Southeast Financial Center

WeWork To Lease Four Floors In The Southeast Financial Center

Southeast Financial Center

Southeast Financial Center

WeWork is leasing 90,000 square feet of office space over 4 floors in the Southeast Financial Center at 200 South Biscayne Blvd, according to The Real Deal.

Two floors will open by the end of the year with the other two floors opening Summer 2020.

The Southeast Financial Center was purchased by billionaire Armando Ortega for $516.6 million in December 2016.

WeWork is leasing 10 floors of office space in the under construction 830 Brickell Plaza tower in Brickell.

Southeast Financial Center Sold For $500M

Southeast Financial Center

After being put on the market in July, the Southeast Financial Center has been purchased for $500 million, according to The Real Deal. 

The 55 story office tower in Downtown Miami was built in 1984 with 1.225 million square feet in office space. The Skidmore, Owings & Merrill designed tower was purchased by billionaire Armando Ortega, who owns the clothing chain Zara.

The iconic Miami Tower recently sold for $220 million earlier this year.

Update: The official sale price is $516.6 million

Southeast Financial Center For Sale In Downtown Miami

Southeast Financial Center

The Southeast Financial Center in Downtown Miami is for sale with a value of $500 million.

The 55 story building at 200 South Biscayne Boulevard is the second tallest building in Miami after the Four Seasons. It was built in 1984 and was designed by Skidmore, Owings & Merrill.

Tenants include Goldman Sachs, Morgan Stanley and Merrill Lynch.

The nearby Miami Tower recently sold for $220 million.