facebook

traded

+ Submit
Home

/

Deals

/

Florida

/

Office

/

Lease

/

600 Brickell Avenue

Howden Signs 23,658 Square Feet Lease At 600 Brickell Avenue Represented By Colliers
LEASEDOffice

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:

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 ColliersJonathan Kingsley and Zach Smith representing the tenant, while Elm Spring’s Ilene Munoz represented the landlord in this notable transaction.

Players

Jonathan Kingsley

Colliers

Broker

$36.8M

vol

9 deals

Broker
Travis Stringer

Travis Stringer

Foram Group

Landlord

1 deal

Landlord
David Howden CBE

David Howden CBE

Howden

Tenant

1 deal

Tenant

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