The Real Deal Miami

Regus, Banco Popular ink leases at Aventura building

Regus will lease 12,000 sf; Banco Popular will lease 4,000 sf

December 21, 2015 09:45AM
By Katherine Kallergis

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Turnberry Plaza

Turnberry Plaza

Turnberry Plaza in Aventura has inked two new tenants: Regus and Banco Popular.

Regus, the world’s largest shared office provider, will lease the entire fifth floor at the building, at 2875 Northeast 191st Street. The 12,000-square-foot space will open during the second quarter of next year, leasing agent Barrett Wolf of Turnberry Asset Management told The Real Deal.

Regus also has locations in Boca Raton, Coconut Grove, Coral Springs and Doral, among other South Florida cities. The company opened a second Gables location at the Columbus Center in September.

Banco Popular signed a long-term lease for 4,000 square feet at the property, which is undergoing a multimillion-dollar renovation. International Sales Group also renewed its lease in a 12,000-square-foot space.

Wolf is the building’s exclusive leasing agent. Turnberry Plaza Ltd. owns the 10-story, 118,000-square-foot building, which was constructed in 1985. It’s valued at $19.7 million, according to the Miami-Dade County Tax Appraiser.