Howden Signs 23,658 Square Feet Lease At 600 Brickell Avenue Represented By Colliers
600 Brickell Avenue
Building Size
—
Asset Type
Office
Closing
Oct 6, 2025
AI
The transaction involves an office asset located at 600 Brickell Avenue in Miami, totaling 23,658 square feet. The property is situated within the 1.3 million-square-foot Brickell World Plaza, which is owned by Foram Group.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not disclosed
- Address: 600 Brickell Avenue
- Market: Miami
- Landlord: Travis Stringer - Foram Group
- Tenant: David Howden CBE - Howden
- Landlord's Representative: Ilene Munoz - Elm Spring
- Tenant's Representatives: Jonathan Kingsley & Zach Smith - Colliers
This lease marks Howden's first office in Miami, emphasizing the company's expansion as a global insurance brokerage based in London. The deal was facilitated by Colliers’ Jonathan Kingsley and Zach Smith representing the tenant, while Elm Spring’s Ilene Munoz represented the landlord in this notable transaction.
Players
Miami 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