The Real Deal Miami

Market for executive office space heats up

By Jennifer LeClaire | August 07, 2008 02:36PM

Competition between leasers of executive office space is set to heat up. Fifty-five offices spread over 12,000 square feet in a Class A building in Aventura are now available for leasing.

The project, which is holding its grand opening today, was launched by Daniel Serber, Sergio Waissmann and Raul Pacheta. Like other similar office spaces, their project targets mobile professionals, growing businesses and downsizing companies. Also on offer will be so-called virtual office space, which is leased to tenants who need a physical address but not much more.

“So many companies are looking to optimize their costs. We provide a solution that helps accommodate growth, whether that’s a branch office or a temporary office for executives coming in for abroad,” Waissmann said. “Other companies are downsizing operations, but want to maintain a presence in the market or maintain a professional appearance through a virtual office,” he continued.

Presently there are numerous firms that offer executive office space in Miami, such as Office Suites Plus, Alliance, Urbis and Goldbetter.

One way OfficeOne is hoping to differentiate itself is by offering plusher office space as well as by offering discounts to area hotels, fitness centers and restaurants.

New tenants will be able to choose between short and long term leases.

Altogether 55 executive offices with adaptable floor plans are available. Monthly leasing prices start at $1,350 a month whereas virtual office packages start at $99 a month.

The office provides all the amenities of a normal office, like internet access, a receptionist and parking.

The team spent $8.5 million on the project and on a similar set-up in Buenos Aires, Argentina, scheduled to open in September.