CP Group & Monarch Alternative Capital Lease Office Space To Larch Capital Partners, Bazbaz Development, And Strategic Hotel Funding LLC - JLL & CBRE Represent

The Citigroup Center in downtown Miami has seen over 50,000 square feet of office leasing activity, according to CP Group and Monarch Alternative Capital. The leases include agreements with Larch Capital Partners, Bazbaz Development, Strategic Hotel Funding LLC, and an undisclosed tenant. JLL and CBRE served as the representatives for the respective parties involved in these leasing deals. The property, located at 201 South Biscayne Boulevard, offers approximately 47,169 square feet of office space. The asking rent for the space is $62 per square foot.

Summary of transation details:

• Property Type: Office
• Transaction Amount: Not provided
• Address: 201 South Biscayne Boulevard
• Market: Miami
• Landlord: CP Group & Monarch Alternative Capital
• Tenant: Larch Capital Partners, Bazbaz Development, Strategic Hotel Funding LLC
• Landlord's Representative: Steven Hurwitz, Doug Okun & Madeline Fine - JLL
• Tenant's Representative: Randy Carballo, Grant Killingsworth & Thomas Haughton - CBRE
• Asking Rent: $62/ft.
• Square Footage: 47,169

CP Group and Monarch Alternative Capital facilitated the leasing agreements at the Citigroup Center, with JLL and CBRE providing representation. The notable tenants include Larch Capital Partners, Bazbaz Development, and Strategic Hotel Funding LLC, along with an undisclosed party. With this leasing activity, the Citigroup Center strengthens its position as a prominent hub for office space in downtown Miami.