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Commercial
South Florida

Lease roundup: Cigna renews at Sawgrass, Gucci opens at Dadeland Mall

Health insurer takes up half of four-story building at corporate park in Sunrise

Sawgrass Corporate Centre II at 1571 Sawgrass Corporate Parkway, Vanderbilt Office Properties’ Casey Wold, Barron Collier Companies’ Blake Gable; Gucci store at Dadeland Mall, Simon Property Group's David Simon, Stoneridge Mall, Pleasanton (Simon Property Group, Getty, Avison Young, vanderbiltop, barroncollier, Gucci)
Sawgrass Corporate Centre II at 1571 Sawgrass Corporate Parkway, Vanderbilt Office Properties’ Casey Wold, Barron Collier Companies’ Blake Gable; Gucci store at Dadeland Mall, Simon Property Group's David Simon, Stoneridge Mall, Pleasanton (Simon Property Group, Getty, Avison Young, vanderbiltop, barroncollier, Gucci)

Cigna | Sunrise 

Sawgrass Corporate Centre II building at 1571 Sawgrass Corporate Parkway (Avison Young)

Cigna’s health care and life insurance subsidiary is staying in Sunrise. 

Cigna Health and Life Insurance Company renewed its 47,900-square-foot lease of two full floors at the Sawgrass Corporate Centre II building at 1571 Sawgrass Corporate Parkway, according to a news release from the landlords’ brokers. 

Greg Martin was part of the Avison Young team that represented the landlords. CBRE represented the tenant. 

Chicago-based Vanderbilt Office Properties and Naples, Florida-based Barron Collier Companies own the four-story, 91,200-square-foot Sawgrass Corporate Centre II building. The pair paid $20.8 million for the property in 2019, records show. The building is within Sawgrass International Corporate Park. 

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Vanderbilt is led by Casey Wold, and Barron is led by Blake Gable. 

Gucci | Dadeland Mall 

Gucci at Dadeland Mall (Gucci)

Gucci opened a boutique in Dadeland Mall. 

The luxury fashion brand’s 6,000-square-foot store features handbags and accessories, including items from the Gucci Valigeria collection, according to the tenant’s news release. 

Simon Property Group owns Dadeland Mall at 7535 Southwest 88th Street in the Kendall neighborhood of unincorporated Miami-Dade County. Simon Property is led by David Simon.