facebook

traded

+ Submit
Home

/

Deals

/

Florida

/

Office

/

Lease

/

1101 Brickell Avenue

British Consulate, A6 Security, INS Homebuyers & Anna Prata Accessories USA Lease Office Space At 1101 Brickell Ave In Miami
LEASEDOffice

British Consulate, A6 Security, INS Homebuyers & Anna Prata Accessories USA Lease Office Space At 1101 Brickell Ave In Miami

1101 Brickell Avenue

$54

$54/SF

Building Size

12,000 SF

Asset Type

Office

Closing

Apr 4, 2023

AI

An office space located at 1101 Brickell Avenue in Miami has been leased. The property, spanning 12,000 square feet, was leased by British Consulate, A6 Security, INS Homebuyers & Investment Properties, and Anna Prata Accessories USA. The lease was facilitated by Jake Freeman and Kevin Gonzalez from Colliers. The landlord, Florida East Coast Realty represented by Austin Hollo, agreed to an asking rent of $54 per square foot.

Summary of transation details

  • Property Type: Office
  • Transaction Amount: Lease
  • Date: 04/04/2023
  • Address: 1101 Brickell Avenue
  • Market: Miami

The lease deal for the office space at 1101 Brickell Avenue was successfully negotiated. Jake Freeman and Kevin Gonzalez from Colliers served as the brokers in this transaction, representing the tenants. The lease agreement was reached with the landlord, Florida East Coast Realty, represented by Austin Hollo. The specific terms of the lease, such as the duration and any additional conditions or provisions, were not disclosed in the available information.

Players

Kevin Gonzalez

Colliers

Broker

16 deals

Broker

Austin Hollo

Florida East Coast Realty

Landlord

$6.2M

vol

3 deals

Landlord

Miami Office Market Snapshot

Boundary boundary · Office · Lease transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

293759.26%

Cash-on-Cash

-83957.30%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93