HKS Leases 12,132 SF Office Space At 2020 Salzedo St, Coral Gables
LEASED
Florida
See Similar DealsOffice12,132 SF
Leased 10/11/2017
LEASED
HKS Leases 12,132 SF Office Space At 2020 Salzedo St, Coral Gables
2020 Salzedo St, Coral Gables, FL, 33...
See Similar DealsOffice12,132 SF
Leased 10/11/2017
Summary
FLORIDA
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:12,132 SF
Transaction Type:Lease
2020 Salzedo St in Coral Gables, FL, is a new mixed-use development where worldwide architectural design firm HKS recently signed a lease for 12,132 square feet. Additionally, tech company Ilumno Management also leased 9,294 square feet, bringing the building's occupancy to 95 percent.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not provided
- Tenant's Rep: Tony Jones (Cushman & Wakefield)
- Landlord: Codina Partners
- Square Feet: 12,132
- Market: Coral Gables
Alexander Cahlin at Blanca Commercial Real Estate represented Ilumno Management in the leasing deal, while Tony Jones from Cushman & Wakefield represented HKS in the transaction.
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Deal Type
NNN (Triple Net)
Effective Rent (Annual)
$695,398.92
Total Lease Value
$6,953,989.19
Net Landlord Cash Flow$695,398.92
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