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
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