Coworking firm Spaces, owned by IWG, has inked a deal to take up 51,064 square feet in one of Miami Beach’s marquee properties.
Spaces will take up 55% of total office space within the 1111 Lincoln location, which is home to companies such as Juvia and Shake Shack. The property itself includes 94,488 square feet of office space and 51,839 square feet of retail and restaurant space.
This is the company’s second Miami lease this month, having just signed a deal to take up 49,000 square feet of space at 801 Brickell Avenue as the coworking market continues to blossom in South Florida.