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Private Equity Powerhouse Thoma Bravo Signs Long Term Office Lease At OKO Group's 830 Brickell

The San Francisco-based Thoma Bravo has announced a milestone in its expansion to Florida as Miami continues to attract some of the largest tech, financial and investment firms to its growing epicenter. Thoma Bravo, which is one of the country’s largest private equity firms focused on the software sector, has signed a lease for 36,500 SF of space in 830 Brickell. Cushman & Wakefield represented the development partnership between OKO Group and Cain International while CBRE represented Thoma Bravo.

“I am so excited to welcome Thoma Bravo to our great city and I want to congratulate the team on finding a home in one of the most cutting-edge buildings in the Brickell neighborhood,” said City of Miami Mayor Francis Suarez. “I have thoroughly enjoyed getting to know Orlando and I know that he and his firm share our vision for a Miami that sits amongst the most innovative and adaptive cities in the world.”

Thoma Bravo Founder Orlando Bravo relocated to Miami late last year, and Partner Chip Virnig and other existing members of the Thoma Bravo team have already moved to the Miami region to begin extending the firm’s business and brand. Thoma Bravo is excited to grow its Miami presence through the recruitment of new and diverse talent in the region and to tap into the region's rich and growing community of tech entrepreneurs.

“Miami’s rich diversity and fast-growing technology and business hubs make it the ideal location for Thoma Bravo as we expand our business,” said Orlando Bravo, Founder and a Managing Partner at Thoma Bravo. “I want to thank Mayor Suarez for his support and encouragement in our decision to establish a new presence in Miami. We look forward to driving growth and innovation in the region as well as doing our part to contribute to the vibrant local community.”

Currently under construction, 830 Brickell is an AS+GG-designed 55-story trophy Class A-plus office building located in the prestigious Brickell Financial District. The project is a joint venture development between Vlad Doronin’s OKO Group and Cain International and is expected to be delivered in 2022.

830 Brickell will feature spectacular only-in-Miami panoramic ocean and city views, floor-to-ceiling windows, column-free spans, state-of-the-art digital infrastructure with Wired certification and a LEED Silver certification due to its progressive environmentally efficient design. The tower offers tech-forward, first-class amenities including an upscale rooftop restaurant and bar, a sky lobby with a nearly 2,500 SF health and wellness center and first-class conference facility, a 14th floor outdoor terrace designed by Enea Landscape Architecture, valet parking, electric vehicle charging stations, cafés and white-glove customer service including a 24-hour concierge.

“830 Brickell is the perfect home for Thoma Bravo Miami given its location in the city’s thriving business center and proximity to some of Miami’s best outdoor spaces,” said Chip Virnig, a Partner at Thoma Bravo. “We look forward to joining Miami’s growing finance and technology communities and providing a culturally enriching environment for our employees in this exciting new chapter for our firm.”

Thoma Bravo will occupy roughly 36,500 square feet on the two top floors and establish a state-of-the-art, flexible workspace to accommodate the firm’s growing employee base. Thoma Bravo expects to open its office at 830 Brickell in the fourth quarter of 2022, following the completion of construction. Thoma Bravo’s Miami-based employees have already begun working from a temporary office space.

Images via OKO Group/Cain International

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