MIAMI—MetLife's Wells Fargo Center just inked a string ofleases—two with new-to-market tenants. The 47-story tower inDowntown Miami has signed deals with Dentmall of Florida, MotoCapital, Berkadia Commercial Mortgage, and La PrairieGroup.

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All told, the companies leased 13,402 square feet in thebuilding. The string of new deals followers Price WaterhouseCoopers' relocation fromBrickell to the Wells Fargo Center earlier this year. PwC leased43,277 square feet at the tower.

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Taylor & Mathis principal BrianGale, along withand leasing directors RyanHoltzman and Andrew Trench, representedMetLife. Mathis says, “We are seeing more new to market tenantstoday than I've seen in the 22 years I've been leasing space inDowntown Miami.”

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Dentmall of Florida, new-to-market tenant, leased 4,598 squarefeet. Brazilian Hedge Fund Moto Capital, also new-to-market, isopening its first US office at Wells Fargo Center. TonyJones of Cushman & Wakefieldrepresented Moto in the 3,5000-square-foot lease.

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Ryan Levy of Cushman &Wakefield represented Berkadia in its 2,667-square-footlease. La Prairie is upgrading its office space, relocating fromNew World Tower to 2,637 square feet at Wells Fargo Center. Jonesrepresented the skin care company.

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Other tenants in the building include Wells Fargo Bank,Greenberg Traurig, GrayRobinson, Deloitte, McDermott, Will &Emery and Littler Mendelson PA. The office building shares a sitewith a JW Marriott Marquis hotel and the first Hotel Beaux Arts,part of the Marriott International luxury group.

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In this new-to-market tenant equation, who has the upper hand:the tenant or the landlord? Alan Kleber, a managing principal atCresa South Florida, tells GlobeSt.com there are pockets ofbuildings that could cut either way as being soft or opportunisticand those that are well capitalized with strong operating metricsthat are going to drive a premium comparable to the market.

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"The office market is highly nuanced as there are many factorsdriving both landlord and tenant motivations and thus dealstructures," Kleber says. "I have been in the business long enoughto know a crystal ball does not exist and the fundamentals of dealmaking is being played in both the macroeconomic and microeconomicenvironment and often times the line graphs do not intersect.”

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