Galderma Signs 19000 SF Lease At 801 Brickell Avenue For U.S. Headquarters In Miami

The asset involved in this transaction is an office space located at 801 Brickell Avenue in Miami. The entire 22nd floor encompasses 19,000 square feet, specifically leased to support the establishment of a U.S. headquarters. The building is situated in a market known for its vibrant and growing healthcare sector.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: Not specified
• Address: 801 Brickell Avenue
• Market: Miami
• Square Footage: 19,000 SF
• Landlord: Michael A. Weinstock - Monarch Alternative Capital
• Landlord: Brandon Huffman - Tourmaline Capital Partners
• Tenant: Flemming Ørnskov - Galderma
• Brokers: Tom Farmer - Colliers
• Brokers: Stephen Rutchik - Colliers

This lease transaction involves key stakeholders, including the landlords Michael A. Weinstock and Brandon Huffman, representing their respective firms. The tenant, Flemming Ørnskov, is associated with Galderma, a global skincare company, which aims to house 150 employees in the new Miami location by 2028. The deal was facilitated by brokers Tom Farmer and Stephen Rutchik, who played integral roles in the negotiations.