ONE Sotheby's International Realty Appoints Longtime Executive Daniel de la Vega as CEO
ONE Sotheby’s International Realty, one of the preeminent luxury real estate brokerages along Florida’s East Coast, has appointed Daniel de la Vega as Chief Executive Officer. Over the last 17 years, Daniel has risen through the organization since its inception in 2008, and has played an integral role in the firm’s growth.
ONE Sotheby’s International Realty, one of the preeminent luxury real estate brokerages along Florida’s East Coast, has appointed Daniel de la Vega as Chief Executive Officer. Over the last 17 years, Daniel has risen through the organization since its inception in 2008, and has played an integral role in the firm’s growth into a brokerage that generates annual sales of nearly $10 billion and manages a multi-billion dollar portfolio of the region's most prestigious new development projects.
Founder Mayi de la Vega will serve as Executive Chair and maintain an active presence within the company. She will remain involved in shaping the firm’s strategic initiatives, culture, and global positioning, while continuing to have a hands-on role in marquee new development projects. Mayi will work closely with the company’s agents to help strengthen their businesses and access new avenues for growth.
“My vision for ONE Sotheby’s International Realty has always been to create a company defined by integrity, excellence, and a culture where our agents can truly thrive,” said Mayi de la Vega, Founder and Executive Chair. “Daniel has been integral to that foundation from day one. His leadership, discipline, and deep understanding of our business have shaped our growth and strengthened our culture, and there is truly no one better equipped to guide us into our next era. We remain committed to ensuring our firm continues to lead with purpose, innovation, and an unwavering dedication to our clients and our leading luxury agents whose professionalism and passion have defined this company's success.”
In addition to his new role as CEO, Daniel will continue serving as company President. He will oversee strategy across all brokerage, new development, and commercial divisions, while executing targeted expansion regionally and into markets outside of Florida. Daniel’s priorities include a focus on talent development, continued service excellence and driving economies of scale through technology integration, and expansion of the client service portfolio with insurance, title, mortgage, and property management offerings that deliver enhanced value to agents and clients at every touchpoint. He will also expand the synergy between new development projects and the brokerage business to create a more powerful, interconnected platform that elevates results.
“It’s an honor to continue working with Mayi and the strongest executive leadership team in our industry to build upon the vision and legacy she has created,” said Daniel de la Vega, President and CEO. “Our focus remains absolute: to define the highest standard of luxury real estate service, to provide seamless experiences for our clients, and to empower our agents with the best tools and resources in the industry. We look forward to further investing in our team, expanding our global reach, and capturing the tremendous growth opportunities that lie ahead for Florida’s East Coast and beyond.”
Under the leadership of Mayi and Daniel, ONE Sotheby’s International Realty has become a dominant force in Florida’s luxury real estate market. They have established the company as one of the nation’s highest-producing Sotheby’s International Realty affiliates with #1 market share in Florida, positioning it among the fastest-growing brokerages in the country, as ranked by RealTrends.
Past PROFILE Articles about ONE Sotheby’s International Realty:
META Development Launches Colette Residences, a Boutique Luxury Address Redefining South Brickell Living
META Development has launched sales for Colette Residences, a new boutique luxury condominium in South Brickell. Designed by Brazilian architecture studio OSPA and sold exclusively by the Eklund | Gomes Team at Douglas Elliman, the five-story project features just 38 residences starting at $3.3 million, blending refined architecture, privacy, and a distinct sense of place.
META Development, the Miami-based firm known for its “Go Boutique” philosophy, has officially launched sales for Colette Residences, a new boutique luxury condominium in South Brickell. Partnering with the Eklund | Gomes Team at Douglas Elliman Development Marketing, META introduces an intimate residential concept that blends architectural sophistication with a serene, neighborhood-centric lifestyle.
Located in South Brickell—an area increasingly recognized as Miami’s next luxury residential frontier—Colette offers a refined alternative to the district’s high-rise energy. The five-story development features just 38 residences, including two signature penthouses, designed for those who value privacy, connection, and design integrity. Residences range from two to four bedrooms starting at 2,145 square feet, with pricing beginning at $3.3 million.
Designed by acclaimed Brazilian architecture studio OSPA, the building reflects a human-centered design ethos that seamlessly integrates indoor and outdoor living. This marks OSPA’s Miami debut and builds on META’s track record of architecturally distinct projects such as OPUS Coconut Grove.
“Colette represents the next evolution of our philosophy, curating residences that feel personal, tailored, and refined,” said Andrew Rasken, Founder and CEO of META Development. “In a district known for its high-rise energy, Colette is intentionally exclusive—crafted for those who value a calmer, more connected way of living without compromising on design or amenities.”
As part of its commitment to community impact, META Development will donate $10,000 for every residence sold to Friendship Circle of Miami, a nonprofit supporting children and young adults with special needs.
Despite its intimate scale, Colette offers a robust amenity program rivaling larger-scale towers. Indoor amenities span approximately 5,000 square feet, complemented by 7,000 square feet of outdoor spaces designed for relaxation and entertaining. Highlights include:
A 50-foot swimming pool with private cabanas
A 5,200-square-foot sun deck
A wellness spa with jacuzzi, sauna, and steam room
A screening room, children’s playroom, and meeting suite
24/7 valet service and covered parking for two or three cars per residence, with EV charging stations
Private storage units for each homeowner
“Miami buyers are increasingly seeking boutique-scale projects that combine privacy with sophistication,” said Fredrik Eklund, co-founder of the Eklund | Gomes Team. “Colette delivers exactly that—an intimate collection of residences in one of the city’s most dynamic neighborhoods, blending global design with the lifestyle today’s buyers demand.”
Situated minutes from Brickell’s business core yet set within a peaceful, park-filled enclave, Colette residents enjoy walkable access to waterfront promenades, fine dining, and cultural destinations, all while maintaining the tranquility of a low-rise community. “We’re seeing interest from buyers who’ve outgrown the hustle of Brickell’s high-rise district,” explained Sales Director Pietro Belmonte. “They still want proximity to the city’s restaurants and nightlife, but they crave a calmer, more livable environment with a neighborhood feel.”
The Colette Sales Gallery will open on November 12, 2025, at 3390 Mary Street, Suite #124, Coconut Grove, FL 33133. Visitors can experience an immersive virtual tour, scale model, and full-size model kitchen and bath to preview the building’s design vision and lifestyle offering. Completion is slated for summer 2028. Ownership inquiries are now being accepted. For more information, fill out the form below.
For more information about Colette Residences or to inquire about purchasing a unit please fill out the form below:
Global Insurance Group Howden Leases 23,658 SF at 600 Brickell World Plaza
Howden, the global insurance intermediary, is deepening its U.S. presence with a 23,658-square-foot lease at 600 Brickell World Plaza in Miami’s financial district. The move aligns with the company’s national growth strategy and leadership expansion, following the appointment of Mike Parrish as CEO of Howden US and Jim Hays as Vice Chairman. Parrish will lead efforts to build a next-generation retail broking business that reflects Howden’s employee-owned and client-driven ethos.
Howden, the global insurance intermediary, is deepening its U.S. presence with a 23,658-square-foot lease at 600 Brickell World Plaza in Miami’s financial district. The move aligns with the company’s national growth strategy and leadership expansion, following the appointment of Mike Parrish as CEO of Howden US and Jim Hays as Vice Chairman. Parrish will lead efforts to build a next-generation retail broking business that reflects Howden’s employee-owned and client-driven ethos.
The lease was arranged by Colliers South Florida, with Vice Chair Jonathan Kingsley and Associate Zach Smith representing Howden, alongside Jodie Poirier, President of Occupier Services, and Executive Vice Presidents Ian Gilbert and Bob Rosenthal. Ilene Muñoz, Vice President of Leasing at Elm Spring, represented the landlord, Brickell Holdings, LLC.
“With Brickell established as Miami’s epicenter for global business, we were pleased to support Howden in securing a flagship office setting that reflects their ambitious U.S. expansion strategy,” said Kingsley. “At 600 Brickell, Howden will have the perfect platform to extend their global expertise and deliver exceptional service to clients across key markets.”
Headquartered in London, Howden is the world’s largest employee-owned insurance intermediary, managing more than $42 billion in premiums across 56 countries with a workforce of over 25,000 employees. The firm’s new Miami office will serve as a key foothold in its North American expansion, with occupancy expected in early 2026. The move reflects Miami’s growing appeal to international firms seeking proximity to Latin American markets and a high-profile address within the U.S. financial landscape.
Rising 40 stories and spanning over 1 million square feet, 600 Brickell World Plaza features 26 dedicated office floors, nine-foot ceilings, and panoramic views of Biscayne Bay and the downtown skyline. It is recognized as Florida’s first LEED Platinum-certified high-rise office building, a distinction highlighting its advanced sustainability and technology standards.
The tower offers a 30,000-square-foot landscaped plaza, private fitness center, modern conference and telepresence facilities, on-site management, and 11 levels of secure, covered parking. Located directly on Brickell Avenue, the property sits within walking distance to some of Miami’s top restaurants, banks, and luxury hotels.
With over 80% of Brickell’s 43,000 employees working in finance, law, and tech, the district continues to attract a global roster of professional service firms. Since 2020, nearly 20% of new-to-market leasing activity in Brickell has been driven by international companies.
Notable entrants include CI Financial (Canada), Banco Master (Brazil), WORQ (Malaysia), and SoftBank Group (Japan) — each establishing flagship U.S. offices in the submarket. Howden’s arrival further reinforces Brickell’s position as a global gateway for business, combining prestige, talent density, and international connectivity.
Mast Capital & AEW Sell 342-unit Apartment Building in Miami River District
Mast Capital and AEW Capital Management have completed the sale of Remi on the River, a 342-unit luxury apartment community along the Miami River, to Valeris Capital. CBRE’s Robert Given, Troy Ballard, and Michael Mulkern advised on the sale. The transaction highlights continued investor demand for well-located multifamily assets in Miami’s growing urban core.
Mast Capital and AEW Capital Management have completed the sale of Remi on the River, a 342-unit luxury apartment community along the Miami River, to Valeris Capital. CBRE’s Robert Given, Troy Ballard, and Michael Mulkern advised on the sale. The transaction highlights continued investor demand for well-located multifamily assets in Miami’s growing urban core.
Delivered in 2024, Remi on the River is located at 999 NW 7th Street, minutes from Brickell, Downtown Miami, and the Miami Health District. The waterfront property spans more than 400 feet of river frontage and offers a mix of studios, one-, two- and three-bedroom units ranging from 465 to 1,334 square feet.
Residences feature European-style kitchens with stainless-steel appliances, select units with built-in wine refrigerators, and expansive views of the river and city skyline. Amenities include a resort-style pool, aqua lounge, fitness center, coworking lounge, clubroom, and access-controlled parking. The project was designed by Corwil Architects.
“The sale of Remi on the River underscores the property’s exceptional lease-up performance, the quality of its design and amenities, and the growing appeal of the Miami River District as a premier destination for waterfront living,” said Camilo Miguel Jr., CEO and Founder of Mast Capital.
The Miami River has emerged as one of the city’s most dynamic residential and mixed-use submarkets. Stretching 5.5 miles through the city, the river corridor is home to commercial cargo operations, boating activity, and a growing number of lifestyle and residential developments.
Remi on the River’s location places residents within reach of Miami’s cultural institutions, including the History Miami Museum, Miami Children’s Museum, and Museum of Graffiti, as well as nearby retail and dining in Brickell, Wynwood, Midtown, and Miami Beach.
For Mast Capital, the deal reflects the firm’s broader strategy of investing in transformative projects across Miami. “This project reflects our commitment to investing in the continued revitalization of this vibrant neighborhood,” Miguel added.
Berkadia Secures $57M Bridge Loan for Midtown Capital Partners’ Lake Worth Apartment Project
Berkadia has arranged a $57 million bridge loan to refinance the construction debt on Astor Sound at Lake Worth, a new 230-unit multifamily community in Palm Beach County that is nearing completion.
The financing team included Senior Managing Director Mitch Sinberg, Managing Directors Scott Wadler, Brad Williamson, and Matt Robbins, along with Vice President Patrick Johnson. The loan was secured on behalf of the sponsor, Midtown Capital Partners, a Miami-based real estate investment advisor, operator, and developer with a portfolio spanning the U.S. and Spain. Infinity Collective originated the two-year loan, which includes an option for a six-month extension.
Berkadia has arranged a $57 million bridge loan to refinance the construction debt on Astor Sound at Lake Worth, a new 230-unit multifamily community in Palm Beach County that is nearing completion.
The financing team included Senior Managing Director Mitch Sinberg, Managing Directors Scott Wadler, Brad Williamson, and Matt Robbins, along with Vice President Patrick Johnson. The loan was secured on behalf of the sponsor, Midtown Capital Partners, a Miami-based real estate investment advisor, operator, and developer with a portfolio spanning the U.S. and Spain. Infinity Collective originated the two-year loan, which includes an option for a six-month extension. The transaction closed on September 19.
Located at 2201 Tenth Avenue North, Astor Sound is designed as a garden-style community with four residential buildings ranging from two to five stories, along with a clubhouse on a 6.5-acre site. The property offers one-, two-, and three-bedroom floor plans sized between 715 and 1,160 square feet. Units feature chef-inspired kitchens with center islands, quartz countertops, luxury flooring, front-loading smart washers and dryers, and oversized walk-in closets.
Community amenities include a resort-style pool with pavilion and summer kitchen, fitness center, co-working lounge, coffee bar, game room, conference room, dog park and spa, and outdoor trails. The development is located minutes from downtown Lake Worth, with convenient access to I-95, Palm Beach State College, HCA Florida JFK Medical Center, and Palm Beach International Airport.
Founded in 2010, Midtown Capital Partners is an SEC-registered, vertically integrated real estate firm with offices in Miami, West Palm Beach, and Madrid. The company oversees more than $1 billion in assets across 22 investment vehicles, representing over 200 investors.
Inside Boca Raton’s Booming Real Estate Market with Leading Agent Aaron Buchbinder
As a Boca Raton native and founding agent of Compass in the area, Aaron Buchbinder has witnessed firsthand the city's remarkable evolution into a luxury real estate hotspot. With deep-rooted connections and an intimate understanding of the community, Aaron offers unparalleled insights into Boca Raton's dynamic property landscape.
As a Boca Raton native and founding agent of Compass in the area, Aaron Buchbinder has witnessed firsthand the city's remarkable evolution into a luxury real estate hotspot. With deep-rooted connections and an intimate understanding of the community, Aaron offers unparalleled insights into Boca Raton's dynamic property landscape. In this exclusive Q&A, he discusses the factors driving the market's growth, emerging trends, and his personalized approach to guiding clients through the competitive real estate environment.
PROFILEmiami: What excites you most about the Boca Raton real estate market?
Aaron Buchbinder: Boca is home for me—it’s where I grew up, so it’s personal. Getting to work in my own backyard is something I never take for granted. This isn’t the same Boca I knew as a kid—it has transformed into a premier destination that goes far beyond the traditional idea of a vacation or retirement spot. We are seeing remarkable growth driven by people who want to live, work, and raise families here. From vibrant, family-friendly neighborhoods to exclusive beachfront and country club communities, Boca truly offers something for every lifestyle.
PROFILEmiami: What trends do you see shaping the area's real estate market now and in the coming years?
Aaron Buchbinder: We are seeing more families prioritizing safe neighborhoods and strong school districts. At the same time, older buyers are seeking out luxury condos and country club living. Boca offers both worlds, which is why it continues to thrive. The demand is across generations, and that’s powerful.
PROFILEmiami: How do you help clients navigate today’s competitive real estate landscape?
Aaron Buchbinder: It all starts with setting clear goals and expectations from the beginning. I tailor everything to my clients’ needs and timelines—whether they’re ready to make a move now or just starting to think about it for next year, I help them plant those early seeds. In today’s competitive market, having the right mindset and clarity around priorities is essential—especially when important life factors like schools come into play. I guide the conversation toward what really matters so we can make smart, confident decisions. From understanding the nuances of each neighborhood to leveraging off-market opportunities, I bring the insight and strategy needed to help them stay ahead.
PROFILEmiami: Are there any neighborhoods or property types you think are undervalued or emerging?
Aaron Buchbinder: New construction communities are definitely trending—especially among young families who want a turnkey lifestyle. East Boca continues to be a hot spot too, and it’s still full of opportunity.
PROFILEmiami: What does your ideal day in Boca look like?
Aaron Buchbinder: I start with a workout at The Boca Raton gym, where my family and I are members, then grab breakfast and a coffee at Saquella Café in Mizner Park. After that, I’m at the office or out at showings until about 5pm, and then it’s all about family—sports practice with the kids or dinner out. On weekends, we love relaxing by the pool at The Boca Raton. If it’s a date night, you’ll find us at Matteo’s with friends, ordering the veal chops. With the kids, it’s usually hibachi at Saiko.
PROFILEmiami: What has been the most defining moment of your career?
Aaron Buchbinder: Crossing the $100 million in sales mark for the first time was a significant milestone for my team. It wasn’t just about the number, it was about the years of hard work, trust from our clients, and the foundation we had built together.
PROFILEmiami: What advice would you give to someone considering a move to South Florida?
Aaron Buchbinder: If you’re moving with a family, lock in your school before you do anything else. That piece drives everything. And if you’re coming for the lifestyle, find a local guide who can help you find the right community that fits your rhythm—whether that means the best schools, social clubs, restaurants. South Florida has so much to offer, but it’s all about finding the pocket that aligns with your life.
PROFILEmiami: One word your clients would use to describe you?
Aaron Buchbinder: Approachable.
Focus and Group Fox secure administrative site plan approval for Brickell Apartment tower
Focus, a seasoned real estate development and construction firm, and Group Fox, a family-owned property and asset management firm, both headquartered in Chicago, have received administrative site plan approval for their latest project, the 517-unit Brickell Starlite apartment tower. This milestone sets the stage for the development of a 39-story luxury high-rise in the heart of Miami’s Brickell neighborhood.
Focus, a seasoned real estate development and construction firm, and Group Fox, a family-owned property and asset management firm, both headquartered in Chicago, have received administrative site plan approval for their latest project, the 517-unit Brickell Starlite apartment tower. This milestone sets the stage for the development of a 39-story luxury high-rise in the heart of Miami’s Brickell neighborhood.
“We are thrilled to finalize the entitlements on this property in Miami,” said Tim Anderson, CEO and Founder of Focus. “The world-class design, unparalleled location, and favorable zoning were strategically developed to meet the needs of the modern renter flocking to the Brickell neighborhood.”
Located within walking distance of the Brickell Metrorail station, the property will offer seamless access to Miami’s Brightline, Tri-Rail, Metrorail, and Metromover transit systems, providing residents with connectivity across South Florida. The developers and design team, led world renowned architectural firm Gensler, proposed a pedestrian and vehicular paseo at the building’s base, linking 7th and 8th streets. This feature will enhance accessibility to retail spaces within the tower and improve connectivity to the nearby I-95 on- and off-ramps.
The Brickell neighborhood remains a focal point for rental demand in South Florida, driven by a booming economy, favorable tax policies, and national migration trends. In 2024, Miami recorded its most competitive rental market in recent history, with apartments renting in an average of just 33 days and nearly 20 renters vying for each available unit.
Focus and Group Fox are in the final stages of permitting for the project and have enlisted a Cushman & Wakefield team—including Chris Lentz, Chris Moyer, Jeff Altenau, Susan Tjarksen, and Marc Royer—to capitalize the development.
Chris Lentz, Executive Director at Cushman & Wakefield, emphasized the project’s significance: “Brickell Starlite is a landmark multifamily development in Miami’s most vibrant and sought-after Brickell neighborhood and represents one of the only new luxury high-rise multifamily products underway in this well-occupied submarket. With extremely limited new developments coming online in Brickell, and the most recent multifamily deliveries dating back to 2019 and 2021, Brickell Starlite is uniquely positioned to meet the strong sustained demand for luxury.”
3000 Waterside: A New Luxury Waterfront Development Launches in Fort Lauderdale
Claridge Homes, a Canadian real estate development firm, has officially launched 3000 Waterside, a luxury waterfront condominium project situated along the Intracoastal Waterway in Fort Lauderdale. After quietly attracting interest during the winter of 2024, the development has already secured $26.75 million in pre-sales, reflecting the demand for high-end waterfront living in the area.
Claridge Homes, a Canadian real estate development firm, has officially launched 3000 Waterside, a luxury waterfront condominium project situated along the Intracoastal Waterway in Fort Lauderdale. After quietly attracting interest during the winter of 2024, the development has already secured $26.75 million in pre-sales, reflecting the demand for high-end waterfront living in the area.
The 18-story tower will feature 129 residences ranging from 1,120 to 2,647 square feet, with designs that emphasize indoor-outdoor living through expansive floor-to-ceiling windows, glass balconies, and terraces. Views of the Intracoastal Waterway, the Atlantic Ocean, and the Fort Lauderdale skyline will be a highlight of many units. The residences will include upscale finishes such as large-format porcelain tile flooring, European-style cabinetry, quartz countertops, and wine chillers in the kitchens.
The top four floors will house 23 penthouse units, which will offer additional features such as dens or media rooms and range from two-bedroom layouts to larger configurations with up to four bedrooms and four bathrooms. Select penthouse buyers will also benefit from reserved parking spaces.
Amenities at 3000 Waterside are designed to provide a resort-inspired lifestyle. A 19th-floor rooftop space will offer 8,500 square feet of landscaped areas with a hot tub, fire pits, and outdoor bars, all with panoramic views. Other amenities include a waterfront pool deck overlooking the Intracoastal, a fitness center with a yoga studio, and a spa lounge with a steam room, sauna, and treatment space. For dining, the property will feature an on-site restaurant with indoor and outdoor seating options.
Additional features include a double-height waterfront lobby with 24/7 concierge services, a billiards room, a barbecue courtyard, and private spaces for entertaining such as a party room and kitchen. Owners will also have access to two guest suites available for short-term rental, providing convenient accommodations for family and friends.
For boating enthusiasts, the development will offer 13 private boat docks available for purchase by residents, as well as a dock for restaurant guest pick-up and drop-off. Every residence will include a storage locker, with electric vehicle charging available as an upgrade.
Located at 3000 East Oakland Park Boulevard, 3000 Waterside provides residents with proximity to Fort Lauderdale’s beaches, marinas, and cultural attractions. The property is within walking distance of the city’s scenic canals and pedestrian-friendly streets, which are ideal for cycling and jogging. Fort Lauderdale-Hollywood International Airport is just 10 miles away, and the nearby Brightline station provides a quick 30-minute connection to Miami. Pricing for the residences begins at $990,000, with delivery expected in May 2028.
For more information about 3000 Waterside or to inquire about purchasing a unit please fill out the form below:
The Lincoln Coconut Grove Launches Sales in Miami's Historic Neighborhood
Coconut Grove, known for its lush greenery and vibrant community, is set to welcome a new residential development that blends modern luxury with historic charm. The Lincoln Coconut Grove has officially launched sales, offering 48 meticulously designed condominiums at 2650 Lincoln Ave. Developed by Element Development and LORE Development Group, in partnership with Leste Group and Opportunity Fundo de Investimento Imobiliário, the project seeks to elevate the standard of boutique living in one of Miami’s most cherished neighborhoods.
Coconut Grove, known for its lush greenery and vibrant community, is set to welcome a new residential development that blends modern luxury with historic charm. The Lincoln Coconut Grove has officially launched sales, offering 48 meticulously designed condominiums at 2650 Lincoln Ave. Developed by Element Development and LORE Development Group, in partnership with Leste Group and Opportunity Fundo de Investimento Imobiliário, the project seeks to elevate the standard of boutique living in one of Miami’s most cherished neighborhoods.
The Lincoln offers a variety of floor plans, ranging from one to four bedrooms plus a den, with residences spanning 1,323 to 3,073 square feet. Six penthouses, each approximately 3,000 square feet, feature double-height ceilings and expansive views of Biscayne Bay, Coral Gables, and the Brickell skyline. Prices start at $1.5 million, and sales are managed by ONE Sotheby’s International Realty.
The architectural and interior designs by Paredes Architects, Design Philosophy, and CITE Arquitetura reflect Coconut Grove’s unique character. The building’s façade is inspired by the neighborhood’s iconic banyan trees, with vertical contours and root-like forms creating a blend of aesthetics and practicality. Interiors include kitchens by Snaidero, plumbing fixtures by Brizo, Porcelanosa tiles, and Miele appliances.
The property features a double-height lobby adorned with a bespoke chandelier and a sculptural bronze glass wall. Amenities include a golf simulator, event room, theater, rooftop pool deck with private cabanas, yoga pavilion, dog park and a 2,000-square-foot wellness center with hot and cold plunges, sauna and a steam room.
“The Lincoln reflects the essence of Coconut Grove’s charm while embracing modern living,” said Jorge Rucas, Director of U.S. Real Estate at LORE. “Our vision was to create a residential destination that honors the area’s history and lifestyle while positioning it for the future.”
Situated in Miami’s oldest neighborhood, The Lincoln offers walkable access to Coconut Grove’s vibrant cultural and culinary scene. Nearby attractions include Cocowalk’s high-end shopping, Michelin-recognized restaurants like Ariete and Los Félix, and local favorites such as Sadelle’s and Regatta Grove.
For more information about The Lincoln Coconut Grove or to inquire about purchasing a unit please fill out the form below:
Coworking Giant Regus Leases Entire Building in South of Fifth
Regus, a global leader in flexible office spaces, has secured a long-term lease for the entirety of 429 Lenox, a 45,789-square-foot Class A boutique office building in Miami Beach’s South of Fifth neighborhood. This marks Regus’ largest footprint in the area, reflecting the growing demand for coworking spaces in South Florida.
Regus, a global leader in flexible office spaces, has secured a long-term lease for the entirety of 429 Lenox, a 45,789-square-foot Class A boutique office building in Miami Beach’s South of Fifth neighborhood. This marks Regus’ largest footprint in the area, reflecting the growing demand for coworking spaces in South Florida.
The lease was brokered by Colliers South Florida, with Vice Chair Stephen Rutchik and Vice President Ana Paula representing the landlord, Azora Exan. JLL’s Adam Bernstein represented Regus in the transaction.
“429 Lenox's prime location in the highly sought-after South of Fifth neighborhood made it an exceptional choice for Regus’ expansion,” said Paula. “As the market shifts towards prioritizing lifestyle, prime location, and modern workspaces, the property offers an unmatched blend of unique rooftop access, plug-and-play office solutions, and contemporary amenities. Its proximity to the MacArthur Causeway ensures seamless access in and out of Miami Beach, positioning it as an unparalleled option for today’s forward-thinking businesses.”
Designed by renowned architect Kobi Karp, 429 Lenox features contemporary office spaces tailored for businesses seeking a prestigious address in a dynamic, amenity-rich environment. Key features include a rooftop deck, on-site parking, and prime signage opportunities. Its South of Fifth location provides easy access to luxury residences, upscale dining, and Miami’s iconic beaches.
Arturo Vinueza, Vice President of Investments at Azora Exan, highlighted the significance of the lease: “We are excited to welcome Regus at 429 Lenox, marking a new chapter for our office building in the vibrant South of Fifth neighborhood. This lease highlights the strength of premium office space in Miami, particularly in walkable, amenity-rich areas, aligning with our national office investment thesis. We look forward to welcoming a diverse community of entrepreneurs and professionals who will thrive in this environment.”
Regus plans to operate the location under its SPACES brand, emphasizing flexibility and innovation in workspace solutions. The new office is set to open in the fourth quarter of 2024 and will join Regus’ other Miami Beach locations, solidifying its presence in the market.
The full-building lease underscores the increasing appeal of coworking spaces in Miami Beach, where office vacancy rates remain low, recorded at just 8.7% in Q3 2024. As companies continue to embrace hybrid work models, demand for adaptable, lifestyle-driven workspaces is surging. Coworking spaces like those offered by Regus cater to businesses seeking environments that enhance productivity and work-life balance.
The broader trend aligns with a post-pandemic shift in workplace priorities, with businesses opting for premium, flexible spaces in prime locations. The 429 Lenox lease reflects this evolution, cementing Miami Beach’s status as a competitive and vibrant office market.
A longstanding Art Deco hotel in the heart of South Beach is entering its next chapter. The Tony Hotel South Beach has sold for $16.5 million in an off-market transaction, with its new owners planning a major renovation and continued operation of the Collins Avenue property.