The Real Deal Miami

Miami’s SunTrust International Center inks leases

Owner Crocker Partners' new tenants include HBA Architects, Italian Trade Commission
SunTrust International Center's renovations

SunTrust International Center’s renovations

SunTrust International Center in downtown Miami has signed leases for more then 72,000 square feet, Cushman & Wakefield announced on Thursday.

The firm’s leasing team of Senior Director Jon Blunk, Senior Associate Cristina Glaria, and Director Laurel Oswald said they brokered 19,496 square feet of new leases, 4,826 square feet of lease expansions, and 47,946 square feet of renewals, representing building owner Crocker Partners.

The 31-story, 449,000-square-foot, Class A office tower, is at 1 Southeast 3rd Avenue.

The leases included Marcum’s renewal of 14,000 square feet and U.S. Legal Support’s 10,000 square foot renewal/expansion. New tenants to the building include Adstream America, HBA ArchitectsCogent Communications, Bressler Amery & Ross, Q-nomy, and the Italian Trade Commission.

Akerman LLP is moving out of the office building and into Brickell City Centre later this year, leaving 116,000 square feet vacant.

Cushman & Wakefield said much of the leasing activity comes on the heels of Crocker Partners’ $15 million capital improvement project. Completed in April, the upgrades included 20,000 square feet of new speculative Class A office suites, a 4,000-square-foot Bayview Sky Terrace, a new tenant fitness center, and a new conference facility.

Crocker Partners paid $82.4 million for the office tower in August 2011, according to Miami-Dade property records. It was built in 1969. — Ina Cordle