Vast Coworking Group Leases 20,300 SF Office Space In Miami's Security Building

The office property located at 117 Northeast 1st Avenue in Miami spans 20,300 square feet and was leased to Vast Coworking Group by landlord Eyal Peretz of Fuse Group. The tenant, Jason Anderson, will operate the space under the Venture X brand as an anchor tenant in downtown Miami's Security Building.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: Not specified
• Address: 117 Northeast 1st Avenue
• Market: Miami
• Landlord: Eyal Peretz - Fuse Group
• Tenant: Jason Anderson - Vast Coworking Group
• Lease Term: 10 years

Vast Coworking Group, led by Jason Anderson, secured the 20,300 square feet in the Security Building through a 10-year lease deal with Fuse Group International. The agreement was a resolution after Fuse Group resolved a dispute with WeWork to secure the space, and now Vast Coworking is set to open this year as a leading tenant in the downtown Miami area under its Venture X brand.