Laura Kozelouzek Of Quest Workspaces Expands Lease By 14627 Square Feet At Doral Center
3750 Northwest 87th Avenue
Building Size
14,627 SF
Asset Type
Office
Closing
May 15, 2025
AI
The property involved in this transaction is an office asset located at 3750 Northwest 87th Avenue in the Doral market. It encompasses a total square footage of 14,627 square feet. The asset is part of Doral Center and is under the management of Banyan Street Capital.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not specified
- Landlord: Rudy Prio Touzet - Banyan Street Capital
- Tenant: Laura Kozelouzek - Quest Workspaces
- Brokers: Gordon Messinger & Randy Carballo - CBRE
Quest Workspaces expanded its lease by 14,627 square feet, increasing its total footprint to 38,081 square feet at the property. CBRE’s Gordon Messinger and Randy Carballo represented the landlord, Banyan Street Capital, which has successfully elevated the occupancy of the renovated complex from 40% to 80% since its acquisition in 2020.
Players
Doral 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