The property asset involved in this lease transaction is located at 201 South Biscayne Boulevard in Miami. It is an office space totaling 20,000 square feet. The landlord of the property is CP Group, and the tenant is the law firm Fowler White, which has downsized from a previous office space of 35,000 square feet at Brickell Arch. The relocation is attributed to tripled rents in the Brickell area and the tenant's need for a more efficient single-floor layout.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: Not specified
• Address: 201 South Biscayne Boulevard
• Market: Miami
• Size: 20,000 SF
• Landlord: CP Group
• Tenant: Richard A. Wood - Fowler White
• Landlord's Rep: Steven Hurwitz & Doug Okun - JLL
• Tenant's Rep: Grant Killingsworth - CBRE

In this transaction, tenant representative Grant Killingsworth from CBRE facilitated the leasing for Fowler White, which joins established tenants such as Citibank and Regus in the 832,000-square-foot Citigroup Center tower. The landlord's representatives are Steven Hurwitz and Douglas Okun from JLL. The note indicates that the downsizing decision was influenced by significant rent increases in the Brickell area.