CP Group Secures Five New Office Leases In Downtown Miami For 13411 SF
2 S Biscayne Blvd
Building Size
13,411 SF
Asset Type
Office
Closing
Mar 30, 2026
AI
The asset involved in this lease transaction is an office space located at 2 South Biscayne Boulevard in Miami, totaling 13,411 square feet. The landlord is CP Group, represented by Angelo Bianco, while the tenants include FC Barcelona, Reimagined Parking, Levey & Associates, Drummond Advisors, and Kirkwood.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not specified
- Address: 2 South Biscayne Boulevard
- Market: Miami
- Landlord: Angelo Bianco - CP Group
- Tenants: FC Barcelona, Reimagined Parking, Levey & Associates, Drummond Advisors, Kirkwood
- Landlord's Representative: Juan Ruiz & Alex Marquez - Blanca Commercial Real Estate
- Tenant's Representatives: Nicole Kaiser & Danet Linares - Blanca Commercial Real Estate; Christian Arrabal - AdviseCRE; Chris Feehley & Zachary Talbot - Cresa; Marcelo Quiroga - Avanti Way
This transaction included five new leases, with individual tenant spaces of 2,410 square feet for FC Barcelona, 3,183 square feet for Reimagined Parking, 3,130 square feet for Levey & Associates, 2,666 square feet for Drummond Advisors, and 2,022 square feet for Kirkwood. Brokers involved were Danet Linares and Nicole Kaiser representing FC Barcelona, Christian Arrabal for Reimagined Parking, Chris Feehley and Zachary Talbot for Levey & Associates, and Marcelo Quiroga for Drummond Advisors, alongside Juan Ruiz and Alex Marquez representing CP Group and Kirkwood.
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