L&L Holding Company and Oak Row Equities Announce New Office Lease with Amazon at Miami’s Wynwood Plaza

L&L Holding and Oak Row Secure Largest Office Lease Ever Recorded in Wynwood District

L&L Holding Company and Oak Row Equities, along with project partner Shorenstein Investment Advisers and co-investor Claure Group, today announced an agreement with Amazon to create a Miami office at Wynwood Plaza, a mixed-use campus nearing completion in the famed Wynwood Arts District. At 50,333 square feet, it is the largest office lease ever recorded in Miami’s Wynwood submarket.

As part of a one million-square-foot mixed-use campus located at 95 NW 29th Street, Wynwood Plaza’s 12-story office tower will encompass 266,000 square feet of Class AAA, state-of-the art workspace, as well as an array of indoor and outdoor amenities. Completion is slated for early 2025.

Amazon will join notable tenants including prominent investment firm Claure Group, led by Marcelo Claure, which will establish its 25,400-square-foot headquarters across the entire sixth floor, and acclaimed national law firm Weitz & Luxenberg which will establish its first Miami office encompassing 18,000 square feet across the second floor.

“We designed Wynwood Plaza’s office tower as a tech-forward environment situated within a larger hub of commerce, culture and entertainment,” said L&L Holding Vice President, Bryan Lapidus. “We’re thrilled Amazon has selected Wynwood Plaza as its home in Miami. As one of the only new office towers delivering in the market this year, we’re confident it will continue to draw leading companies seeking a world-class, highly-amenitized workspace in one of the most exciting regions in the country.”

“Amazon’s decision to establish a presence at Wynwood Plaza and in the City of Miami underscores Miami’s growing significance as a dynamic, high-growth market in the American economy,” said Erik Rutter and David Weitz, Managing Partners at Oak Row Equities. “Our Class AAA office product was thoughtfully designed to meet the needs of forward-thinking companies shaping the future. Amazon’s presence at Wynwood Plaza not only reinforces the global importance of Miami but also highlights the exceptional quality of this live-work-play campus. We are thrilled to welcome Amazon’s South Florida workforce to this state-of-the-art office tower, meticulously crafted to inspire collaboration, innovation, and talent retention for years to come.”

Wynwood Plaza’s office tower places a premium on occupant health and wellness with efficient floor plates, column-free spaces, private tenant terraces and floor-to-ceiling windows for abundant natural light. A dedicated amenity hub on the second floor features a fitness club with world-class equipment, showers and lockers, a golf simulator and conference rooms.

“Amazon making the decision to open a Miami office in Wynwood demonstrates both the excitement around the future of the Wynwood neighborhood as well as recognition of the quality of this tremendous project, while also demonstrating that the interest in major business’ opening Miami offices is still strong,” said Andrew Trench, Managing Director at Cushman & Wakefield. “We are extremely excited to welcome Amazon to Wynwood Plaza and are already receiving indications that many more will follow.”

A lushly landscaped rooftop with flexible seating options and shaded areas is the perfect place to recharge after a meeting or connect with colleagues. The tower will also feature a 25-foot-tall grand lobby, best-in-class air filtration, touchless entry with destination dispatch elevator systems and an on-site parking garage.

Office tenants and their guests will also benefit from Wynwood Plaza’s lushly landscaped, 26,000-square-foot public plaza at street level. Created by the urban design team behind NYC’s High Line and Miami’s The Underline, Field Operations, the plaza’s signature element is a vibrant paseo that will wind through a series of sculptures, art installations, native trees and other plantings. The airy, stylish outdoor space will be surrounded by 25,000 square feet of retail, featuring a dynamic mix of indoor and outdoor dining, lifestyle boutiques, curated storefronts, convenience locations and fast casual spots.

In addition to the office tower, L&L, Oak Row and their partners are nearing completion on Wynwood Plaza Residences, the campus’ luxury apartment community. The Residences’ 509 high-end rental apartments feature floor-to-ceiling windows, exceptional finishes and flexible layouts. Residents can access one of the most exclusive amenity programs in the Miami market, with 45,000 square feet of indoor and outdoor offerings.

Located at the nexus of Miami’s Wynwood, Midtown, Design District and Edgewater neighborhoods, Wynwood Plaza is surrounded by the city’s best culture, dining, shopping and nightlife. With its proximity to I-95, Wynwood Plaza also offers unparalleled access from all over Miami to Broward and Palm Beach Counties and up the east coast. Its proximity to I-195 affords convenient access to Miami Beach and Miami International Airport.

Wynwood Plaza was represented by L&L’s Bryan Lapidus, as well as by Andrew Trench, Edward Quinon, and Brian Gale of Cushman & Wakefield. Tom Capocefalo and Mike Catalano of Savills represented Amazon.

To learn more about Wynwood Plaza, please visit: https://wynwood-plaza.com/.

About L&L Holding Company

L&L Holding Company is a privately held, vertically integrated real estate company founded in 2000 by David Levinson and Robert Lapidus that has acquired or developed over 10 million square feet of prime commercial and residential space in New York and Florida. The company’s current portfolio includes such current and future icons as 425 Park Avenue, 390 Madison Avenue, Terminal Warehouse, Wynwood Plaza, and Central Gardens Grand. For more information, visit www.ll-holding.com

About Oak Row Equities

Oak Row Equities is a vertically integrated real estate private equity and development company. Founded in 2018 by Erik Rutter and David Weitz with offices in New York City and Miami, Oak Row Equities has expertise in acquisitions, development, architecture, construction, asset management, leasing, and accounting. Since its inception, Oak Row Equities has acquired more than one billion dollars of assets and is under development on more than three million square feet of class-AAA real estate, including over 1,600 luxury multifamily units and approximately 500,000 sf of office. For more information, visit www.oakrowequities.com.

About Shorenstein  

Shorenstein is a privately-owned investment adviser that, through affiliated entities, owns and operates high-quality office, residential and mixed-use properties across the U.S., with offices in San Francisco and New York. Since 1992, Shorenstein and its affiliates have acquired $19 billion in assets (as of December 31, 2023). Using their integrated investment and operating capabilities, the firm seeks to take advantage of opportunities that, at the particular time in the investment cycle, offer attractive returns. Investments have included ground-up developments, asset repositioning and stabilized assets; investment structures have included asset acquisitions, mezzanine loans, preferred equity investments and structured joint ventures. More information is available at www.shorenstein.com.

About Claure Group

Claure Group is a multi-billion-dollar investment firm deploying proprietary capital across various sectors and asset classes, including AI & technology, climate & energy transition, and lifestyle & entertainment. Claure Group invests directly in companies and through leading investment funds. Notable investments include T-Mobile, the world’s most valuable telecommunications company, where Claure is the largest individual shareholder; SHEIN, the fastest growing global on-demand fashion company, where Claure serves as Group Vice Chairman; and Bicycle Capital, Latin America’s premier growth equity fund, where Claure serves as Executive Chairman.