Mastercard International Renews Lease at 801 Brickell
Colliers South Florida represented the landlord, Nuveen Real Estate, in the transaction
Mastercard International will continue its presence in Brickell by renewing its 53,700-square-foot office space at the landmark office tower, 801 Brickell. The global payment technology solutions giant has been a tenant at the location since 1986. In February, the long-term lease renewal was agreed to with Colliers South Florida’s Executive Managing Director Stephen Rutchik and Managing Director Tom Farmer representing the landlord, Nuveen Real Estate. Cushman & Wakefield’s Executive Managing Director, Tony Jones, represented the tenant.
“Ownership has shown its commitment to thoughtful improvements that meet the evolving needs of tenants at 801 Brickell,” Rutchik says.
801 Brickell is undergoing a multi-million dollar renovation, including a completely enhanced lobby and redesigned common areas featuring natural finishes. The fifth floor of the building is being transformed to feature a range of amenities, including a wellness center, state-of-the-art conference center and tenant lounge. The exterior landscaping of the Class A office tower has also been re-imagined alongside the expansion of ground-floor retail options. The renovations aim to enhance the environmentally sound office building featuring an HVAC system designed to provide a cleaner, healthier indoor environment. Digital touchless systems are also being implemented throughout the building and will keep tenants informed of renovation updates, event information, transportation options, conference room reservations and work order capabilities.
“This lease renewal represents the relationship we have built with our long-term tenants at 801 Brickell,” Charles Russo says, Nuveen Southeast Regional Head. “As the largest owner of Class A office on Brickell Avenue, we have been very active over the last two years renovating and leasing our assets to meet the dynamic needs of our valued tenants.”