Citigroup, Inc.NYSE: C

Citigroup Center's Move-In-Ready Spec Suites Continue Momentum as Downtown Miami Office Tower Welcomes New Tenants

· Issued by Citigroup, Inc. via Business Wire

Four new leases signed in the past three months as growing number of companies relocate from Brickell to Downtown Miami

MIAMI, July 09, 2026--(BUSINESS WIRE)--Citigroup Center, the 810,000-square-foot, 34-story trophy tower in downtown Miami and the second-largest Class A office building in Florida, today announced that it has executed four new leasing agreements in the past three months.

This latest leasing activity comes on the heels of a productive 2025, with nearly 60,000 square feet leased across 11 companies, including the University of Florida and Stream Realty. Incoming tenants span professional services firms, government, higher education, and technology sectors, and include:

  • Foundever, a global customer experience company, signed a lease for 5,655 square feet of office space, relocating from 600 Brickell.

  • The Consulate of the United Arab Emirates signed a lease for a 4,859-square-foot, move-in-ready spec suite.

  • INCAE, Inc., a higher education institution, signed a 5,365-square-foot spec suite.

  • Darktrace, an AI cybersecurity company, signed a lease for a 4,554-square-foot spec suite.

Steven Hurwitz and Doug Okun of JLL represent the landlord in the leasing of Citigroup Center.

Citigroup Center's Spec Suite Program Continues to Gain Momentum

With the exception of Foundever, these agreements all leased newly completed spec suites as part of the third phase of Citigroup Center's move-in-ready spec suite program. The third phase spans over 26,000 square feet and is nearing full occupancy, with only one suite remaining. Since launching the initiative, Citigroup Center has delivered nearly 130,000 square feet of spec suites across three phases in response to sustained demand for flexible, turnkey office space and is currently advancing plans for a fourth phase of an additional 25,000 square feet of spec suites due to continued success.

Downtown Miami Office Tower Attracts Growing Number of Companies Relocating from Brickell

The recent transactions also build on a broader migration trend at Citigroup Center. Since 2022, the property has welcomed approximately a dozen companies relocating from Brickell office properties, including Greater Miami Convention & Visitors Bureau (GMCVB), Kasowitz Benson Torres (Kasowitz), Banco General and Fowler White, whose approximately 19,000-square-foot lease in 2024 marked one of the building's largest recent commitments. Firms have migrated from some of Brickell's most recognizable office addresses, reinforcing Downtown Miami as a preferred destination for companies seeking a highly amenitized workplace experience and exceptional connectivity.