MIAMI, April 2, 2025 – Cushman & Wakefield announced the commercial real estate services firm represented the landlord, an affiliate of Morning Calm Management, in signing four new office leases totaling 40,000 square feet at 701 Brickell. These include a 10,000-square-foot lease with Blue Owl, an 11,000-square-foot lease with Core Scientific, a 5,000-square-foot lease with Verition Capital and a 14,000-square-foot lease with XP Securities.
Brian Gale and Edward Quinon of Cushman & Wakefield represented Morning Calm Management in the lease negotiations. Cushman & Wakefield has been overseeing leasing efforts for 701 Brickell since April 2019. Currently, the building is 94% occupied and has historically attracted a variety of tenants in the financial services industry.
“701 Brickell is a cornerstone of the Brickell office market, and these new leases reflect continued momentum from top-tier firms in Miami. We’re proud to see blue-chip companies select 701 as their Miami home, and we’re committed to maintaining a best-in-class experience for our tenants as the building continues to attract market leaders,” said Bryan Zenchyk, Chief Operating Officer at Morning Calm Management.
701 Brickell spans 33 stories and is situated on Brickell Avenue while also fronting Biscayne Bay. The LEED Gold Certified and Energy Star labeled building features efficient floorplans with unbeatable bay views, newly renovated lobby, a conference facility, tenant only fitness center, covered parking accessible from Brickell Avenue or SW 8th St., and various on-site retail establishments including Pura Vida. 701 Brickell is also at the center of Miami’s Brickell financial and tech neighborhood and located near 31 distinct transit routes.
“701 Brickell continues to lure the top financial service tenants coming from all over the country, as they begin to plant their flags in Miami. This trophy asset has been over 90% leased for many years, as new to market tenants have chosen 701 as their business address,” said Brian Gale, Vice Chairman, Cushman & Wakefield.