CORAL GABLES, FL—In what is being pegged as the largest leasedeal here so far this year, UBS has renewed itslease for 43,500 square feet of space at the 550 Biltmore officebuilding here.
The 12-year lease renewal deal at the 162,293-square-footbuilding was announced by Taylor & Mathis,which represented the owner AEW in thetransaction. Taylor & Mathis Director of Leasing RyanHoltzman represented the building owner while TonyJones of Cushman & Wakefield handled discussions forUBS.
“We are ecstatic that UBS decided to keep their domestic andinternational operations at 550 Biltmore. AEW spent millions ofdollars over the past three years to upgrade the iconic building,including the lobby, elevators and common areas. This gave us ourbest chance to renew UBS, which paid off,” says Holtzman.
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John Jordan
John Jordan is a veteran journalist with 36 years of print and digital media experience.
