Updated Sep 1, 2026
RP Heat Leases 3,326 SF At Panorama Tower In Brickell With Inhouse Commercial As Tenant's Rep
19501 Biscayne Boulevard
$1
$1/SF
Building Size
10,000 SF
Asset Type
Commercial
Closing
Aug 17, 2026
About this deal
AI
This commercial asset is located at 1100 Brickell Bay Drive in the Brickell market. The space encompasses 3,326 square feet and is leased at an asking rent of $90 per square foot.
Summary of transaction details:
- Property Type: Commercial
- Transaction Amount: Not specified
- Tenant: RP Heat
- Landlord's Representative: Ryan Brodsky & Jonathan Carter - Colliers
- Tenant's Representative: Alexandra Mesa & Jared Robins - Inhouse Commercial
RP Heat has signed a lease for a flagship location at Panorama Tower, which indicates a strategy to enhance Reforming Pilates' presence within South Florida.
On the Map
$1
$1/SF
Commercial
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
15863000.00%
Cash-on-Cash
-4533694.08%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93