Sonder Leases Hotel At 300 21st St. From Jordache - Nakash Family With Brokers Robert Chattah & Aziz Kabbaj - Reshape Advisory
LEASED
$95
Florida
See Similar DealsHotel20,000 SF
Leased
LEASED
Sonder Leases Hotel At 300 21st St. From Jordache - Nakash Family With Brokers Robert Chattah & Aziz Kabbaj - Reshape Advisory
300 21st Street
See Similar DealsHotel20,000 SF
Leased
Summary
FLORIDA
Asset Type:Hotel
Price Per Square Foot:$95
Total Square Footage:20000 SF
Transaction Type:Lease
The Abbey Hotel, located at 300 21st St., has been leased out to Sonder. The hotel, with approximately 20,000 square feet of space, has become the new venture for Sonder, with an asking rent of $95 per square foot.
Summary of transaction details:
- Property Type: Hotel
- Date: 12/18/2019
- Tenant: Sonder
- Landlord: Jordache - Nakash Family
- Brokers: Robert Chattah & Aziz Kabbaj - Reshape Advisory
- Asking Rent: $95 per square foot
The leasing deal for The Abbey Hotel was facilitated by Robert Chattah and Aziz Kabbaj of Reshape Advisory, representing the parties involved. This venture marks another milestone for Sonder and showcases their dedication to providing unique hospitality experiences.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$2,178,137.07
Total Lease Value
$21,781,370.69
Net Landlord Cash Flow$2,178,137.07
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