As financial, professional services, technology and other major corporate firms look to establish their presence in South Florida, A-CAP, a premier insurance and financial services company with over $6 billion in assets under management, will become the latest company to debut its new office at 830 Brickell in Miami’s Brickell Financial District. The 55-story, 640,000 square foot class A-plus office tower, which is currently under construction, is being developed in partnership by OKO Group and Cain International. Headquartered in New York with offices around the country, A-CAP signed a full floor, 20,000 square-foot lease for the building’s 35th floor.
A-CAP has become the latest financial services firm to lease space at 830 Brickell, joining private equity firm Thoma Bravo, CI Financial, aviation finance firm AerCap, and Marsh Insurance. 830 Brickell is already more than 60% leased ahead of its late-2022 completion and has attracted additional top-tier office users, including Microsoft, WeWork, and others. The tower’s leasing team is actively negotiating terms and entertaining interest from prospective tenants whose space requirements exceed the balance of the building’s remaining inventory.
“A-CAP’s decision to open a Miami office at 830 Brickell reaffirms the tower’s position as the premier location for financial firms and talent in the South Florida market,” said Vlad Doronin, Chairman and CEO of OKO Group, and Jonathan Goldstein, CEO of Cain International. “830 Brickell’s growing roster of innovative tenants has shaped Brickell into one of the most desirable office submarkets in the United States and will serve as a magnet for other finance, investment, tech, and professional services firms looking to make the move here.”
“A-CAP is excited to open its new office at 830 Brickell. The building is an A-plus facility and is located at the heart of Miami’s Financial District. We look forward to calling 830 Brickell A-CAP's new home,” said Kenneth King, Chairman and CEO of A-CAP.
830 Brickell’s ownership was represented by Cushman & Wakefield’s Brian Gale, Ryan Holtzman and Andrew Trench. A-CAP was represented by Jennifer Goldstein of Douglas Elliman Real Estate.
“The new-to-market leasing activity we’re seeing for Brickell/Downtown Miami’s Class A market represents how a growing number of companies around the world are looking to establish or expand their footprint in South Florida, with 830 Brickell as the trophy address of choice. What's interesting about A-CAP's deal is that the firm expanded to a full floor after realizing more folks wanted to move to Miami, which we believe we’ll continue to see as Miami grows as a global gateway city. When you factor in tax savings, the quality of life benefits, and diversity of our talent pool, it’s no surprise why people and companies are relocating here,” said Ryan Holtzman of Cushman & Wakefield.
830 Brickell was designed by renowned architecture firm Adrian Smith + Gordon Gill, with interiors by Italian architecture and design company Iosa Ghini Associati.
The tower’s amenities will include a rooftop bar/lounge and restaurant – with menus developed alongside a three-Michelin-starred chef – showcasing expansive views of the City and Biscayne Bay, a world-class health and wellness center, conferencing facilities, an outdoor terrace, cafeìs and street-level retail. Multiple transit options are nearby, including Metrorail and Metromover, the Brightline, walking paths, cycling lanes and bay access points. Additionally, some of Miami’s top residential and lifestyle-driven neighborhoods are situated just minutes away, such as Miami’s Design District, Wynwood, Edgewater and Miami Beach.
