avenue-Miami-FL-current-miami-hq-expansion-of-related-companies.jpg?w=300\" alt=\"office space in Brickell, Miami 444 Brickell Avenue\" width=\"300\" height=\"240\" data-srcset=\"https:\/\/www.commercialsearch.com\/blog\/wp-content\/uploads\/sites\/4\/2020\/07\/444-Brickell-Avenue-Miami-FL-current-miami-hq-expansion-of-related-companies.jpg 640w, https:\/\/www.commercialsearch.com\/blog\/wp-content\/uploads\/sites\/4\/2020\/07\/444-Brickell-Avenue-Miami-FL-current-miami-hq-expansion-of-related-companies.jpg?resize=300,240 300w\" sizes=\"auto\" \/><\/a><figcaption id=\"caption-attachment-201\" class=\"wp-caption-text\"><em>444 Brickell Avenue, Brickell district, Miami; location of Related Cos. growth-triggered expansion<\/em><\/figcaption><\/figure>\n<p>Nick P\u00e9rez, vice president of The Related Group, said, \u201cBrickell and the downtown area will always be the main urban cores of Miami. But, the Grove has a unique personality. It was the original neighborhood of Miami, and we\u2019ve always had a connection with this area \u2014 as professionals, as well as a family. This building is boutique in nature. We want tenants who have an appreciation of fine art \u2014 my father\u2019s collection will be rotated in and out of the lobby \u2014 but also want exclusivity and luxury.\u201d<\/p>\n<p>Stuart Ratzan, of Ratzan Weissman &amp; Boldt, said, \u201cWe are excited to move into a brand new, Class A building developed by The Related Group in the heart of Coconut Grove. As a long-time resident of the Grove, I can\u2019t imagine a better place to move our law offices. The offices will be beautiful, easy to access, and in the midst of a colorful and fun place to be.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Cushman &#038; Wakefield signed the first tenant at Related&#8217;s new office boutique in Coconut Grove. The law firm will relocate to The Grove from Brickell in 2021. <\/p>\n","protected":false},"author":48,"featured_media":206,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[5],"tags":[],"class_list":["post-198","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-office-news"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Related Signs First Office Lease at 2850 Tigertail | CommercialSearch<\/title>\n<meta name=\"description\" content=\"Cushman &amp; Wakefield signed the first tenant at Related&#039;s new office boutique in Coconut Grove. 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