CGI's Arquitectónica-Designed Office Building in Coconut Grove Welcomes Finance & Tech Tenants Securing 12,882 SF Leases

In the vibrant landscape of Coconut Grove, where live, work, and play harmoniously blend, 3480 Main, a distinguished Class A office building envisioned by the renowned architects at Arquitectónica, continues to attract a diverse array of tenants. Recently, the property experienced heightened leasing activity, culminating in the signing of four significant leases totaling 12,882 square feet.

An Overview of the Leases: Colliers, represented by Vice Chair Stephen Rutchik, Vice President Tom Farmer, and Associate Vice President Tyler de la Peña, facilitated these transactions on behalf of the landlord, CGI Merchant Group. Wrap Technologies Inc., a global leader in public safety technologies, selected 4,487 square feet for its inaugural Florida location. Simultaneously, an undisclosed Miami-based hedge fund secured 3,906 square feet, relocating and expanding from their previous space. Another Miami-based hedge fund opted for a 2,452-square-foot space at 3480 Main. Additionally, an undisclosed private equity firm boasting $2 billion in assets, represented by Karley Chynces from One Sotheby’s International Realty, chose a space encompassing 2,037 square feet.

Coconut Grove’s Allure: The appeal of Coconut Grove, particularly among C-Suite executives, lies not only in its exquisite residences but also in its strategic office locations, offering a seamless 10-minute commute and escape from urban traffic. 3480 Main exemplifies this coveted live-work-play dynamic, making it a preferred choice for discerning professionals transitioning from bustling city settings.

A Unique Tenant Experience: 3480 Main, spanning 51,386 square feet, offers more than just office space. It provides a distinctive tenant experience by blending tradition, business sophistication, and modernity. Tenants benefit from the presence of Amal, a renowned Lebanese restaurant on the ground floor, and a rooftop bar curated by Ink Entertainment, a leading hospitality company in North America. The rooftop terrace, adorned with an oasis garden, offers panoramic vistas of Miami and Biscayne Bay. Furthermore, the property’s prime location grants tenants easy access to over fifty retail shops and restaurants within walking distance.

The Future of Coconut Grove: As 3480 Main continues to curate a diverse and thriving community within its walls, Coconut Grove solidifies its status as a hub where innovation, business excellence, and urban living converge. With a corporate headquarters relocation by CGI Merchant Group in 2021 and the recent influx of dynamic tenants, the future of this Coconut Grove gem looks promising, symbolizing the district’s evolution into a bustling epicenter of commerce and creativity.