Ryan Holtzman (left), Brian Gale (top right), and Andrew Trench.
Ryan Holtzman, Brian Gale and Andrew Trench
Executive managing director; vice chairman; and executive managing director at Cushman & Wakefield
With more than 90 transactions totaling about 800,000 square feet under their collective belt during just the past year alone, Cushman & Wakefield’s Ryan Holtzman, Brian Gale and Andrew Trench have established themselves as one of South Florida’s powerhouse landlord brokerage teams.
The team’s representation of 830 Brickell in Miami — OKO Group and Cain International’s 55-story office tower that finally cut the ribbon in October, the hottest new office development in the region amid the pandemic-era Florida boom — would’ve been enough to gain them that recognition. But the sheer value of the deals that the team arranged has also raised eyebrows.
They were the first team to negotiate an office rent of $150 per square foot in Miami, with Citadel’s two-floor expansion at 830 Brickell in June, according to reports at the time. Just two months later, the team members outdid themselves with Brazilian bank Banco Master’s $190-per-square-foot deal at the tower. The agreement broke the rent-per-foot record not only in Miami, but also across the entire Sunshine State. The team is fetching high-priced lease deals at other nearby office plazas as well, such as the 1985-built 701 Brickell, with rents there ranging from $130 to $140 per square foot despite the building’s age, Trench said.
“We’re taking a really aggressive approach, and I think part of that was our exposure to what was happening at [830 Brickell],” Trench said. “830 was sort of the tip of the spear for all of these new companies moving here. We were privy to that trend before it actually proved out to everyone else, when it was just anecdotal, so it allowed us to key our clients in that this was happening, and we were basically able to get ahead of the curve in pushing rents in other buildings.”
The team is ensuring that they’ll play a key role in Miami’s business future, too, as they currently represent at least three-quarters of all new office developments across Miami, Trench said.
“We’re all natives here, and it’s cool to be a part of the changing city and have our fingerprint on it,” he added.
