PROPTECH COMPANY RELOCATES TO 8,200-SQUARE-FOOT OFFICE IN SOUTH BEACH
Levy Public Relations
A local proptech company just relocated to a larger office space in South Beach.
In January, DoorLoop took over the entire second floor of Lincoln Place, a 139,887-square-foot building at 1601 Washington Avenue. The 8,142-square-foot space will hold more than 60 people working in the areas of tech support, account management, marketing, development, customer service, migration, HR, recruiting, accounting, and more, said Caraline Harwood, DoorLoop’s operations manager.
DoorLoop was previously located in a 3,000-square foot space at 560 Lincoln Road in Miami Beach
Harwood said the company relocated to Lincoln Place because it provides enough room for the company to grow. The building was also in an area already familiar to DoorLoop’s existing employees, and it’s is a prime location to help attract additional talent, she added.
DoorLoop was represented by Tyler De la Pena and Stephen Rutchik of Colliers. Lincoln Place’s landlord, Nightingale Properties, was represented by Chris Harak, Sky Jones, and Tere Blanca of Blanca Commercial Real Estate.
Founded in 2019, DoorLoop provides an automated management process for landlords that includes listing units, rent collection, and maintenance. It has raised $30 million from venture capitalists so far, including $20 million from Alpine Software Group last September.
Miami Beach’s office market has attracted a lot of interest from financial services companies as well as tech companies. The leasing activity has been driven by business owners who live in Miami Beach and don’t wish to commute from other areas, brokers have told the Business Journal.
Although technically owned by the City of Miami Beach, Lincoln Place’s long-term lease was purchased by Nightingale Properties for $80 million in December 2016.