In a record-breaking office lease for Miami’s Wynwood submarket, Amazon has committed to occupying 50,333 square feet at Wynwood Plaza, a mixed-use development spanning 1 million square feet.
The property is owned by L&L Holding Co. and Oak Row Equities, with Shorenstein Investment Advisers as the project partner and Claure Group as a co-investor.
Cushman & Wakefield, along with in-house representatives, represented the landlord in the transaction, while Savills acted on behalf of Amazon.
Situated at 95 NW 29th St., Wynwood Plaza is approximately 6 miles from downtown Miami, with convenient access to interstates 95 and 195. Miami International Airport is located about 8 miles to the west.
Wynwood Plaza is set to feature a 12-story, Class A office building spanning 266,000 square feet, alongside a residential component offering 509 luxury rental apartments. The development will also include 25,000 square feet of retail space and a 26,000-square-foot outdoor public plaza.
The office building will provide a range of premium amenities, including a fitness center, a café and bar lounge, rooftop private seating areas, and conference spaces. Office floorplates will range in size from 23,756 to 25,205 square feet, designed to accommodate diverse tenant needs.