Fitbox Method Signs Lease At 1150 Brickell Bay Dr Miami Represented By Jenny Gefen
1150 Brickell Bay Dr, Miami, FL, 33131
Building Size
—
Asset Type
Office
Closing
Nov 20, 2023
About this deal
AI
The property involved in this transaction is located at 1150 Brickell Bay Dr, Miami, FL, 33131, within the Miami market. The landlord for this lease is KKR, while Fitbox Method is the tenant. The square footage for this transaction is reported as 0.
Summary of transaction details:
- Property Type: Lease
- Transaction Amount: Not specified
- Address: 1150 Brickell Bay Dr, Miami, FL, 33131
- Market: Miami
- Landlord's Representative: Jenny Gefen - Colliers International
- Tenant: Fitbox Method
- Landlord: KKR
- Square Feet: 0
Key individuals in this transaction include Jenny Gefen, who represents the landlord through Colliers International. KKR is the landlord engaging in this lease transaction with Fitbox Method, a company that has secured the lease at the aforementioned address.
Players
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
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93