Northern Trust Signs Lease at 600 Brickell

March 6, 2013 - PRLog -- Northern Trust has signed a lease for approximately 62,000 square feet of space, on three floors, at 600 Brickell, in Miami, at Brickell World Plaza.

“Our current location has been an excellent home for our Florida headquarters for over 40 years,” said John Fumagalli, president of the bank’s Florida operations. “Due to the growth of the Northern Trust franchise throughout Florida, the time has come for us to accommodate the changing needs of our employees and clients by relocating to the exciting new space at Brickell World Plaza, ideally positioned within the Brickell Downtown District, and across the street from our long time headquarters.”

“The decision was influenced by 600 Brickell’s infrastructure and amenities,  including an internationally-certified information technology security system, expandable IT capacity and a green environment that benefits the health and well-being our employees.”

Fumagalli said the bank would occupy the 22nd, 23rd and 24th floors and include a 2,000-square-foot lobby service center when the full space is finished before the end of the year, and that the move will also efficiently support the bank’s growth strategy.  He added that the bank’s real estate assets located between Southeast 7th Street and Southeast 8th Street will be sold.  

“We are delighted that Northern Trust will call 600 Brickell home,” said Tracy Story, president of management and leasing for Foram Group, the owner of the building. “Northern Trust’s clients and employees will certainly find that 600 Brickell creates a dynamic, inviting and yet secure sense of place that exudes the quality space Northern is used to.”

The building’s amenities include a state-of-the-art conference and fitness centers, panoramic views, campus-wide WiFi/cell phone service extending into the elevators and the landmark Brickell World Plaza – a 30,000-square-foot urban oasis in the state’s only high-rise office building to be pre-certified as LEED Platinum, the highest rating available from the U.S. Green Building Council.

600 Brickell was represented in the lease transaction by Glenn H. Gregory and Noël Steinfeld of Jones Lang LaSalle Americas, Inc.

Steelbridge, a real estate investment and advisory firm based in Chicago, Illinois and Miami, Florida, represented Northern Trust in the transaction.

About Northern Trust

Northern Trust Corporation  is a leading provider of investment management, asset and fund administration, banking solutions and fiduciary services for corporations, institutions and affluent individuals worldwide. Northern Trust, a financial holding company based in Chicago, has offices in 18 U.S. states and 16 international locations in North America, Europe, the Middle East and the Asia-Pacific region. As of December 31, 2012, Northern Trust had assets under custody of US $4.8 trillion, and assets under investment management of US $758.9 billion. For more than 120 years, Northern Trust has earned distinction as an industry leader in combining exceptional service and expertise with innovative products and technology. For more information, visit www.northerntrust.com or follow us on Twitter @NorthernTrust.

About 600 Brickell at Brickell World Plaza

In the center of Miami’s downtown/financial district, the 40-story, 600,000-square-foot 600 Brickell was designed by the global architecture firm RTKL and offers tenants unparalleled technology, amenities and location, with more than 600,000 square feet of rentable office space.  It features a 30,000-square-foot ground-level plaza and public gathering place and ground floor retail. The 14th-floor conference center provides HD video conferencing, flexible meeting space, a wrap-around outdoor terrace, reception facilities, and a private gym with sweeping city views.

The $300-million project’s “smart building” features include central monitoring and control of air quality, temperature and lighting, resulting in a healthier, more comfortable and more secure working environment, and fully redundant electrical backup systems designed to eliminate tenants’ business interruptions and technology worries in a 24/7 world. It offers both public and secured WiFi and direct access to the world’s Internet backbone through underground, redundant fiber-optic connections linking directly to the NAP (Network Access Point) of the Americas less than one mile away. 600 Brickell is the first “Class A” office building of this magnitude to be ISO 27001 Certified, the internationally accepted benchmark for information security. As a Cisco Connected Commercial Office Building in partnership with Cisco Systems, Inc., 600 Brickell offers a growing suite of data, voice, video and security solutions for tenants over one IP network, and an on-site Information and Communications Technology (ICT) team.

In addition, 600 Brickell will be one of a handful of Class-A office buildings in the world, and the first in Florida, to be certified LEED Platinum, the highest level available from the U.S. Green Building Council. 600 Brickell is designed to minimize its carbon footprint. Please visit its website at www.brickellworldplaza.com