Wachovia complex signs $17 million in leases

After losing several tenants to new buildings like 1450 Brickell,
downtown Miami’s Wachovia Financial Center has signed lease renewals and
some expansions with firms in deals worth a total of $17 million. Duane
Morris, one of America’s largest law firms, signed a seven-year renewal
for 22,822 square feet; Porsche Latin America signed a five-year lease
renewal and will expand its Latin American headquarters to 5,881 square
feet. Another law firm, Houck Anderson, signed an early renewal
extension for 10 years and 15,678 square feet, with an expansion of
1,445 square feet. The most notable tenant to relocate from Wachovia was
law
firm Bilzin Sumberg, which signed a lease for 80,000 square feet at
1450 Brickell. [SFBJ]