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Cushman & Wakefield Announces First Lease Signed at Related Group’s New Coconut Grove HQ

7/21/2020
Cushman & Wakefield, as the exclusive leasing advisor, has arranged a ±6,000-square-foot lease with Ratzan Weissman & Boldt at 2850 Tigertail, a new boutique office building in Miami’s Coconut Grove.

2850 Tigertail

The Cushman & Wakefield leasing team of Jeanette Mendoza, Brian Gale, Ryan Holtzman, Andrew Trench and Lena Weeks represented Related Group, a Miami-based developer, in the lease negotiations. Related Group plans to relocate its headquarters from downtown Miami to 2850 Tigertail upon the building’s completion, slated for January 1, 2021. The firm will occupy the top two floors of the eight-story building for a total of approximately 45,000 square feet.

“We are excited to move into a brand new, Class A building developed by The Related Group in the heart of Coconut Grove,” said Stuart Ratzan of Ratzan Weissman & Boldt. “As a long-time resident of the Grove, I can’t imagine a better place to move our law offices. The offices will be beautiful, easy to access, and in the midst of a colorful and fun place to be.”

Ratzan Weissman & Boldt, which is relocating from 1450 Brickell, specializes in personal injury, medical malpractice, product liability and commercial trials. The law firm was represented by JLL’s Will Morrison and John Marshall.

“We are extremely excited to announce that we have completed our first lease at 2850 Tigertail so early in the construction process,” said Trench. “Ratzan Weissman & Boldt fits the ideal tenant profile we are targeting for this building. Their professional, high-end practice will fit perfectly with Related Group and the other prospects we are working with."

2850 Tigertail, situated at the corner of Tigertail Avenue and Mary Street in the heart of Coconut Grove. Designed by Miami-based Arquitectonica, the building will feature floor-to-ceiling glass windows, terraces with glass railings, and views of Biscayne Bay, as well as museum-quality art from the private art collection of Related Group CEO Jorge Pérez. The project also includes ground-floor restaurant space available for lease.

“2850 Tigertail will be the highest quality boutique office building in Coconut Grove, and arguably all of Miami,” Trench added. “It’s no secret that the Grove is Miami’s most idyllic, dynamic and historic neighborhood, but it has never had a Class A office market. Related Group is proving that it is viable with this project.”

Added Holtzman, “Coconut Grove is experiencing an urban renaissance. It is no coincidence that Related Group and Ratzan Weissman & Boldt have decided to re-locate to this vibrant and iconic area. This is further affirmation that Coconut Grove is ready to become a true hub for global business.”

From its exceptional Coconut Grove location, 2850 Tigertail will offer tenants convenient access to an array of walkable shopping and dining options.

About Cushman & Wakefield
Cushman & Wakefield (NYSE: CWK) is a leading global commercial real estate services firm for property owners and occupiers with approximately 52,000 employees in nearly 400 offices and 60 countries. In 2023, the firm reported revenue of $9.5 billion across its core services of property, facilities and project management, leasing, capital markets, and valuation and other services. It also receives numerous industry and business accolades for its award-winning culture and commitment to Diversity, Equity and Inclusion (DEI), sustainability and more. For additional information, visit www.cushmanwakefield.com.

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