Brian Gale and Andrew Trench Represented the Landlord, Tony Jones and Jeff Holding Represented the Tenant
MIAMI, September 28, 2018 – Cushman & Wakefield has negotiated a 20,511-square-foot lease at Datran Center, a two-building, Class A office property in the Miami area. The lease marks the largest relocation to Miami’s Dadeland/Kendall submarket this year.
Vice Chairman Brian Gale and Managing Director Andrew Trench represented the landlord, IP Capital Partners, a private real estate investment and asset management firm headquartered in Boca Raton. Executive Director Tony Jones and Executive Director Jeff Holding represented the tenant, Kubicki Draper, a defense litigation law firm, which is relocating from 25 W. Flagler St. in downtown Miami.
Datran Center consists of two 17-story buildings totaling approximately 475,000 square feet, as well as an attached 300-room Marriott hotel. It is directly connected to the South Dadeland Station of the Metrorail Rapid Transit System, offering an easy commute to downtown Miami and Miami International Airport. The office building is currently undergoing a major lobby renovation, which is representative of the landlord’s willingness to invest in and enhance the property.
“Kubicki Draper relocating from downtown Miami to Datran Center is an example of a continuing trend in which companies want to be closer to where their employees live and to mass transit,” said Gale. “Datran Center is a premier office property in a great location, and the attached Metrorail station adds another layer of convenience for our tenants.”
Datran Center is 93 percent leased. Cushman & Wakefield was retained to handle leasing for the property in 2016 and has since leased over 65,000 square feet.
The property is highly visible, just off U.S. 1, near the intersection of Palmetto Expressway and Kendall Drive. The Kubicki Draper lease is at Datran I, at 9100 S. Dadeland Blvd. The adjacent Datran II is at 9130 S. Dadeland Blvd.
About Cushman & Wakefield
Cushman & Wakefield (NYSE: CWK) is a leading global real estate services firm that delivers exceptional value by putting ideas into action for real estate occupiers and owners. Cushman & Wakefield is among the largest real estate services firms with 48,000 employees in approximately 400 offices and 70 countries. In 2017, the firm had revenue of $6.9 billion across core services of property, facilities and project management, leasing, capital markets, advisory and other services. To learn more, visit www.cushmanwakefield.com or follow @CushWake on Twitter.
Communications Specialist, Florida