Client: Banco do Brasil Americas

Services Provided: Tenant Representation

Case Study:

Client: Banco do Brasil Americas
Location: Doral, FL, Aventura, FL, Lighthouse Point, FL and Orlando, FL
Size: 1,916 SF to 3,496 SF

About the Client

Banco do Brasil Americas is a subsidiary of Banco do Brasil S.A., which is the largest financial institution in Latin America and one of the oldest financial institutions in the world with a history of more than 200 years. Banco do Brasil Americas operates as a U.S. bank and provides a range of banking and financial services to customers in the United States.

As a subsidiary of Banco do Brasil S.A., Banco do Brasil Americas leverages its parent company’s extensive banking network and resources to offer various products and services, including personal and business banking, savings and checking accounts, loans, mortgages, credit cards, international banking, and investment solutions.

Client's Objectives

With over 5,000 bank branches, in 2012, Banco do Brasil was looking to further expand its footprint in Florida and to operate as Banco do Brasil Americas (“BBA”) to meet growing demand of Brazilian and international clients. BBA wanted modern spaces, attractive deals, ample parking, and access to the region’s growing number of Brazilian communities.

Our Approach
  • During the due diligence phase, the focus was on understanding the bank’s culture, brand identity, and strategic business objectives, including short and long-term goals.
  • A demographic analysis was conducted to identify strategic locations for BBA’s bank branches.
  • A space program was developed, defining the size and scope of BBA’s space needs.
  • A full market survey was conducted based on BBA’s space program, aligned with its goals and objectives.
  • Multiple simultaneous negotiations were conducted in several submarkets throughout Florida.
Results Achieved
  • Banco do Brasil Americas was able to expand its Florida presence.
  • The real estate strategy implemented during the five-year project resulted in identifying four bank branches for BBA in Doral, Aventura, Lighthouse Point, and Orlando.
  • The Orlando bank branch location was designed and built from the ground up according to BBA’s aesthetic.
  • The Doral, Aventura and Lighthouse Point bank branch locations had existing structures and were retrofitted to BBA’s bank standards.
  • The lease negotiations resulted in building signage, free rent to handle the time to build out the premises, special parking rights and tenant improvement allowance paid by the landlord.

This case study is a testament to the Carvalho Commercial Real Estate’s ability to deliver results for their clients. They were able to provide a comprehensive and customized service that helped Banco do Brasil Americas achieve their goals and objectives.

Want to Succeed Like Banco do Brasil Americas?

Ready to find your perfect space and grow your business like Banco do Brasil Americas did? Contact Carvalho Commercial Real Estate today to learn more about how our team can help you find the best commercial properties in South Florida, negotiate favorable terms, and reduce your overall real estate costs. Reach out to us by clicking the link on the right and schedule a consultation today!

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