Brickell Key Center Leases 7278 Square Feet Of Office Space To QF Analytics In Miami
601 Brickell Key Drive
$105
$105/SF
Building Size
7,278 SF
Asset Type
Office
Closing
Jul 23, 2024
AI
The property asset involved in the transaction is an office space located at 601 Brickell Key Drive in the Miami market. The lease was signed at a rate of $105 per square foot, encompassing a total area of 7,278 square feet. The lease term is set for 10 years with the landlord being Brickell Key Center.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $105/ft
- Lease Term: 10 years
- Landlord: Brickell Key Center
- Tenant: QF Analytics
- Brokers: David Hunt Solomon & Jacqueline Oliva - Berkshire Hathaway HomeServices
The key individuals involved in this deal include David Hunt Solomon and Jacqueline Oliva, who represented the transaction on behalf of Berkshire Hathaway HomeServices. Their collaboration in securing this lease for QF Analytics underscores their role in facilitating the transaction within the Miami office market.
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
151076.19%
Cash-on-Cash
-43178.04%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93