Tom Brady’s TEB Capital Management Relocates Headquarters to Bay Harbor Islands

Former quarterback-turned-businessman Tom Brady is relocating the headquarters of his family office, TEB Capital Management, to The Well, a health-focused development in Bay Harbor Islands. The firm has leased 8,400 square feet at the mixed-use project under construction at 1177 Kane Concourse.

South Florida has become a magnet for companies and high-net-worth individuals in recent years. Many have opened business headquarters and purchased luxury homes in the region. Brady, a seven-time Super Bowl champion, is among them, as he builds a two-story estate in the exclusive Indian Creek Village, complete with a gym, sports court, outdoor kitchen, and other amenities.

The Brady deal was brokered by Blanca Commercial Real Estate, led by Tere Blanca, representing Terra, the developer of The Well. Kevin Gonzalez, Stephen Rutchik of Colliers, and Brandon Charnas of Current Real Estate Advisors represented Tom Brady Enterprises.

Terra, based in Coconut Grove and led by David Martin, is developing The Well. The project will feature a 113,000-square-foot, five-story building with office space, retail, a lobby, and a rooftop with meeting space and fitness classes. An eight-story condo building with 66 units and over 22,000 square feet of amenities is also part of the development. The Well Club, known for its locations in New York and other cities, will manage the Bay Harbor Island development, marking the first The Well-branded office and condo project. The club’s health-focused services include acupuncture and vitamin B12 drips, as reported by Bloomberg.

The project is slated for completion next year, and 35 percent of the office space has already been released. Commercial real estate financier Dwight Capital will occupy a 23,000-square-foot space in the development. This year, Dwight Capital relocated its headquarters to South Florida from a previous outpost at Milton Tower in Sunny Isles Beach.

Tom Brady Enterprises includes various business ventures such as Brady Brands, a sportswear company; TB12, a wellness-focused brand; and Religion of Sports, a production company. Additionally, Brady owns stakes in multiple sports teams and a pickleball franchise.