LEASEDOffice
Coco Group Leases Office Space To Suffolk Construction At 205 Datura Street For 19,455 SF
205 Datura Street
Building Size
19,455 SF
Asset Type
Office
Closing
Jul 22, 2026
About this deal
AI
The property asset involved in the transaction is a 19,455 square foot office space located at 205 Datura Street in the West Palm Beach market.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not specified
- Lease Type: NNN Lease
- Landlord: Coco Group
- Tenant: Suffolk Construction
- Landlord's Representative: Max Pawk, John Criddle & Joseph Freitas - CBRE
- Tenant's Representative: John Marshall & Ryan Nunes - JLL
Key individuals involved in the deal include representatives from both the landlord and tenant sides, showcasing collaboration between CBRE and JLL in this lease agreement.
On the Map
Office
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Players
West Palm Beach 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