facebook
Traded Co logo
Submit

SunTrust Bank Leases 25000 Square Feet At 777 Brickell Ave Miami Represented By Cushman & Wakefield

Property Image
LEASED
Andrew Trench
Brian Gale
+ 2

Florida

See Similar Deals
Office25,000 SF
Leased 09/07/2018
the dealplayerscompscontact
Property Image
LEASED

SunTrust Bank Leases 25000 Square Feet At 777 Brickell Ave Miami Represented By Cushman & Wakefield

777 Brickell Ave, Miami, FL, 33131

See Similar Deals
Office25,000 SF
Leased 09/07/2018
Andrew Trench
Brian Gale
+ 2
Contact now

Summary

FLORIDA
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:25,000 SF
Transaction Type:Lease

The property involved in this lease transaction is located at 777 Brickell Ave, Miami, FL, 33131, within the Miami market. It totals 288,485 square feet, with a lease agreement encompassing approximately 25,000 square feet specifically for SunTrust Bank. The property has undergone an improvement program, enhancing common areas, elevators, and the parking garage. Amenities include on-site management, 24-hour security, a full-service salon, and a restaurant on the ground floor.

Summary of transaction details:

  • Property Type: Lease
  • Transaction Amount: Not specified
  • Tenant: SunTrust Bank
  • Landlord: Alliance RE Holdings
  • Tenant's Representative: Jason Donald - Cushman & Wakefield
  • Landlord's Representatives: Andrew Trench - Cushman & Wakefield, Brian Gale - Cushman & Wakefield
  • Square Feet: 25,000

This lease renewal represents an extension of SunTrust Bank's presence in the building since its completion in 1978. The agreement includes 22,000 square feet of office space on the ninth floor and 2,810 square feet of retail space at the ground level, where a new, redesigned branch will open in the building’s lobby. The Cushman & Wakefield team negotiated on behalf of both the landlord and the tenant, with Andrew Trench and Brian Gale representing Alliance RE Holdings, while Jason Donald, Tony Jones, and Ryan Levy worked with Thomas Crociata from SunTrust Bank.

Players

Brian Gale
16 deals$389M volume
BROKER

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

Tony Jones
Cushman & Wakefield
12 deals
BROKER


Details

LEASED
IMAGE: 777 Brickell Ave, Miami, FL, 33131 MARKET: Miami TENANT'S REP: Jason Donald(Cushman & Wakefield) LANDLORD'S REP: Andrew Trench(Cushman & Wakefield), Brian Gale(Cushman & Wakefield) TENANT: SunTrust Bank LANDLORD: Alliance RE Holdings SQUARE FEET: 25000

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Effective Rent (Annual)

$1,432,984.91

Total Lease Value

$14,329,849.14

Net Landlord Cash Flow$1,432,984.91