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Tom Brady Relocates Investment Firm To Wellness-Focused Bay Harbor Islands Office

Tom Brady Relocates Investment Firm To Wellness-Focused Bay Harbor Islands Office

  • Joelle Oiknine
  • 08/1/24

When the most legendary quarterback seeks office space, amenities are crucial. Tom Brady’s investment firm, TEB Capital Management, has secured an 8,415 SF lease at The Well Bay Harbor Islands, a mixed-use property centered on wellness, scheduled to open next year.

 

The Well Bay Harbor Islands will have 22K SF of amenities and a range of spa offerings.
 
 

TEB oversees Brady’s investments and brand partnerships, including his TB12 supplements brand and men's clothing line. Additionally, Brady has various sports investments, such as stakes in the Las Vegas Raiders, a Major League Pickleball team, and the British football club Birmingham City.

The Well boasts some of the city's highest office space prices, with asking rates at $120 per SF. While a source close to the deal didn't disclose the rate TEB Capital paid, they mentioned that Brady received “the GOAT discount,” referring to the acronym for the greatest of all time.

 

The lease includes an option for expansion to an entire floor at the property. According to a source, Brady is considering a co-tenanting arrangement with a neighbor from nearby Indian Creek, the exclusive area known as Billionaire Bunker, where Brady is constructing a mansion.

 

 
 

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Joelle Oiknine has been recognized as one of the Top Ten producing agents at ONE Sotheby’s International Realty as well as being named to the Real Trends WSJ Top 100 agents in Miami on multiple occasions.

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