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IntelePeer Signs 10-Year Lease For Office Space In Dania Beach

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LEASED
Clay Sidner

Florida

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Office12,627 SF
Leased 10/21/2021
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LEASED

IntelePeer Signs 10-Year Lease For Office Space In Dania Beach

1855 Griffin Rd, Dania, FL 33004

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Office12,627 SF
Leased 10/21/2021
Clay Sidner
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Summary

FLORIDA
Asset Type:Office
Total Square Footage:12,627 SF
Transaction Type:Lease

An office property located at 1855 Griffin Rd in Dania Beach has been leased in a closed transaction. The lease was signed on October 21, 2021, for a 10-year term. The office space spans approximately 12,627 square feet, with an asking rent of $32 per square foot.

Summary of transation details

  • Property Type: Office
  • Transaction Date: 10/21/2021
  • Address: 1855 Griffin Rd
  • Market: Dania Beach
  • Asking Rent: $32/ft.
  • Square Footage: 12,627 sq. ft.

The landlord in this transaction is Cohen Brothers Realty Corporation, and IntelePeer is the tenant. Representing the landlord is John Criddle from Cushman & Wakefield, while Clay Sidner from Newmark serves as the tenant's representative.

Players

Clay Sidner
13 deals$144.5M volume
BROKER

John Criddle
CBRE
9 deals
BROKER

Details

LEASED
IMAGE: Clay Sidner & John Criddle DATE: 10/21/2021 ADDRESS: 1855 Griffin Rd MARKET: Dania Beach ASSET TYPE: Office LANDLORD: Cohen Brothers Realty Corporation TENANT: IntelePeer LANDLORD'S REP: John Criddle - Cushman & Wakefield TENANT'S REP: Clay Sidner - Newmark ASKING RENT: $32/ft. ~ SF: 12,627 LEASE TERMS: 10-year lease

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Deal Type
Effective Rent (Annual)

$723,772.02

Total Lease Value

$7,237,720.20

Net Landlord Cash Flow$723,772.02