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311 Northwest 28th Street

Demetrios Kafouros Of Postr Signs Six-Year Lease For 10,000 SF Office In Wynwood Miami
LEASEDOffice

Demetrios Kafouros Of Postr Signs Six-Year Lease For 10,000 SF Office In Wynwood Miami

311 Northwest 28th Street

Building Size

10,000 SF

Asset Type

Office

Closing

Jun 5, 2026

AI

The property asset involved in this transaction is an office space located at 301 & 311 Northwest 28th Street, Wynwood, Miami, FL, encompassing a total area of 10,000 square feet. The lease has been granted for a duration of six years.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not specified
  • Landlord: David Lerner - Lerner Family Properties
  • Tenant: Demetrios Kafouros - Postr
  • Lease Terms: Six-year lease
  • Operational Hub: Postr will establish its headquarters here
  • Employee Relocation: Employees are being moved from Baltimore
  • Hiring Plans: Additional 30 to 60 Miami-based workers anticipated

Demetrios Kafouros represents Postr in this transaction, while David Lerner represents Lerner Family Properties as the landlord. The company aims to occupy the new space starting in August.

Players

Saint Maries 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