MIAMI—Another firm has set up regional headquarters for its Latin American business division in Miami. Berkley Insurance Company, a member company of W.R. Berkley Corporation, just signed a 21,363-square-foot office lease at 600 Brickell at Brickell World Plaza.
Noël Steinfeld, senior vice president at JLL, completed the lease transaction on behalf of the tower's developer, Foram Group. Jack Lowell, executive vice president at Pointe Group Advisors, represented Berkley. Financial terms of the lease were not disclosed.
“W. R. Berkley Corporation's decision to open its regional headquarters for Latin America at 600 Brickell not only cements the property's position as an address of choice for national and international tenants, but also represents a win for Miami's business community,” says Steinfeld. “The new-to-market tenant marks the latest US-based international company to expand to Miami due to the city's gateway status to Latin America, favorable business climate and abundance of lifestyle and cultural amenities.”
The class A office tower was the first in Florida to earn LEED Platinum certification from the US Green Building Council. Located in the heart of Brickell, is home to restaurants and a Northern Trust banking branch. Other tenants include law firm Hogan Lovells, and Crédit Agricole Private Banking Miami.
“The opening of our regional headquarters for Latin America in Miami will allow us to further expand in the region and meet the needs of our international client base,” says William R. Berkley, chairman and CEO of W. R. Berkley. “Our office at Brickell World Plaza will allow us to have a location in the heart of Miami's premier business hub and to contribute to the city's growing professional workforce.”
Founded in 1967, W. R. Berkley is an insurance holding company that is among the largest commercial lines writers in the United States and operates in three segments of the property casualty insurance business: insurance-domestic, insurance-international and reinsurance-global. The firm has its corporate headquarters in Greenwich, Connecticut.
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