Related Group Taps Blanca Commercial Real Estate to Lease Downtown Miami's 444 Brickell Office Tower

444 Brickell offers tenants a premium location directly on Brickell Avenue in the heart of the Brickell Financial District at an affordable price point. End Quote

Miami, FL (1888PressRelease) March 20, 2014 - Miami-based commercial real estate brokerage and advisory firm Blanca Commercial Real Estate has been selected as the exclusive leasing agent for 444 Brickell, a 200,379 square foot office building in the heart of the city's Brickell Financial District. The 11-story building is located along the Miami River, offering convenient access to downtown Miami's Central Business District. The leasing assignment follows Related Group's acquisition of the building in late 2013.

Related is currently planning a phased re-development of the 3.9-acre site, which also includes the adjacent 77-99 S.E. 5th Street building measuring 101,902 square feet.

444 Brickell is an ideal option for tenants seeking flexible lease terms ranging from 1-7 years. The building affords tenants immediate occupancy in renovated suites ranging in size from 500 to 10,000 square feet.

Well known for its prominent location where Brickell Avenue and the Central Business District meet, 444 Brickell recently underwent a significant capital improvement program that included updates to the building's common areas, lobby, corridors and restrooms. The building is perhaps best known as being the home of Miami's popular The Capital Grille restaurant.

The Blanca Commercial Real Estate team of Juan Ruiz, Andres del Corral and Danet Linares will lead the leasing and marketing effort on behalf of the building's ownership.

"The office building at 444 Brickell offers companies a premium downtown Miami location at an affordable price point," explains Blanca Commercial Real Estate CEO and President Tere Blanca. "This building bears a premier Brickell Avenue address and has many of the amenities that today's tenants are looking for - ample parking, renovated common areas, a terrific outdoor terrace overlooking the Miami River and downtown Miami, and a high-end restaurant on site."

On-site amenities include a coffee and sundry shop, ATM machine, full-service mailing center, and a parking ratio of 3: 1,000 square feet. Additionally, the building is within close proximity of numerous public transit links, including Metromover and the Brickell/Biscayne trolley. Countless hotels, shopping options and restaurants are within walking distance, including Brickell CityCentre, which is under construction two blocks away.

444 Brickell currently offers available floor plates ranging in size from 500 to 10,000, with average lease rates between $26.50 and $28.00 per square foot. For leasing opportunities, please contact Juan Ruiz, Andres del Corral or Danet Linares, Blanca Commercial Real Estate at (305) 577-8850.

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