Palantir Technologies Leases Office Space In Aventura From Landlords Jackie Soffer And David Simon
19505 Biscayne Boulevard
Building Size
—
Asset Type
Office
Closing
Feb 17, 2026
AI
The property asset involved in this transaction is an office space located at 19505 Biscayne Boulevard in Aventura, Florida. The address hosts Industrious, which serves as the new location for Palantir Technologies' headquarters. The office space facilitates Palantir's operations and contributes to the company's expansion in South Florida.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not specified
- Address: 19505 Biscayne Boulevard
- Market: Aventura
- Landlord: Jackie Soffer - Turnberry; David Simon - Simon Property Group - INDUSTRIOUS AVENTURA
- Tenant: Peter Thiel & Alex Karp - Palantir Technologies
The deal includes key individuals such as Peter Thiel and Alex Karp representing Palantir Technologies, which has officially relocated its headquarters from Denver, Colorado, to Miami, Florida. This move places Miami as Palantir's principal executive office, highlighting the firm's shift toward a location seen as a growing innovation hub in the tech industry.
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