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Key Point Academy Leases 62,349 SF Office Space At 1501 Biscayne Blvd, Miami

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LEASED

Florida

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Office62,349 SF
Leased 01/22/2024
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LEASED

Key Point Academy Leases 62,349 SF Office Space At 1501 Biscayne Blvd, Miami

1501 Biscayne Boulevard

See Similar Deals
Office62,349 SF
Leased 01/22/2024
Contact now

Summary

FLORIDA
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:62,349 SF
Transaction Type:Lease

Located at 1501 Biscayne Boulevard in Miami, the 1501 Omni Building is an office property spanning 62,349 square feet. The recent lease transaction involved Key Point Academy, with Peter Idagu signing a lease agreement to relocate the academy from 609 Brickell Ave to this new location.

Summary of transaction details

Colliers International played a pivotal role in the lease negotiations, representing both the landlord, Resorts World Omni, and the tenant, Peter Idagu and Key Point Academy. The relocation signifies a strategic move for Key Point Academy as they settle into their new 62,349-square-foot space in the 1501 Omni Building in Miami.

Players

Pablo Camposano
3 deals$17.5M volume
BROKER

Dave Preston
Colliers
4 deals$8M volume(786) 517-4972
BROKER

Details

LEASED
IMAGE: Pablo Camposano, Peter Idagu, Dave Preston & Jonathan Carter DATE: 01/22/2024 ADDRESS: 1501 Biscayne Boulevard MARKET: Miami ASSET TYPE: Office ~ SF: 62,349 TENANT: Peter Idagu - Key Point Academy (@KeyPointsAcademy) BROKERS: Dave Preston, Jonathan Carter & Pablo Camposano - Colliers International (@ColliersInternational) NOTE: Key Point Academy has signed a 62,349-square-foot lease at the 1501 Omni Building in Miami, relocating from 609 Brickell Ave. Colliers represented both the landlord, Resorts World Omni, and the tenant in the lease negotiations.

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Deal Type
Effective Rent (Annual)

$3,573,807.06

Total Lease Value

$35,738,070.56

Net Landlord Cash Flow$3,573,807.06