ACI Worldwide Leases Office Space To Kandji Inc At 2811 Ponce De Leon Boulevard
2811 Ponce De Leon Boulevard
$73
$73/SF
Building Size
27,712 SF
Asset Type
Office
Closing
Nov 9, 2024
AI
The property located at 2811 Ponce De Leon Boulevard in Coral Gables is an office asset comprising a total of 27,712 square feet. The asking rent for this property is set at $73 per foot, and the lease type is categorized as Other.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $73/ft
- Address: 2811 Ponce De Leon Boulevard
- Market: Coral Gables
- Sublandlord: ACI Worldwide
- Subtenant: Kandji, Inc.
- Sublandlord's Representative: Gordon Messinger, Thomas Haughton & Merrill Carr - CBRE
- Subtenant's Representative: Shay Pope - Stream Realty Partners
The transaction involves notable representatives, including Gordon Messinger, Thomas Haughton, and Merrill Carr from CBRE representing ACI Worldwide as the sublandlord. Shay Pope from Stream Realty Partners represents Kandji, Inc. as the subtenant in this lease agreement.
Players
Coral Gables 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
217301.37%
Cash-on-Cash
-62105.40%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93