Dara Khosrowshahi Of CBRE Leases 13K SF Office At 161 Northwest 6th Street Miami
161 Northwest 6th Street
Building Size
13,000 SF
Asset Type
Office
Closing
Jul 2, 2025
AI
The asset involved in this transaction is an office space located at 161 Northwest 6th Street in Miami. The total square footage is 13,000. This lease transaction contributes to the overall market presence in the Miami area.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not Specified
- Address: 161 Northwest 6th Street
- Market: Miami
- Landlord: Stephen A. Schwarzman - Blackstone
- Tenant: Dara Khosrowshahi - Uber
- Landlord's Representative: Tere Blanca - Blanca Commercial Real Estate
- Tenant's Representative: CBRE
Uber has expanded its presence at 3 MiamiCentral, increasing its total leased space in the building to 26,000 square feet with this new lease. The deal marks one of the largest transactions in Miami for Q2, highlighting the involvement of CBRE representing Uber and Blanca Commercial Real Estate representing the landlord, Blackstone.
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