Patrick Dovigi Of GFL Environmental Inc. Leases Office Space At 1759 Purdy Avenue In Miami Beach
1759 Purdy Avenue
Building Size
—
Asset Type
Office
Closing
Feb 17, 2026
About this deal
AI
The property involved in this transaction is Eighteen Sunset, an office asset located at 1759 Purdy Avenue in Miami Beach. This mixed-use building was delivered in late 2024 and is specifically designed for executive office space. The lease marks the relocation of GFL Environmental Inc.'s corporate headquarters to this address.
Summary of transation details:
- Property Type: Office
- Transaction Amount: Not disclosed
- Address: 1759 Purdy Avenue
- Market: Miami Beach
- Landlord: Marc Rowan - RWN Real Estate Partners; Bradley Colmer - Deco Capital Group
- Tenant: Patrick Dovigi - GFL Environmental Inc
Marc Rowan of RWN Real Estate Partners and Bradley Colmer of Deco Capital Group represent the landlords in this lease transaction, while Patrick Dovigi represents GFL Environmental Inc. as the tenant. The strategic relocation signifies a notable development for GFL Environmental Inc. in the Miami Beach market.
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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