Surmount, the New York-based commercial real estate platform, has officially planted its flag in downtown Miami, opening its first Florida office on Wednesday. The move drops a small but focused team into the middle of the action and continues the march of national brokerages building local outposts. The new office gives Surmount on-the-ground coverage for net-lease and sale-leaseback assignments across South Florida.
As reported by South Florida Business Journal, Surmount is starting out with roughly 12 employees in South Florida and is eyeing growth to about 25 people. The Business Journal also notes that the Issenberg Britti Group joined Surmount after departing Marcus & Millichap to run the Miami investment-sales effort, giving the new office instant deal experience rather than a cold start.
According to Business Wire, Surmount launched by consolidating several established net-lease teams into a single full-service platform and has been expanding beyond its New York base. The company’s launch materials highlight brokerage, capital markets and sale-leaseback capabilities, along with a national network of offices and agents. That broader scale is what Surmount says positions it to chase larger institutional mandates in markets like Miami.
Local Team And Focus
The Miami office will be anchored by the Issenberg Britti Group, a Miami-based retail and net-lease investment team that advertises billions of dollars in closed transactions on its website. The group’s materials describe a focus on net-leased retail, sale-leasebacks and 1031 exchange work, the same lanes Surmount has been leaning into across its platform; the Issenberg Britti site outlines those specialties in more detail. With a seasoned local team in place, Surmount can leverage existing listings and buyer relationships from day one instead of slowly building a book from scratch.
Where It Fits In Miami’s Market
The new Surmount office sits in One Downtown, a central business district tower that caught investor attention after a high-profile sale earlier this year. In March, Hoodline reported that Moishe Mana bought One Downtown for roughly $110 million, a deal that underscored investor appetite for downtown office assets. Setting up shop at a core CBD address gives Surmount easier access to tenants, landlords and deal flow across the Miami metro.
Miami’s office market has been showing a flight-to-quality pattern, with strong leasing activity in Class A buildings and rising trophy rents, according to Commercial Observer. That dynamic helps explain why national platforms are racing to put local teams in place: capital is concentrating in top-tier buildings and net-lease product. For a firm built around net-lease and sale-leaseback mandates, Miami lines up as a logical next growth market.
Surmount’s media pages and news items show the company steadily adding offices and senior hires around the country as it builds out operations, signaling that Miami is part of a broader expansion push rather than a one-off beachhead. Local brokers say having a national platform on the ground can help speed up dealmaking and support larger institutional net-lease mandates in South Florida.
