(Crystal Proenza is associate editor of Real Estate Florida.)

MIAMI, FL-It has been speculated since earlier this year that international law firm Greenberg Traurig LLP was looking to leave its current 160,000 sf at 1221 Brickell when that lease expires in 2010. Now the firm has officially announced its future move to Met 2, a 700,000-sf, 47-story speculative office tower under construction on SE Second Avenue.

Greenberg has signed a lease to occupy 150,000 sf by fall 2010, says Jack Lowell, managing director of Flagler Real Estate Services/Oncor International, which handled the transaction on behalf of Met 2 owner MDM Development. Greenberg represented itself in the deal. Daily Business Review, a Miami-based newspaper related to GlobeSt.com, reports that a spokeswoman revealed that the 15-year lease was in the “mid to high $40s per sf.”

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.