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Seritage Growth Properties Leases Esplanade At Aventura To CCRM Fertility

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LEASED

Florida

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Mixed-use18,200 SF
Leased 03/16/2022
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Property Image
LEASED

Seritage Growth Properties Leases Esplanade At Aventura To CCRM Fertility

19505 Biscayne Boulevard, Aventura, Florida 33180, United States

See Similar Deals
Mixed-use18,200 SF
Leased 03/16/2022
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Summary

FLORIDA
Asset Type:Mixed-use
Total Square Footage:18,200 SF
Transaction Type:Lease

The Esplanade at Aventura, located at 19505 Biscayne Blvd in Aventura, has recently been leased. The mixed-use property, owned by Seritage Growth Properties, has secured CCRM Fertility as its new tenant. The lease transaction was facilitated by Gordon Messinger of CBRE, representing the landlord, and Matthew Goodman and Iker Belauste of JLL, representing the tenant.

Summary of transaction details

  • Property Type: Mixed-use
  • Transaction Date: 03/16/2022
  • Market: Aventura
  • Asking Rent: $65/ft.
  • Square Footage: 18,200 SF

Gordon Messinger of CBRE represented Seritage Growth Properties, the landlord, in the lease transaction of the Esplanade at Aventura. Matthew Goodman and Iker Belauste, both from JLL, served as the tenant's representatives. Together, they finalized the deal, securing CCRM Fertility as the new tenant for this mixed-use property in Aventura.

Players

Matthew Goodman
6 deals
BROKER

Gordon Messinger
CBRE
33 deals$164M volume
BROKER

Iker Belauste
CBRE
4 deals
BROKER

JLL
BROKERAGE

Details

LEASED
IMAGE: Gordon Messinger DATE: 03/16/2022 ADDRESS: Esplanade at Aventura - 19505 Biscayne Blvd MARKET: Aventura ASSET TYPE: Mixed-use LANDLORD: Seritage Growth Properties TENANT: CCRM Fertility LANDLORD'S REP: Gordon Messinger - CBRE (@CBRE) TENANT'S REP: Matthew Goodman & Iker Belauste - JLL (@JLL) ASKING RENT: $65/ft. ~ SF: 18,200

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Deal Type
Effective Rent (Annual)

$1,043,213.02

Total Lease Value

$10,432,130.17

Net Landlord Cash Flow$1,043,213.02