One Sotheby’s International Realty, led by Mayi and Daniel de la Vega, has signed a five-year lease for a collaborative office in Coconut Grove at 3560 Main Highway. This small, updated office space in the Coconut Grove neighborhood of Miami spans 2,200 square feet and will serve as a complementary workspace for the brokerage's expansion plans. The lease reflects the company's response to the surge in luxury real estate in the area and its emphasis on community engagement. One Sotheby’s International Realty is also preparing to open a new primary office in Coral Gables.

Summary of transaction details

• Property Type: Office
• Transaction Amount: Not specified
• Date: 12/06/2023
• Address: 3560 Main Highway
• Market: Coconut Grove, Miami
• Square Footage: 2,200 SF

The lease deal involved several key individuals and companies. The landlords, David and Christine Hill, agreed to lease the office space to One Sotheby’s International Realty. Mayi de la Vega and Daniel de la Vega, representatives from One Sotheby’s International Realty, played a crucial role in the negotiation and execution of the lease. The lease term has been set at five years, providing stability for the brokerage's operations in the Coconut Grove area.