WeWork to open at Southeast Financial Center in downtown Miami

The co-working giant has leased 90K sf of office space in the 55-story tower

TRD MIAMI /
Jun.June 07, 2019 10:30 AM
WeWork CEO Adam Neumann and the building

WeWork CEO Adam Neumann and the building

UPDATED June 7, 1:20 p.m.: WeWork continues its rapid expansion in Miami.

The co-working giant leased about 90,000 square feet of office space in the Southeast Financial Center, Miami’s tallest office building. WeWork will occupy four full floors in the 55-story building at 200 South Biscayne Boulevard.

WeWork will open in phases, with two floors opening by the end of 2019 and the other two slated to open by summer 2020, the company said in a release.

JLL’s Matthew Goodman and Jeffrey Gordon represented WeWork in the lease negotiations. JLL’s Eric Groffman and Don Cartwright represented Southeast Financial Center’s ownership in the deal.

WeWork’s footprint in Florida will now total nearly 750,000 square feet. It has seven other locations open or planned in Miami-Dade County, including two in Miami Beach, two on Brickell, one in Coral Gables and another in downtown Miami. In February, WeWork announced it is moving into 30,000 square feet of office space in Wynwood.

Spanish billionaire Amancio Ortega, whose holdings include the fashion retailer Zara, paid $500 million for the Southeast Financial Center in 2016.


Related Articles

arrow_forward_ios
Marinablue (Credit: Google Maps)

Miami condo tower shuts down amenities due to confirmed coronavirus case

Sandeep Mathrani and the Four Seasons Residences at The Surf Club (Credit: Four Seasons)

WeWork CEO buys condo at Four Seasons in Surfside

Russell Galbut and Harvey Hernandez, with Natiivo

Office condos planned at Russell Galbut and Harvey Hernandez’s Natiivo

Mauricio Zapata, Lyle Chariff, and Luis Guevara, with a rendering of NeueHouse Miami

Co-working operator NeueHouse expands to Miami

Rendering of Grand Station project, Oscar Rodriguez, Alex Rodriguez, and Ricardo Vadia (Credit: Michael Loccisano/Getty Images)

Grand Station tower project in downtown Miami scores $53M loan

Laura Hines-Pierce and Jeff Hines

Hines CEO talks coronavirus, Opportunity Zones and WeWork

A photo illustration of Pat O’Meara, the historic Security Building at 117 Northeast First Avenue with former WeWork CEO Adam Neumann (Credit: Google Maps, Getty Images, iStock)

Inside the failed crypto auction of a WeWork-leased office tower

Renderings of the project with Yair Levy

Diamond in the rough? Downtown Miami Metro Mall to get $35M makeover

arrow_forward_ios
Loading...