Miami law firm Stearns Weaver Miller Weissler Alhadeff & Sitterson PA has expanded and renewed its presence at Museum Tower, located at 150 W. Flagler St. in Miami, FL, taking a total of 110,000 square feet in the office building where its has had its South Florida offices since 1987.
The lease qualifies as the largest single office lease signed in 2014 in the city’s Central Business District, just edging out Akerman’s 108,000-SF office lease to anchor Miami’s Brickell City Centre, signed two months earlier. It represents a growing trend in the area: large firms are having difficulty finding class A space in downtown Miami, leading many to renew and expand at their current locations while completing ongoing upgrades to fit their needs.
“Miami’s legal sector is thriving as new investment pours into the market, putting law firms in position to grow their practices while making smart, forward-looking improvements to their offices,” explains Carol Brooks, president and co-founder of CREC
“After evaluating buildings in Miami’s urban core, we decided that expanding and upgrading our current space at Museum Tower was the best long-term move for our firm,” says Rick Schatz, shareholder and managing director at Stearns Weaver Miller.”The physical and technological improvements we’ve made over the years, coupled with our Flagler Street location and proximity to the courthouse, puts us in position to remain efficient while serving our clients.”
Stearns Weaver Miller has undertaken a series of office upgrades over the years, including the addition of a full-service mock courtroom. The firm is planning additional improvements to its new space, while upgrades along Flagler Street will enhance the streetscape outside Museum Tower.
Museum Tower is a 29-story, 243,166-square-foot, 4-Star office tower constructed in 1987 in downtown Miami. It features 12-foot slabs, on-site banking and restaurant, and covered parking.
“Miami’s legal sector is thriving as new investment pours into the market, putting law firms in position to grow their practices while making smart, forward-looking improvements to their offices,” explains Carol Brooks, president and co-founder of CREC. “Though Stearns Weaver Miller could have moved to any number of Class-A buildings, they are doubling down on Flagler Street because they value the investments they’ve made in their offices to date and believe this location puts them in position to grow.” Carol Brooks and Steven Hurwitz, senior vice president with CREC represented the tenant. Kirk Fetter, vice president with Dallas-based Gaedeke Group represented the landlord in-house.