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100 Southeast 2nd Street

Littler Mendelson P.C. Leases 12,000 SF Office Space At Miami Tower With DRA Advisors As Landlord
LEASEDOffice

Littler Mendelson P.C. Leases 12,000 SF Office Space At Miami Tower With DRA Advisors As Landlord

100 Southeast 2nd Street

$63

$63/SF

Building Size

12,000 SF

Asset Type

Office

Closing

May 29, 2025

AI

The property asset involved in this transaction is an office space located at 100 Southeast 2nd Street, within the Miami market. The leased area encompasses 12,000 square feet with a full service gross lease type. The asking rent for this office space is set at $63 per square foot.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: $63/ft
  • Square Footage: 12,000 SF
  • Address: 100 Southeast 2nd Street - Miami Tower
  • Market: Miami
  • Landlord: DRA Advisors and CP Group
  • Tenant: Littler Mendelson P.C.
  • Landlord's Representative: Gordon Messinger & Randy Carballo - CBRE
  • Tenant's Representative: Jessica Reyes, Zach Wendelin & Adam Bernstein - JLL

This transaction involved key representatives from both the landlord and tenant side. The landlord was represented by Gordon Messinger and Randy Carballo from CBRE, while the tenant's side was represented by Jessica Reyes, Zach Wendelin, and Adam Bernstein from JLL.

Players

Adam Bernstein

JLL

Broker

8 deals

Broker
CG
CP GroupLandlord

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