Miami office space rents have broken a new record, according to the FT and Bloomberg.
The reports say that Brazil’s Banco Master leased 26,000 square feet of space at 830 Brickell for around $190 per square foot.
That’s a record price for Florida, and “on par with Manhattan’s priciest office space.”
830 Brickell is now 100% leased.
It will become the tallest office tower ever built in Brickell, at 55 stories and 724 feet.
Completion has now been pushed back to Spring 2025, the Bloomberg report said.