Lease roundup: Monarch, Tourmaline ink tenants at 801 Brickell

In other deals, a securities exchange will open an office at 545wyn

Moonarch, Tourmaline Capital, Sterling Bay Sign Tenants
Monarch Alternative Capital’s Michael Weinstock and Tourmaline Capital Partners’ Brandon Huffman with 801 Brickell Avenue (Monarch, LinkedIn, Colliers)

Puente Servicios Financieros, More | Brickell 

The 801 Brickell office tower scored four new tenants and one lease renewal. 

Global investment banking company Puente Servicios Financieros renewed its 2,800-square-foot lease at the tower at 801 Brickell Avenue in Miami, according to a news release from the deal brokers. 

In the new deals, modern manicure franchise Glosslab took 860 square feet, marking its first Brickell outpost. Also, beauty corporation Belcorp took 7,700 square feet; law firm Venable took 17,900 square feet; and global aviation leader Aercap took a full floor, according to the release. 

Stephen Rutchik and Tom Farmer of Colliers closed the deals. 

Monarch Alternative Capital and Tourmaline Capital Partners bought the 28-story 801 Brickell tower last month for $250 million, marking the biggest South Florida office deal this year. 

Sign Up for the undefined Newsletter

Nuveen Real Estate was the seller. 

MIAX | Wynwood

Securities exchange MIAX, or Miami International Holdings, leased office space in Miami’s Wynwood

The firm leased 38,400 square feet at 545 Northwest 26th Street, Commercial Observer reported, citing an Avison Young market report. MIAX will open in the second half of next year. 

The deal marks the firm’s second Miami outpost, with its other office being at 1450 Brickell Avenue in Miami. 

Chicago-based Sterling Bay developed the 10-story 545wyn. 

Read more