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6100 Waterford District Dr

Restaurant Brands International Leases 43000 Square Feet Office From L'Oréal In Miami
LEASEDOffice

Restaurant Brands International Leases 43000 Square Feet Office From L'Oréal In Miami

6100 Waterford District Dr

Building Size

43,000 SF

Asset Type

Office

Closing

Jan 6, 2026

AI

The property asset involved in the transaction is an office space totaling 43,000 square feet located at 6100 Waterford District Drive in Miami. The asset is part of a growing office market, specifically situated in an area where demand is increasing. The property was leased by Restaurant Brands International from L’Oréal.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not specified
  • Square Footage: 43,000
  • Address: 6100 Waterford District Dr
  • Market: Miami
  • Landlord: Nicolas Hieronimus - L'Oréal
  • Tenant: Joshua Kobza - Restaurant Brands International
  • Landlord's Representative: Ryan Levy & Iker Belauste - JLL
  • Tenant's Representative: Jake Freeman & Jonathan Kingsley - Colliers

This lease represents one of the largest transactions in the Miami airport submarket during Q4 2025, facilitating dedicated space for key operations of Burger King and Popeyes. The transaction highlights the strategic expansion of Restaurant Brands International in proximity to its existing corporate headquarters.

Players

Jonathan Kingsley

Colliers

Broker

$36.8M

vol

9 deals

Broker
Colliers
ColliersBrokerage
JLL
JLLBrokerage

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