Poonam Khubani Leases Multifamily Property At 2901 Collins Avenue To Hyung Leer For $21/ft

The property asset involved in this lease transaction is a multifamily unit located at 2901 Collins Avenue in Miami Beach. The total square footage of the space is 5,011. The asking rent for this property is set at $21 per square foot, and the lease agreement established is for a term of one year under a single net lease.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $21/ft
• Address: 2901 Collins Avenue
• Market: Miami Beach
• Landlord: Poonam Khubani TRS - Poonam Khubani
• Tenant: Hyung leer
• Broker: Eva Garzon & Phoebe Richmond - The Grand Lion Real Estate Group; Anna Sherrill - One Sotheby's International RE
• Lease Term: 1 year
• Lease Type: Single Net Lease
• Square Footage: 5,011

Key individuals involved in this transaction include landlord Poonam Khubani, who represents the Poonam Khubani TRS entity, and tenant Hyung leer. The brokerage team includes Eva Garzon and Phoebe Richmond from The Grand Lion Real Estate Group, along with Anna Sherrill from One Sotheby's International Real Estate, highlighting the collaborative effort in this leasing process.