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Millennium Partners Leases 1435 Brickell Ave Office Space To Bolton Global Capital

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LEASED

Florida

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Office21,000 SF
Leased 10/07/2019
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LEASED

Millennium Partners Leases 1435 Brickell Ave Office Space To Bolton Global Capital

1435 Brickell Ave, Miami, FL, 33131

See Similar Deals
Office21,000 SF
Leased 10/07/2019
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Summary

FLORIDA
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:21,000 SF
Transaction Type:Lease

Located at 1435 Brickell Ave, Miami, FL, 33131, the property involved in the transaction is an office asset spanning 21,000 square feet. The lease was closed between the Tenant Bolton Global Capital and the Landlord Millennium Partners in the vibrant Miami market.

Summary of transaction details:

Principal Wayne Schuchts and Broker Bobby Benton from Avison Young represented the Landlord in the deal, while Tenant Bolton Global Capital was represented by Savills’ Steve Woodworth and Tyler Wyant from CBRE. The property, situated at the Four Seasons Tower, is now at 96% occupancy, with notable tenants such as HSBC, Urban Real Estate, and various law companies including Avison Young. Additionally, the Brickell submarket boasts the lowest Class A office vacancy rate in Miami-Dade County and commands the highest rents at $55.3 per square foot.

Players

Steve Woodworth
3 deals(617) 925-6310
BROKER


LANDLORD

Details

LEASED
IMAGE: 10/07/2019 ADDRESS: 1435 Brickell Ave, Miami, FL, 33131 MARKET: Miami ASSET TYPE: Office TENANT'S REP: Steve Woodworth(Savills), Tyler Wyant(CBRE) TENANT: Bolton Global Capital LANDLORD: Millennium Partners SQUARE FEET: 21000

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Deal Type
Effective Rent (Annual)

$1,203,707.33

Total Lease Value

$12,037,073.28

Net Landlord Cash Flow$1,203,707.33