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Polsinelli Leases Office Space In Miami's South Biscayne Boulevard From BEA Equities

Property Image
LEASED
Kevin Gonzalez
Daniel Durkin
+ 1

Florida

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Office23,617 SF
Leased 08/31/2021
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Property Image
LEASED

Polsinelli Leases Office Space In Miami's South Biscayne Boulevard From BEA Equities

315 South Biscayne Boulevard, Miami, FL 33131

See Similar Deals
Office23,617 SF
Leased 08/31/2021
Kevin Gonzalez
Daniel Durkin
+ 1
Contact now

Summary

FLORIDA
Asset Type:Office
Total Square Footage:23,617 SF
Transaction Type:Lease

A lease transaction has taken place for an office space located at 315 South Biscayne Boulevard in Miami. The tenant, Polsinelli, has entered into a 10-year lease agreement with the landlord, BEA Equities. The lease was facilitated by CBRE representatives Kevin Gonzalez, Maggie Kurtz, and Jake Freeman, who acted as the tenant's representatives. The landlord was represented by Daniel Durkin from Cresa.

Summary of transaction details

  • Property Type: Office
  • Asking Rent: $45/ft.
  • Square Footage: 23,617 SF
  • Transaction Date: 08/31/2021

The lease agreement involves a total of 23,617 square feet of office space. Polsinelli has committed to a 10-year lease term at an asking rent of $45 per square foot.

Players

Kevin Gonzalez
16 deals(305) 896-3900
BROKER

Maggie Kurtz
CBRE
3 deals
BROKER

Daniel Durkin
1 deal
BROKER

Jake Freeman
Colliers
7 deals$4.9M volume(305) 372-8206
BROKER

Details

LEASED
IMAGE: Maggie Kurtz, Jake Freeman & Kevin Gonzalez DATE: 08/31/2021 ADDRESS: 315 South Biscayne Boulevard MARKET: Miami ASSET TYPE: Office TENANT: Polsinelli LANDLORD: BEA Equities TENANT’S REP: Kevin Gonzalez, Maggie Kurtz & Jake Freeman - CBRE LANDLORD’S REP: Daniel Durkin - Cresa ASKING RENT: $45/ft. ~ SF: 23,617 TERM: 10 years

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Deal Type
Effective Rent (Annual)

$1,353,712.19

Total Lease Value

$13,537,121.88

Net Landlord Cash Flow$1,353,712.19