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