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State Of Florida Department Of Revenue Leases Office Space In Doral

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LEASED
$36

Florida

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Office29,000 SF
Leased 08/17/2022
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LEASED

State Of Florida Department Of Revenue Leases Office Space In Doral

3750 Northwest 87th Avenue

See Similar Deals
Office29,000 SF
Leased 08/17/2022
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Summary

FLORIDA
Asset Type:Office
Price Per Square Foot:$36
Total Square Footage:29,000 SF
Transaction Type:Lease

The leased property at 3750 NW 87th Ave in Doral has been acquired by Banyan Street Capital and Independencia Asset Management. This office space transaction involves the State of Florida Department of Revenue as the tenant. The leasing arrangement was facilitated by Gordon Messinger from CBRE. The property spans a total square footage of 29,000 and was leased at an asking rent of $36.50 per square foot on a gross basis.

Summary of transaction details

  • Property Type: Office
  • Transaction Amount: Not provided
  • Market: Doral
  • Landlord: Banyan Street Capital & Independencia Asset Management
  • Tenant: State of Florida Department of Revenue
  • Broker: Gordon Messinger - CBRE
  • Asking Rent: $36.50/ft. Gross
  • Square Footage: 29,000

This lease deal brings together key players in the real estate industry. Banyan Street Capital and Independencia Asset Management took on the role of landlords, while the State of Florida Department of Revenue became the tenant. Acting as the representative for the tenant, Gordon Messinger, from CBRE, facilitated the leasing agreement. This transaction highlights the demand for office space in the Doral market.

Players

Gordon Messinger
33 deals$164M volume
BROKER

Banyan Street Capital
LANDLORD

Details

LEASED
IMAGE: Gordon Messinger DATE: 08/17/2022 ADDRESS: 3750 NW 87th Ave MARKET: Doral ASSET TYPE: Office LANDLORD: Banyan Street Capital & Independencia Asset Management TENANT: State of Florida Department of Revenue BROKER: Gordon Messinger - CBRE ASKING RENT: $36.50/ft. Gross~ SF: 29,000

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Deal Type
Effective Rent (Annual)

$1,213,451.63

Total Lease Value

$12,134,516.25

Net Landlord Cash Flow$1,213,451.63