MIAMI-The law firm Hunton & Williams, the largest tenant inthe former Mellon Financial Center, now Sabadell Financial Center,on Brickell Avenue, with nearly 63,000 square feet, renewed itslease for 10 years in late spring, a span which includes theremainder of the existing lease.

Hunton & Williams had leased three floors, but sublet someof that space to another tenant and there was a little more spacethey were not using besides, so the landlord took back both spaces,says Jack Lowell, vice president at Coral Gables-based Flagler RealEstate Services, who, along with Adriana Jimenez, Flagler's leasingdirector, brokered the deal for the landlord, TESTA, SA, a Spanishcompany. Ocean Club, the subtenant, had a little over 7,000 squarefeet and the additional space that Hunton & Williams no longerwanted was less than 5,0000 square feet, so 12,000 square feet wasreturned to the landlord.

Although the lease was not up until early next year, as acondition of the law firm staying, the landlord took back the spacefrom Hunton & Williams, says Lowell. The firm has two and ahalf floors, he says. In addition to taking back space, saysLowell, the landlord gave concessions to Hunton & Williams, inthe form of lower rent and tenant improvement dollars.

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