Colliers South Florida represented the landlord, Nuveen Real Estate, in the transaction
MIAMI, FL, March 2, 2022 – Global payment technology solutions giant, Mastercard International, re-committed to their tenancy in Brickell by renewing their 53,700 SF of office space at landmark office tower, 801 Brickell. Executive Managing Director Stephen Rutchik and Managing Director Tom Farmer represented the landlord, Nuveen Real Estate, in negotiating the long-term lease renewal early this February. Cushman & Wakefield’s Executive Managing Director, Tony Jones, represented the tenant.
“Ownership has shown it’s commitment to thoughtful improvements that meet the evolving needs of tenants at 801 Brickell,” said Rutchik.
Mastercard has been a tenant at 801 Brickell since 1986.
“This lease renewal represents the relationship we have built with our long-term tenants at 801 Brickell,” said Charles Russo, 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.”
801 Brickell is currently undergoing a multi-million dollar transformation, 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.
Focusing on environmentally sound office building management, the renovations will include HVAC system improvements 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.