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MIAX Signs Lease For 38,409-Square-Foot Office Space In Miami's Wynwood Area

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LEASED

Florida

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Office38,409 SF
Leased 11/06/2023
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LEASED

MIAX Signs Lease For 38,409-Square-Foot Office Space In Miami's Wynwood Area

545 Northwest 26th Street

See Similar Deals
Office38,409 SF
Leased 11/06/2023
the dealplayerscompscontact
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Summary

FLORIDA
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:38,409 SF
Transaction Type:Lease

Sterling Bay Properties has leased a 38,409-square-foot office space in the 545wyn office building located at 545 Northwest 26th Street in Wynwood, Miami. The lease agreement was signed with MIAX (Miami International Holdings), a securities exchange firm. The new office is expected to open in the second half of 2024 and will include a trading floor for MIAX Sapphire.

Summary of transaction details

  • Property Type: Office
  • Transaction Amount: Not available
  • Address: 545 Northwest 26th Street
  • Market: Miami
  • Tenant: MIAX (Miami International Holdings) - Thomas P. Gallagher
  • Landlord: Sterling Bay Properties - Andy Gloor

MIAX, represented by Thomas P. Gallagher, has secured a lease for the office space in the 545wyn office building. This lease will add to MIAX's existing Miami office and is expected to provide a trading floor for MIAX Sapphire. The new office is set to open in the second half of 2024 and will support MIAX's business operations.

Details

LEASED
IMAGE: Thomas P. Gallagher & Andy Gloor DATE: 11/06/2023 ADDRESS: 545 Northwest 26th Street MARKET: Miami ASSET TYPE: Office ~ SF: 38,409 LANDLORD: Sterling Bay Properties (@SterlingBay) - Andy Gloor TENANT: MIAX (Miami International Holdings) - Thomas P. Gallagher NOTE: MIAX, the securities exchange firm, has secured a 38,409-square-foot lease in the 545wyn office building in Wynwood, Miami. The new office, set to open in the second half of 2024, is expected to host a trading floor for MIAX Sapphire, adding to their existing Miami office.

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Deal Type
Effective Rent (Annual)

$2,201,580.70

Total Lease Value

$22,015,807.02

Net Landlord Cash Flow$2,201,580.70