{"id":1004122186,"date":"2015-06-29T07:06:08","date_gmt":"2015-06-29T15:06:08","guid":{"rendered":"https:\/\/synd.yardi.com\/?p=354033"},"modified":"2022-03-03T16:30:46","modified_gmt":"2022-03-04T00:30:46","slug":"citigroup-stays-devoted-to-reborn-trophy-tower","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/citigroup-stays-devoted-to-reborn-trophy-tower\/","title":{"rendered":"Citigroup Stays Devoted to Reborn Trophy Tower"},"content":{"rendered":"

\"Miami<\/a>Citigroup<\/a> has reinforced its position as anchor tenant at Miami Center. The corporation signed a 15-year lease renewal for 125,000 square feet at the 34-story Class A office tower.<\/p>\n

The agreement represents one of the largest downtown Miami office lease transactions this year, according to Cushman & Wakefield and Crocker Partners. Cushman & Wakefield Senior Director Jon Blunk represented Crocker Partners in the transaction, while Patrick Duffy of Newmark Grubb Knight Frank acted on behalf of Citigroup. Law firm Hughes Hubbard & Reed LLP also renewed its 25,000-square foot lease at Miami Center lately.<\/p>\n

Citibank and other subsidiaries of the Citigroup have leased space in the skyscraper at 201 S Biscayne Blvd. as far back as 1992, according to real estate data website Property Shark<\/a>.<\/p>\n

In addition to Citigroup\u2019s lease renewal, Crocker Partners unveiled plans for a $20 million redevelopment of the 786,267-square foot tower. The renovations already underway include a makeover of the lobby and exterior plaza, a new entrance and valet, and modernization of the elevators.<\/p>\n

Photo credits: Daniel Christensen via Wikimedia Commons<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Citigroup has reinforced its position as anchor tenant at the Sunshine State’s the second largest Class A office tower.<\/p>\n","protected":false},"author":35,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1492,21742],"tags":[1815],"class_list":["post-1004122186","post","type-post","status-publish","format-standard","hentry","category-miami","category-latest","tag-national"],"acf":[],"yoast_head":"\nCitigroup Stays Devoted to Reborn Trophy Tower - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/citigroup-stays-devoted-to-reborn-trophy-tower\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Citigroup Stays Devoted to Reborn Trophy Tower\" \/>\n<meta property=\"og:description\" content=\"Citigroup has reinforced its position as anchor tenant at the Sunshine State’s the second largest Class A office tower.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/citigroup-stays-devoted-to-reborn-trophy-tower\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2015-06-29T15:06:08+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-03-04T00:30:46+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2015\/06\/Miami-Center.jpg\" \/>\n<meta name=\"author\" content=\"Balazs Szekely\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/citigroup-stays-devoted-to-reborn-trophy-tower\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/citigroup-stays-devoted-to-reborn-trophy-tower\/\",\"name\":\"Citigroup Stays Devoted to Reborn Trophy Tower - 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