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Newmark Grubb Knight Frank (NGKF) Executive Managing Director Lance Benson represented Quest Workspaces (Quest) in a long-term, 31,738-square-foot lease at Miami’s Espirito Santo Building, an iconic 36-story, Class A office tower located at 1395 Brickell Ave. The transaction-valued at more than $7 million-represents an expansion for Quest, which provides flexible workspace solutions in executive centers throughout South Florida, as well as in New York City and other locations nationally.
Mr. Benson, who has assisted Quest in securing space for its other centers, explained that demand for flexible office solutions continues to grow, and Quest is positioning itself to satisfy that demand: “Start-ups, small firms and many national companies desire a Miami address, and Quest provides a turnkey solution for establishing a high-profile presence in this gateway market.”
Quest has occupied the Espirito Santo Building since 2010 and currently has over 200 clients officing from the center.
“The location and amenities at 1395 Brickell are unsurpassed in the market, and our clients recognize the value in choosing this type of office space, whether it be for full-time offices, flex space or occasional meeting rooms,” said Laura Kozelouzek, president and chief executive officer of Quest Workspaces. “We’ve expanded significantly across the country, but continue to focus on ensuring the spaces we offer provide the state-of-the-art environment our clients demand at an affordable cost. We are ecstatic that this expansion will help even more companies establish their businesses in South Florida.”
Quest offers furnished offices that are move-in ready within 24 hours, flexible leasing from one week to three years, professionally staffed reception, concierge services, state-of-the-art technology and 24/7 managed IT infrastructure. In addition, Quest offers virtual offices starting at $99 per month, as well as meeting rooms and lounges.
The landlord of 1395 Brickell Ave., Estoril Inc., was represented by Andrew Trench of Taylor & Mathis.
About Newmark Grubb Knight Frank
Newmark Grubb Knight Frank (NGKF) is one of the world’s leading commercial real estate advisory firms. Together with its affiliates and London-based partner Knight Frank, NGKF employs more than 11,000 professionals, operating from more than 340 offices in established and emerging property markets on five continents.
With roots dating back to 1929, NGKF’s strong foundation makes it one of the most trusted names in commercial real estate. Its integrated services platform includes leasing advisory, global corporate services, investment sales and capital markets, consulting, program and project management, property and facilities management, and valuation services. A major force in the real estate marketplace, NGKF serves the local and global property requirements of tenants, landlords, investors and developers worldwide. For further information, visit www.ngkf.com.
NGKF is a part of BGC Partners, Inc. (NASDAQ: BGCP), a leading global brokerage company primarily servicing the wholesale financial and real estate markets. For further information, visit www.bgcpartners.com.