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Nuveen Real Estate Leases 24,000 SF Office Space At 701 Brickell To Apollo Global Management

Property Image
LEASED
Neil Goldmacher
Mitchell Millowitz
+ 3

Florida

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Office24,000 SF
Leased 11/22/2021
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Property Image
LEASED

Nuveen Real Estate Leases 24,000 SF Office Space At 701 Brickell To Apollo Global Management

701 Brickell Avenue, Miami, FL, USA

See Similar Deals
Office24,000 SF
Leased 11/22/2021
Neil Goldmacher
Mitchell Millowitz
+ 3
Contact now

Summary

FLORIDA
Asset Type:Office
Total Square Footage:24,000 SF
Transaction Type:Lease

An office property located at 701 Brickell in Miami has been leased. The lease was finalized on November 22, 2021. The asset spans a total size of 24,000 square feet. The landlord for this property is Nuveen Real Estate, while the tenant is Apollo Global Management, specifically Marc Rowan. The lease term for this transaction is 10 years.

Summary of transaction details

The deal involved multiple representatives from different companies. Brian Gale, Ryan Holtzman, and Andrew Trench from Cushman & Wakefield acted as the landlord's representatives, while Neil Goldmacher and Mitchell Millowitz represented the tenant, Apollo Global Management - Marc Rowan. Together, they facilitated the successful lease agreement for the office space at 701 Brickell in Miami.

Players

Brian Gale
16 deals$389M volume
BROKER

Andrew Trench
Cushman & Wakefield
15 deals$299M volume
BROKER

Ryan Holtzman
Cushman & Wakefield
14 deals$90M volume
BROKER

Neil Goldmacher
Newmark
16 deals
BROKER

Mitchell Millowitz
Newmark
5 deals
BROKER

Nuveen
LENDER

Nuveen
LANDLORD

Marc Rowan
Apollo Global
20 deals$1.6B volume
TENANT

Details

LEASED
IMAGE: Ryan Holtzman, Andrew Trench, Brian Gale, Neil Goldmacher, Marc Rowan & Mitchell Millowitz DATE: 11/22/2021 ADDRESS: 701 Brickell MARKET: Miami ASSET TYPE: Office LANDLORD: Nuveen Real Estate TENANT: Apollo Global Management - Marc Rowan LANDLORD'S REP: Brian Gale, Ryan Holtzman & Andrew Trench - Cushman & Wakefield TENANT'S REP: Neil Goldmacher & Mitchell Millowitz - Newmark ASKING RENT: $80/ft. ~ SF: 24,000 LEASE TERMS: 10-year lease

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Deal Type
Effective Rent (Annual)

$1,375,665.52

Total Lease Value

$13,756,655.17

Net Landlord Cash Flow$1,375,665.52