facebook

traded

+ Submit
Home

/

Deals

/

Florida

/

Office

/

Lease

/

2 South Biscayne Boulevard

Alvarez & Marsal Signs 11-Year Lease For 23092 SF Office At One Biscayne Tower In Miami
LEASEDOffice

Alvarez & Marsal Signs 11-Year Lease For 23092 SF Office At One Biscayne Tower In Miami

2 South Biscayne Boulevard

Building Size

23,092 SF

Asset Type

Office

Closing

Sep 12, 2025

AI

The asset involved in this transaction is an office space with a total square footage of 23,092 located at 2 South Biscayne Boulevard in the Miami market.

Summary of transaction details:

Alvarez & Marsal Tax signed an 11-year lease at One Biscayne Tower, significantly expanding its presence in Downtown Miami from its previous location in Brickell. Juan Ruiz and Alex Marquez represented the landlord CP Group, while Kevin Landers and David Dusek represented the tenant in this lease transaction.

Players

Juan Ruiz

Blanca Commercial Real Estate

Broker

9 deals

Broker
Blanca Commercial Real Estate
Blanca Commercial Real EstateBrokerage
Angelo Bianco

Angelo Bianco

CP Group

Landlord

6 deals

Landlord
CG
CP GroupLandlord
Bryan Marsal

Bryan Marsal

Alvarez & Marsal

Tenant

1 deal

Tenant
Alvarez & Marsal
Alvarez & MarsalTenant

Miami Office Market Snapshot

Boundary boundary · Office · Lease transactions

Loading comparables…

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