Premium Fitness Brand Studio Three Secures Prime Space at Miami's Prestigious 830 Brickell Tower

Studio Three Expands Miami Footprint with Strategic 830 Brickell Location

In a significant expansion move that underscores Miami's growing status as a fitness destination, Studio Three has finalized a lease agreement for an impressive 5,800-square-foot space at the coveted 830 Brickell tower. The premium fitness center, known for its specialized yoga, Pilates, and cycling classes, will debut its second Miami location in the first quarter of 2025, according to representatives for the property's developers.

The innovative fitness brand will occupy a strategic multi-level space, with 800 square feet on the ground floor providing street-level visibility and an additional 5,000 square feet on the second floor for its signature studio experiences. This dual-level approach allows Studio Three to maximize both accessibility and spaciousness in one of Miami's most sought-after commercial properties.

The deal was facilitated by Aaron Butler of Avenue Real Estate Partners representing the landlords, while Allan Perales of Goldstreet Partners acted on behalf of Studio Three. According to the release, the asking rent for the premium space was quoted at $100 per square foot, reflecting the premium value of retail space in this landmark development.

Behind the Brands: Studio Three and 830 Brickell's Prestigious Developers

Studio Three, under the leadership of founder David Blitz, continues its strategic growth with this latest expansion. Blitz, who brings his real estate expertise as co-founder of Chicago-based BlitzLake Partners, has successfully established Studio Three locations in major urban markets including Chicago, Austin, and most recently their first Miami outpost in Wynwood at 96 Northwest 29th Street.

The 830 Brickell tower represents a landmark achievement for its developers, Vlad Doronin's OKO Group and London-based Cain International, led by Jonathan Goldstein. Completed in fall 2024, the 57-story structure stands as the first standalone office tower constructed in Brickell in over a decade, cementing its status as a transformative addition to Miami's commercial landscape.

This prestigious development emerged during a pivotal moment in South Florida's real estate evolution. Under construction during the significant influx of out-of-state companies to the region in 2021-2022, 830 Brickell capitalized on unprecedented demand that drove office rental rates to historic highs, with some spaces in the building commanding nearly $200 per square foot.

Elite Company: Studio Three Joins Roster of Distinguished Tenants

Studio Three's decision to establish its newest location at 830 Brickell places the fitness brand in exceptional company. The tower boasts 100% occupancy with a tenant roster that reads like a who's who of global finance, law, and technology.

Among the high-profile firms calling 830 Brickell home are prestigious law practices Kirkland & Ellis and Sidley Austin; Canadian investment powerhouse CI Financial; tech giant Microsoft; Brazilian financial institution Banco Master; and private equity firm Thoma Bravo. Perhaps most notably, billionaire Ken Griffin secured approximately 95,000 square feet for his Citadel operations after relocating from Chicago to Miami in 2022.

The tower's prestige extends beyond traditional office spaces. A sophisticated Mediterranean restaurant and exclusive private lounge developed by Miami Members Hospitality—a collaborative venture between OKO Group and Tao Group Hospitality—will occupy the top two floors, further enhancing the property's luxury appeal.

Miami's Fitness Sector Experiences Remarkable Growth

Studio Three's expansion at 830 Brickell reflects a broader trend of fitness brands aggressively securing premium spaces throughout South Florida. The region is experiencing unprecedented growth in high-end fitness offerings as luxury brands target affluent residents and the influx of relocating professionals.

Notable recent fitness leasing activities include Equinox pre-leasing an expansive 30,700-square-foot space at Oak Row Equities' mixed-use development in Edgewater. That project, led by David Weitz and Erik Rutter, features a 41-story tower with 399 residential units and approximately 187,000 square feet of commercial space at 2600 Biscayne Boulevard.

In another noteworthy transaction, boutique Pilates studio The Only Studio, under the direction of founders Genevieve and Daniel Ross, secured a 1,300-square-foot location at 1015 Kane Concourse in Bay Harbor Islands, further demonstrating the sector's robust expansion across diverse Miami neighborhoods.

Fitness Meets Luxury: Studio Three's Distinctive Approach

Studio Three has distinguished itself in the competitive fitness landscape through its multi-modality approach. Unlike specialized studios that focus on a single fitness discipline, Studio Three offers premium experiences across three distinct workout styles—cycling, yoga, and interval training—all under one roof.

This comprehensive approach allows members to diversify their fitness routines without requiring multiple memberships or navigating between different locations. The brand's well-appointed facilities, featuring upscale amenities and thoughtfully designed spaces, have resonated with discerning fitness enthusiasts seeking both variety and quality.

The 830 Brickell location is expected to elevate this offering even further, with state-of-the-art equipment and design elements that complement the tower's architectural sophistication.

Insights: Miami Commercial Real Estate and Fitness Market

Why is Brickell attracting so many premium fitness brands?

Brickell's unique demographic profile combines affluent residents, high-earning professionals, and a growing number of relocating executives from major financial centers. This concentration of potential clients with disposable income and limited time makes the area especially attractive to premium fitness concepts that offer efficient, high-quality workout experiences.

How has the influx of out-of-state companies affected Miami's commercial real estate

The migration of major companies from traditional financial centers like New York and Chicago has fundamentally transformed Miami's commercial landscape. Properties like 830 Brickell capitalized on this trend, achieving record rental rates and full occupancy despite delivering significant new inventory to the market. This corporate influx has created a spillover effect benefiting adjacent sectors like premium retail, dining, and fitness.

Are luxury fitness concepts sustainable in the current economic climate?

Premium fitness concepts have demonstrated remarkable resilience even during economic fluctuations. Their membership models create predictable revenue streams, while their focus on experiential value aligns with shifting consumer preferences toward wellness investment. Brands like Studio Three that offer multiple modalities under one roof provide particular value to time-constrained professionals, making them well-positioned for long-term success in areas like Brickell.

What makes 830 Brickell different from other Miami office developments?

As the first standalone office tower constructed in Brickell in over a decade, 830 Brickell represents a new standard in Miami commercial real estate. Its timing during a period of unprecedented demand allowed it to secure an exceptional tenant roster and achieve record-setting rental rates. The building's combination of Class A office space, premium amenities, and strategic retail partners like Studio Three creates a comprehensive ecosystem that appeals to forward-thinking companies and their employees.