DRA Advisors And CP Group Lease Miami Tower Office Space To LifeSpanMD For 15,000 SF
100 Southeast 2nd Avenue
$63
$63/SF
Building Size
15,000 SF
Asset Type
Office
Closing
Nov 12, 2025
AI
The lease transaction involves office space located at Miami Tower, specifically at 100 SE 2nd Street in the Miami market. It encompasses a total area of 15,000 square feet, with an asking rent of $63 per square foot. The lease type is Full Service Gross.
Summary of transation details:
- Property Type: Office
- Transaction Amount: Not specified
- Address: Miami Tower - 100 SE 2nd Street
- Market: Miami
- Landlord: DRA Advisors & CP Group
- Tenant: LifeSpanMD
- Landlord's Rep: Gordon Messinger & Randy Carballo - CBRE
- Tenant's Rep: Lucia Hedke & Blake Goodman - JLL
- Lease Type: Full Service Gross
- Square Footage: 15,000
- Asking Rent: $63/ft
LifeSpanMD signed a long-term lease for an entire full floor at Miami Tower, which will accommodate two of their partner practices. The Princeton Longevity Center will occupy 12,000 square feet while Lifespan Medicine will utilize 3,000 square feet.
Miami Office Market Snapshot
Boundary boundary · Office · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
251793.65%
Cash-on-Cash
-71963.40%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93