MIAMI—Southeast Financial Center just inked the fourth-largest lease of the year in Miami's CBD. Global law firm White & Case LLP signed a long-term lease renewal for 57,954 square feet.

One of the building's long-standing tenants, White & Case established its Miami office more than 25 years ago. The firm is taking down three full floors of office space in Florida's tallest office building.

“The firm decided to establish a presence in the Southeast Financial Center in 1987 because it was the premier address in South Florida and offered our firm and clients the very best in amenities,” says Christian Hansen, office executive partner of White & Case in Miami. “We continue to believe this is the case and thank the building's owners and management for their productive and proactive approach to our negotiations and for helping to ensure that we will be able to continue to provide a 21st century work environment for our clients, as well as our partners, associates and staff.”

According to Jones Lang LaSalle, active demand for Miami office space to lease by tenants currently touring the market is 1.79 million square feet, with law firms demanding the most total square footage at roughly 376,000. Within this sector, technological advancements and generational factors are influencing real estate requirements. In line with this growing trend, White & Case is currently in the design phase for a more efficient floor plan and a state-of-the-art legal environment as part of its renewal.

“White & Case is an example of how Southeast Financial Center continues to attract and retain the highest caliber tenants through its ability to respond to the growing desire to blend efficient design with professional service needs,” says Donald Cartwright, senior vice president at with JLL. Cartwright and JLL vice president Nicole Vassilaros are the exclusive leasing agents for Southeast Financial Center.

"In recent years, new buildings have come online in Miami's CBD which attracted some companies to have a 'flight for new' mentality,” Cartwright says. “However, Southeast Financial Center's advanced design and floor plan elements allow for current space efficiencies to always be met, making it one of the most flexible and sought after locations.”

With about 1 million square feet under occupancy, Southeast Financial Center is home to 23 law firm tenants which span nearly 415,000 square feet of space, eight of the which are currently listed on the 2013 Am Law 200. White & Case was represented by Tere Blanca, founder and CEO of Blanca Commercial Real Estate.