Colliers Relocates South Florida HQ to Nuveen’s 801 Brickell in Miami
By Julia Echikson July 8, 2021 4:46 pm
reprints
Colliers (CIGI) International is doing what it’s paid to do: fill offices.
The brokerage is moving its South Florida headquarters back to 801 Brickell after signing a 10-year lease for 11,273 square feet on the ninth floor, the firm announced.
“After a successful pivot to working from home in 2020, we are excited to move back to a physical office,” Julie Northcutt-Dunn, executive managing director and market leader for Colliers South Florida, said in a statement.
About a year ago, the company had terminated its lease at the 28-story office tower, allowing a client to take over its office, explained Colliers broker Stephen Rutchik, who represented the landlord, Nuveen Real Estate, in the recent lease.
Built in 1984, 801 Brickell is a notable, older office tower in Miami’s business district with high-profile tenants, such as credit card company MasterCard, travel platform Booking.com, and David Grutman’s celebrity hotspot Komodo. The building’s asking rents range between $63 to $80 per square foot, Rutchik said.
Nuveen is one of the largest real estate investment firms in the country, managing $133 billion, the company says. It owns the nearby 701 Brickell, where prominent hedge fund Point72 Asset Management signed a lease in April.
Colliers’ Jonathan Kingsley represented the brokerage in the transaction.
Julia Echikson can be reached at jechikson@commercialobserver.com.
