Lease Details
DWNTWN Realty recently facilitated a high-profile lease for a 4,000 SF office space with a private outdoor terrace in the Miami Design District. This lease represents the latest addition to the Design 41 Office Tower marking a significant success for DWNTWN Realty Advisors .
- About The Lease: Foster and Partners leased 4,000 SF at Design 41.
- Luxury Office Space: The lease includes high-end office features, including private terraces and panoramic views, adding to the luxury appeal of the property.
- Full Lease-Up Success: This lease contributes to Design 41 reaching full occupancy, highlighting DWNTWN Realty’s capability in securing premiere tenants.
Tenant Overview
The tenant, Foster and Partners, is a world-renowned architectural firm known for its groundbreaking designs that reshape skylines and redefine modern living. With projects spanning continents, their move into Miami’s Design District reflects their vision for combining architectural innovation with vibrant, inspiring surroundings. Bringing their prestigious name to Design 41 further elevates the property’s reputation within the global design community.
Property Description
Design 41 is a striking office tower that seamlessly integrates high street retail with sophisticated luxury office space.
- Modern Glass Facade: The building’s glass facade glistens under the Miami sun, offering a stunning visual and creating a sleek, modern profile.
- Panoramic City Views: Positioned at 112 NE 41st Street, providing sweeping, panoramic views of Miami’s eclectic skyline, allowing tenants to experience the vibrant energy of the city.
- Private Outdoor Terrace: The new Foster and Partners office features a private outdoor terrace, ideal for creative sessions and relaxation, with dynamic views of the bustling streets below.
- Prestigious Retail Tenants: The lower levels host notable tenants such as Breitling Watches, whose boutique serves as an anchor to the building’s retail prestige.
- Luxury Showroom: Bosch Gaggenau‘s penthouse showroom captures Miami’s energy with high-end sophistication, adding to the building’s luxury credentials.
Local Area
The Miami Design District is synonymous with culture, creativity, and luxury. The area is home to numerous landmarks, including:
- Upscale Boutiques: Gucci, Louis Vuitton, and Prada.
- Art Galleries: Institute of Contemporary Art.
- Trendy Eateries: Swan, Mandolin Aegean Bistro, and Michael’s Genuine Food & Drink.
- Historic Landmarks: The Moore Building.
- Luxury Hotels: The Ritz-Carlton Residences.
- Public Art Installations: Works by renowned artists like Urs Fischer and Buckminster Fuller.
Streets lined with fashionable visitors and architectural marvels make the Design District a sensory experience unlike any other in Miami. This neighborhood is the heartbeat of innovation—the perfect setting for tenants who thrive on inspiration and exclusivity.
DWNTWN Realty’s Market Expertise
DWNTWN Realty Advisors is a broker specializing in commercial real estate sales and leasing in Miami. Tony Arellano P.A. and Joe Fernandez represented the landlord.
- Successful Repositioning: Attracted premium tenants and set new rent records for both office and retail spaces.
- Expert Representation: Tony Arellano P.A. and Joe Fernandez led landlord representation and marketing.
Conclusion
DWNTWN Realty’s work at Design 41 showcases their unparalleled ability to identify opportunities, set market trends, and create value for landlords and tenants alike. From revitalizing a mostly vacant building to full occupancy with tenants like Foster and Partners, DWNTWN Realty has established itself as the go-to brokerage for luxury office and retail space in Miami. This case study is just one example of how DWNTWN Realty is redefining Miami’s skyline and commercial landscape.
Success Stories