MIAMI—Southeast Financial Center is on a law firm leasing roll.After signing international law firm Bryan Cave to a10,000-square-foot lease, JLL inked a deal withnational law firm Fox Rothschild.

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Fox signed a new lease for 6,101 square feet of officespace after spending its first year as a new-to-market lawfirm in Coral Gables. Fox will take down officespace on the 35th floor of the 1.225 million-square-footoffice tower in Downtown Miami.

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According to Donald Cartwright, senior vicepresident at JLL, the exclusive leasing agent for the tower,Southeast Financial Center has inked over 600,000 square feet ofleases with professional service firms over the past several years.The office building is home to 26 law firms, 14 of which arecurrently listed on the 2013 National Law Journal list of top 350law firms.

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“Our newest transaction with Fox Rothschild transaction marksthe fifth national law firm to sign a lease at Southeast FinancialCenter in the past six months, underscoring ownership's long-termcommitment to excellence of the asset is paying dividends,” saysCartwright. He works with JLL vice president NicoleVassilaros to lease Southeast Financial Center.

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With nearly 600 attorneys practicing in 19 offices throughoutthe United States, Fox represents corporations in over 50countries. According to The National Law Journal, the firmhas been climbing the ranks of the nation's 250 largest firms formany years. Says Vassilaros, “Law firms are an integral part ofMiami's real estate activity and economic improvement as evidencedby the uptick in leasing transactions—both new leases andrenewals—shown in recent market reports.”

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This Fox deal coincides with an $8.15 million investment tomodernize, drive efficiencies and otherwise enhance the tenantexperience. Since taking 100% ownership of the building in late2008, institutional investors advised by J.P. Morgan AssetManagement - Global Real Assets have invested more than$20.5 million on capital improvements at Southeast FinancialCenter.

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