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:
- Property Type: Office
- Transaction Amount: Not available
- Lease Term: 11 years
- Landlord: Angelo Bianco & Chris Eachus - CP Group
- Tenant: Bryan Marsal & Tony Alvarez II - Alvarez & Marsal
- Landlord's Representative: Juan Ruiz & Alex Marquez - Blanca Commercial Real Estate
- Tenant's Representative: Kevin Landers & David Dusek - Cushman & Wakefield
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
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