Banco do Brasil Americas Adds 3 New Branches in SoFla
- Mar 27, 2015
Miami-based Banco do Brasil Americas has signed leases for three new South Florida branches. The offices are located in Lighthouse Point, Aventura and in Doral.
Senior Vice President Luciana Carvalho of Blanca Commercial Real Estate finalized the lease transactions with Banco do Brasil Americas. Financial terms of the agreements were not disclosed.
The tenant is a subsidiary of Banco do Brasil, SA, one of the largest financial institutions in Brazil and one of the oldest financial institutions in the world with a history of more than 200 years. Banco do Brasil has more than 50 million customers with over 5,000 bank branches. The American representative was established in 2012 and currently has five branches in operation throughout the state of Florida, with locations in Brickell, Pompano, Orlando and two in Boca Raton.
The newly inked locations include a 3,422-square-foot branch in Doral at 2600 NW 87th Avenue, which recently opened in July 2014; a 3,496-square-foot branch in Aventura at 17900 Biscayne Boulevard, set to open in the first semester of 2015; and a 1,619-square-foot branch in Lighthouse Point at 3450 N. Federal Highway, also scheduled to open in the first semester of 2015.
“With Miami widely known as the gateway to Latin America, we have seen major multinational corporations set up regional headquarters in Miami to access Latin America,” said Carvalho in a statement for the press. “Now, we’re seeing more and more Latin American companies – from Brazil, Chile, Argentina – coming to South Florida to access the U.S. market,” she added.
Image source: Blanca Commercial Real Estate