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NUC University Florida Technical College Signs Lease For 30000 SF Facility In Cutler Bay

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LEASED
Joe Lubeck
Liat Toledano
Isaac Toledano
+ 2

Florida

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Mixed-use30,000 SF
Leased 06/12/2025
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LEASED

NUC University Florida Technical College Signs Lease For 30000 SF Facility In Cutler Bay

20505 South Dixie Highway

See Similar Deals
Mixed-use30,000 SF
Leased 06/12/2025
Joe Lubeck
Liat Toledano
Isaac Toledano
+ 2
the dealplayerscompscontact
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Summary

FLORIDA
Asset Type:Mixed-use
Price Per Square Foot:$0
Total Square Footage:30,000 SF
Transaction Type:Lease

The property involved in this transaction is a mixed-use facility located at 20505 South Dixie Highway in Cutler Bay, with a total square footage of 30,000. The asset is part of a significant redevelopment initiative valued at $1.5 billion, aimed at transforming the area into a mixed-use hub featuring over 5,000 residences, 500,000 square feet of retail, and a 150-room hotel.

Summary of transaction details:

NUC University Florida Technical College renewed its lease at SouthPlace City Center, consolidating into a new facility as part of ongoing redevelopment efforts. The key individuals in this transaction include multiple landlords representing different organizations and the tenant, James Michael Burkett, who plays a significant role in NUC FTC's expansion plans.

Details

LEASED
IMAGE: Craig Delasin, Isaac Toledano, James Michael Burkett, Liat Toledano & Joe Lubeck DATE: 06/12/2025 ADDRESS: 20505 South Dixie Highway MARKET: Cutler Bay ASSET TYPE: Mixed-use ~ SF: 30,000 LANDLORD: Joe Lubeck - American Landmark Apartments (@AmericanLandmarkApartments); Liat Toledano (@Liat_8) & Isaac Toledano - BH Group (@BHGroupMiami); Craig Delasin & Paul Motta - Urban Retail Properties TENANT: James Michael Burkett - NUC University Florida Technical College (NUC FTC) (@FTCCollege) NOTE: NUC University Florida Technical College renewed its lease at SouthPlace City Center in Cutler Bay, consolidating into a new 30,000 SF facility as part of the mall's $1.5B redevelopment. The move aligns with plans to transform the site into a mixed-use hub with 5,000+ residences, 500K SF of retail, and a 150-room hotel.

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Deal Type
Effective Rent (Annual)

$1,719,581.90

Total Lease Value

$17,195,818.97

Net Landlord Cash Flow$1,719,581.90