Nightingale Properties announced that DoorLoop, an all-in-one property management program, has relocated to Lincoln Place. The new tenant leased 8,142 square feet of office space in the building, taking up the entire second floor.
Lincoln Place, an eight-story mixed-use boutique building that holds 139,887 square feet of Class A office space, combines high-end amenities with a prime location. Nestled in the heart of Miami’s historic district of South Beach, the boutique luxury building is located at 1601 Washington Avenue, just steps away from the world-famous Lincoln Road, its upscale retail and restaurants, and Miami Beach’s only pedestrian mall, Lincoln Road Mall. Drawing inspiration from the Art Deco style of South Beach, Lincoln Place offers modern spec suites, an updated tenant lounge and conference center, ample parking, on-site retail, and food and beverage options that amplify the workplace experience.
“This lease reinforces the growing demand for high-end office space in the mecca of Miami,” said Avi Kollenscher, Executive Vice President of Nightingale Properties. “As Miami continues to evolve into a global hub for wealth, technology, and families, we are seeing more traffic and heightened rates in neighborhoods like Miami Beach that offer newly renovated buildings with move-in-ready suites, scenic views, and amenities close by,” Kollenscher adds. “Today, Lincoln Place has established itself as a leading expansion hub for high-end individuals relocating to Miami who are unable to wait for the lengthy delivery times experienced in other nearby neighborhoods.”
Today, Miami Beach is a thriving corporate destination well-positioned to meet the rising short-term demand for office space. With new high-rise office developments in the CBD not expected to deliver until late 2025-2028, leasing activity has increased in Miami Beach as the immediate demand for quality office space remains strong. The continued residential and commercial development in the area including the new construction of Class A office and mixed-use products has attracted high-quality tenants across the nation.
Blanca Commercial Real Estate represented the landlord and the owner, Nightingale Properties. The leasing team was led by Chris Harak, Executive Vice President; alongside Sky Jones, Associate Vice President; and Tere Blanca, Chairman and Chief Executive Officer. Co-brokers Tyler De La Pena and Stephen Rutchik with Colliers represented the tenant.
About Nightingale Properties:
Led by Elie Schwartz, Nightingale Properties is an established vertically-integrated commercial real estate investment firm founded in 2005 with a track record exceeding 10 billion. Headquartered in New York City, Nightingale Properties has owned and managed over 22 million square feet of office, retail, data center, life sciences, and parking assets across 22 states. Primarily, Nightingale Properties seeks value-oriented investments with repositioning or redevelopment opportunities in high-growth and urban core markets. By leveraging a proprietary network to identify unique real estate opportunities, Nightingale Properties targets well-located assets with intrinsic, under-appreciated value due to operating inefficiencies, undercapitalization, or market dislocation, in addition to core, defensive, truly multi-generational investment opportunities that stand the test of time.
For more information about Nightingale Properties, please visit www.thenggroup.com.
