TOWER CRE SECURES OVER 20,000 SQ FT OF NEW LEASES AT SUNTRUST INTERNATIONAL CENTER IN DOWNTOWN MIAMI
High-End Spec Suite Program Attracts Five Law Firms to Class A Office Building
MIAMI (September 16, 2020)—Tower Commercial Real Estate (Tower CRE), a full-service commercial real estate brokerage in South Florida, today announced it has secured approximately 20,000 square feet of new leases at SunTrust International Center, a recently renovated 31-story, 449,076 square-foot Class A office building at 1 SE Third Ave. in Miami’s Central Business District. The leasing team includes Tower CRE Senior Vice President Cristina Glaria, President Jon Blunk, and Executive Director Laurel Oswald.
Five law firms have joined SunTrust International Center as new tenants. They include Gelber Schachter & Greenberg (9,000 SF), which is relocating from Brickell and has doubled in size, Winget Spadafora & Schwartzberg (3,726 SF); Sastre Saavedra & Epstein (3,496 SF); Peretz Chesal Herrmann (2,763 SF); and Marx Rosenthal (1,829 SF).
“Firms look to SunTrust International Center as their office location of choice due to the building’s recent renovation, flexible spec suite opportunities and comprehensive onsite amenity package,” stated Cristina Glaria, senior vice president, Tower CRE. “Our luxury spec suite program has presented a surge of new tenant activity, especially in this current economic climate which has left many businesses seeking new office locations at a more attainable price point. We are able to meet that demand while also providing high-end, freshly built-out space available for immediate occupancy.”
Full-service office rents at SunTrust International Center average $42 per square foot. The building’s spec suite program includes private kitchens and conference rooms and features DIRTT modular wall systems, which offer fully customizable layouts that easily adapt for both open floorplans and more office intensive users. The flexible buildouts provide opportunities for future adjustments to the space, allowing tenants to seamlessly comply with current social distancing regulations while also allowing them to maximize their space in the future without compromising their budgets.
SunTrust International Center recently completed a $13 million renovation, featuring a newly designed rooftop terrace, state-of-the-art fitness center and conference facility. In addition, the LEED® Silver certified building houses Premo’s Deli, Walgreens Pharmacy, Bank of America and SunTrust banking centers, and provides 24/7 security.
SunTrust International Center’s prime location in the heart of downtown Miami provides excellent access to I-95, Brickell Avenue and the MacArthur Causeway. Located on the corner of Flagler Street and Southeast 3rd Avenue, SunTrust International Center is just blocks away from the Miami Metromover and Brightline’s MiamiCentral station as well as the Bayside Marketplace shopping and dining complex.
SunTrust International Center is owned by PCCP, LLC (PCCP) and managed by Crocker Partners. Spec suite and full floor leasing opportunities are available. For leasing information, please call (305) 400-0760 or visit https://tower-cre.com. For information on SunTrust International Center, visit suntrustinternationalcenter.com.