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121 Alhambra Plaza

Harold E. (Ed) Patricoff, Jr. Of Lawson Huck Gonzalez Leases Office Space In Coral Gables
LEASEDOffice

Harold E. (Ed) Patricoff, Jr. Of Lawson Huck Gonzalez Leases Office Space In Coral Gables

121 Alhambra Plaza

Building Size

3,642 SF

Asset Type

Office

Closing

Jul 30, 2025

AI

The property asset involved in this transaction is an office located at 121 Alhambra Plaza in Coral Gables. The office spans a total of 3,642 square feet and is part of a new establishment opened by Lawson Huck Gonzalez. The asset is situated in a market known for its commercial activity.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not disclosed
  • Lease Term: five-year
  • Landlord: Allen Morris - The Allen Morris Co.
  • Tenant: Harold E. (Ed) Patricoff, Jr. - Lawson Huck Gonzalez

Key individuals in this transaction include Allen Morris, representing The Allen Morris Co., who is the landlord, and Harold E. (Ed) Patricoff, Jr., representing Lawson Huck Gonzalez, who is the tenant. Patricoff has been brought on as a shareholder to lead the firm’s expansion efforts, emphasizing areas such as complex commercial litigation and international regulatory matters.

Players

Allen Morris

The Allen Morris Co.

Landlord

$111.4M

vol

4 deals

Landlord

Coral Gables 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