News Summary
Uber has signed a deal to expand its office in Miami by leasing an additional 13,000 square feet at 3 MiamiCentral, doubling its presence in the building. This expansion showcases the growing commercial real estate market in South Florida and reaffirms Uber’s commitment to the region as a hub for innovation and business growth. The move highlights the strong demand for office space in Miami, with significant investments continuing amidst rising rental costs.
Miami, Florida – Uber has officially signed a deal to expand its office in Miami by leasing an additional 13,000 square feet at 3 MiamiCentral. This expansion effectively doubles the company’s existing footprint in the building located at 161 NW Sixth St, reflecting a broader trend of growing commercial real estate investment in South Florida.
The new lease comes after Uber originally leased 13,000 square feet in August 2021. The deal notably was highlighted in Savills’ second-quarter office report as one of the largest transactions in the Miami area between April and June 2025. This move signals Uber’s commitment to establishing South Florida as a significant hub for innovation and business growth.
Blackstone, the investment firm that purchased the 2 and 3 MiamiCentral office buildings for $230 million in 2021, has expressed confidence in the Miami market. The firm cites strong demographic growth and the availability of talented professionals as key reasons for its optimism. MiamiCentral, where Uber is expanding, offers a range of premier amenities and is conveniently close to public transit, including the Brightline rail service.
Uber initially launched its presence in Miami in 2015, starting with 70 employees in a then-9,333 square foot office at Brickell City Tower. Since then, the demand for office space in the city has surged. Currently, 3 MiamiCentral boasts a total of 100,000 square feet of rentable office space, with about 44,000 square feet still available for lease. It is part of a larger development that includes five buildings spanning six city blocks, integrating a variety of transportation options to enhance accessibility.
In MiamiCentral, the developments include 1 MiamiCentral, which houses 280 residential units and 250 hotel rooms, alongside 2 MiamiCentral, which offers 190,000 square feet of office space. This growth in the office sector is reflective of Miami-Dade County’s changing commercial landscape, where the average office rent reached $62.61 per square foot as of the second quarter of 2025, marking a 14.4% rise from the previous year. Miami Beach currently has the highest office rentals in the region, nearing $110 per square foot, followed closely by Brickell at $92 per square foot.
Despite rising rents, Miami-Dade County’s overall office vacancy rate stands at 17% as of midyear 2025, with an increased 20.4% vacancy present in Class A office spaces. In the past 18 months, the area has seen a delivery of 1.6 million square feet of new office space, with another 1.9 million square feet currently under construction. Miami is becoming a competitive player against New York City, vying for designation as a major U.S. market for office attendance amid the evolving landscape of hybrid work trends.
Moreover, upcoming pre-lease agreements involving major firms like Royal Caribbean and AdventHealth are expected to help absorb the incoming office spaces, reinforcing the area’s robust real estate market. Blanca Commercial Real Estate acted on behalf of Blackstone in Uber’s lease transaction, while CBRE represented Uber but opted not to comment further on the deal.
Deeper Dive: News & Info About This Topic
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- Google Scholar: Miami office market 2025
- Florida YIMBY: Amazon Expands Footprint at Wynwood Plaza
- Encyclopedia Britannica: Miami office real estate
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Author: STAFF HERE ORLANDO WRITER
ORLANDO STAFF WRITER The ORLANDO STAFF WRITER represents the experienced team at HEREOrlando.com, your go-to source for actionable local news and information in Orlando, Orange County, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as Orlando International Fringe Theatre Festival, Megacon Orlando, and Central Florida Fair. Our coverage extends to key organizations like the Orlando Economic Partnership and Hispanic Chamber of Commerce Metro Orlando, plus leading businesses in leisure and hospitality that power the local economy such as Walt Disney World Resort, AdventHealth, and Universal Orlando. As part of the broader HERE network, including HEREJacksonville.com, HEREPetersburg.com, HERETallahassee.com, and HERETampa.com, we provide comprehensive, credible insights into Florida's dynamic landscape.
