Parkway Properties Awards Transwestern Leasing of Two-Building Miami Office Complex Courvoisier Centre

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May 21, 2014, 08:00 ET

MIAMI, May 21, 2014 /PRNewswire/ -- Transwestern's Miami office today announces the firm has been awarded the exclusive leasing assignment for Courvoisier Centre, a 346,000-square-foot, two-building office complex located on Brickell Key in Miami. Parkway Properties purchased the Class A asset in early April for $146 million.

"We are honored to have been chosen by Parkway to lease this trophy asset," said Eric Groffman, Transwestern's senior vice president, leasing director. "Courvoisier Centre is a premier asset that offers tenants the exclusivity of a gated island with world class on-site amenities, an adjacent Mandarin Oriental Hotel and views of Biscayne Bay and Miami's Central Business District."

The complex is located at 501 and 601 Brickell Key Drive on Brickell Key in Biscayne Bay in Miami. Distinguished as the only office project on the island, amenities include banking facilities, a gourmet grocery store, dry cleaner and additional retailers. In 2013, Courvoisier Centre completed a $10 million renovation that encompassed sleek upgrades to the lobbies, restrooms and corridors, as well as the addition of a state-of-the-art fitness center. The gated island community also features luxury residential condominiums and the five-star Mandarin Oriental Hotel.

"We are very excited that we were able to acquire a first-class asset like Courvoisier Centre," commented Shipley Hall, vice president and managing director of Parkway Properties. "The quality of the assets, coupled with the extensive renovations and unobstructed views fit perfectly with our plan to expand the services and amenity base to attract those tenants seeking the best experience for their business needs."

Groffman along with Josh Gibbons, senior associate, will market and lease the property on behalf of Parkway.

ABOUT TRANSWESTERN
Transwestern is a privately held real estate firm specializing in agency leasing, property and facilities management, tenant advisory, capital markets, research and sustainability. The fully integrated global enterprise leverages competencies in office, industrial, retail, multifamily and healthcare properties to add value for investors, owners and occupiers of real estate. As a member of the Transwestern family of companies, the firm capitalizes on market insights and operational expertise of independent affiliates specializing in development, real estate investment management and research. Transwestern has 34 U.S. offices and assists clients through more than 181 offices in 40 countries as part of a strategic alliance with Paris-based BNP Paribas Real Estate. For more information, please visit transwestern.com and follow us on Twitter: @Transwestern.

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SOURCE Transwestern