facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

Florida

/

Office

/

Lease

/

545 Northwest 26th Street

Winklevoss Twins Lease 8840 Square Feet Office At 545 Northwest 26th Street In Miami
LEASEDOffice

Winklevoss Twins Lease 8840 Square Feet Office At 545 Northwest 26th Street In Miami

545 Northwest 26th Street

Building Size

8,840 SF

Asset Type

Office

Closing

Apr 3, 2025

AI

The asset involved in this lease transaction is an office property located at 545 Northwest 26th Street in Miami's Wynwood district, encompassing a total area of 8,840 square feet. This property is part of the Miami market and is represented by Sterling Bay.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not specified
  • Address: 545 Northwest 26th Street
  • Market: Miami
  • Landlord: Andy Gloor & Chang Lee - Sterling Bay
  • Tenant: Cameron & Tyler Winklevoss - Gemini
  • Brokers: Andres del Corral, Juan Ruiz & Tere Blanca - Blanca Commercial Real Estate
  • Lease Term: long-term

Cameron and Tyler Winklevoss of Gemini signed a long-term lease for the office space, marking it as their first location in South Florida. The landlord, represented by Andy Gloor and Chang Lee from Sterling Bay, continues to attract prominent tech and finance tenants to the property.

Players

Tere Blanca

Blanca Commercial Real Estate

Broker

$96.1M

vol

20 deals

Broker
Andy Gloor

Andy Gloor

Sterling Bay

Landlord

$993.9M

vol

16 deals

Landlord
Sterling Bay
Sterling BayLandlord

Miami Office Market Snapshot

Boundary boundary · Office · Lease transactions

Loading comparables…

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