{"id":1004669005,"date":"2023-06-22T06:38:11","date_gmt":"2023-06-22T14:38:11","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004669005"},"modified":"2025-02-24T02:01:29","modified_gmt":"2025-02-24T10:01:29","slug":"nuveen-inks-121-ksf-office-lease-renewal-in-miami","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/nuveen-inks-121-ksf-office-lease-renewal-in-miami\/","title":{"rendered":"Law Firm Re-Ups for 121 KSF Miami Lease"},"content":{"rendered":"<div id=\"attachment_1004669006\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/06\/701-Brickell.jpeg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004669006\" data-attachment-id=\"1004669006\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/nuveen-inks-121-ksf-office-lease-renewal-in-miami\/701-brickell-2\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/06\/701-Brickell.jpeg\" data-orig-size=\"4864,3648\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;1687372824&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;1&quot;}\" data-image-title=\"701 Brickell\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;701 Brickell. Image courtesy of Cushman &#038; Wakefield&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/06\/701-Brickell.jpeg?w=1024\" class=\"wp-image-1004669006 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/06\/701-Brickell.jpeg?w=300\" alt=\"701 Brickell\" width=\"300\" height=\"225\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/06\/701-Brickell.jpeg 4864w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/06\/701-Brickell.jpeg?resize=300,225 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/06\/701-Brickell.jpeg?resize=768,576 768w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/06\/701-Brickell.jpeg?resize=1024,768 1024w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/06\/701-Brickell.jpeg?resize=1536,1152 1536w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/06\/701-Brickell.jpeg?resize=2048,1536 2048w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004669006\" class=\"wp-caption-text\">701 Brickell. <em>Image courtesy of Cushman &amp; Wakefield<\/em><\/p><\/div>\n<p>Law firm <strong>Holland &amp; Knight LLP <\/strong>has signed a 121,032-square-foot lease renewal at <strong>Nuveen Real Estate<\/strong>\u2019s 701 Brickell in Miami. <strong>Cushman &amp; Wakefield<\/strong> brokered the deal on behalf of the landlord, while <strong>CBRE<\/strong> represented the tenant.<\/p>\n<p>Holland &amp; Knight will continue to occupy six floors of office space at the 33-story tower. Nuveen acquired the Class A property in 2002 for $172 million, according to CommercialEdge information.<\/p>\n<p>Situated on Brickell Avenue while also fronting Biscayne Bay, the LEED Gold-certified and Energy Star-rated building features efficient floorplans, a newly renovated lobby, a conference facility and a fitness center, as well as covered parking and on-site caf\u00e9.&nbsp;Additionally, the office tower holds a central position in Miami&#8217;s Brickell financial and tech neighborhood, with easy access to 31 different transit routes.<\/p>\n<h2>A 96 percent-leased Miami office property<\/h2>\n<p>Cushman &amp; Wakefield has been managing the leasing operations at 701 Brickell on behalf of Nuveen since April 2019. Last year, the landlord secured leases amounting to a total of 71,292 square feet through nine transactions. Presently, the building has a 96 percent occupancy rate; Bank of America, Merrill, EFG Capital, Van Holland Group and DRA Advisors are among its tenants.<\/p>\n<hr>\n<p><strong>READ ALSO<\/strong>: <a href=\"https:\/\/www.commercialsearch.com\/news\/a-closer-look-at-tech-layoffs-impact-on-office-leasing\/\">A Closer Look at Tech Layoffs\u2019 Impact on Office Leasing<\/a><\/p>\n<hr>\n<p>Cushman &amp; Wakefield Vice Chairman Brian Gale and Senior Director Edward Quinon represented Nuveen Real Estate. CBRE Vice Chairman Todd Lippman and Senior Vice President Shay Pope assisted the law firm in the negotiations.<\/p>\n<p>Earlier this year, the same Cushman &amp; Wakefield brokers represented Metropolitan Life Insurance Co. in a <a href=\"https:\/\/www.commercialsearch.com\/news\/metropolitan-life-inks-101-ksf-in-miami\/\">101,000-square-foot lease<\/a> at the Wells Fargo Center building in downtown Miami. According to the latest <a href=\"https:\/\/www.commercialedge.com\/blog\/national-office-report\/\">CommercialEdge report<\/a>, as of May, the Miami office market had an overall vacancy rate of 11.8 percent.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Cushman &#038; Wakefield arranged the renewal at this Brickell office tower.<\/p>\n","protected":false},"author":3030,"featured_media":1004669006,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21784,1492,21742,21747,32781],"tags":[32789,32799,36716,43901],"class_list":["post-1004669005","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-brokerage","category-miami","category-latest","category-office","category-southeast","tag-cbre","tag-cushman-wakefield","tag-holland-knight","tag-nuveen-real-estate"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Law Firm Re-Ups for 121 KSF Miami Lease - Commercial Property Executive<\/title>\n<meta name=\"description\" content=\"Law firm Holland &amp; Knight LLP has signed a 121,032-square-foot lease renewal at Nuveen Real Estate\u2019s 701 Brickell in Miami.\" \/>\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\/nuveen-inks-121-ksf-office-lease-renewal-in-miami\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Law Firm Re-Ups for 121 KSF Miami Lease\" \/>\n<meta property=\"og:description\" content=\"Law firm Holland &amp; Knight LLP has signed a 121,032-square-foot lease renewal at Nuveen Real Estate\u2019s 701 Brickell in Miami.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/nuveen-inks-121-ksf-office-lease-renewal-in-miami\/\" \/>\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=\"2023-06-22T14:38:11+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-02-24T10:01:29+00:00\" \/>\n<meta name=\"author\" content=\"Raluca Toma\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/06\/701-Brickell.jpeg\" \/>\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\/nuveen-inks-121-ksf-office-lease-renewal-in-miami\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/nuveen-inks-121-ksf-office-lease-renewal-in-miami\/\",\"name\":\"Law Firm Re-Ups for 121 KSF Miami Lease - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/nuveen-inks-121-ksf-office-lease-renewal-in-miami\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/nuveen-inks-121-ksf-office-lease-renewal-in-miami\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/06\/701-Brickell.jpeg\",\"datePublished\":\"2023-06-22T14:38:11+00:00\",\"dateModified\":\"2025-02-24T10:01:29+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/1e908d9381f3929d1d57f95e4db8c529\"},\"description\":\"Law firm Holland & Knight LLP has signed a 121,032-square-foot lease renewal at Nuveen Real Estate\u2019s 701 Brickell in Miami.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/nuveen-inks-121-ksf-office-lease-renewal-in-miami\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/nuveen-inks-121-ksf-office-lease-renewal-in-miami\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/nuveen-inks-121-ksf-office-lease-renewal-in-miami\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/06\/701-Brickell.jpeg\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/06\/701-Brickell.jpeg\",\"width\":4864,\"height\":3648,\"caption\":\"701 Brickell. 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