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800 Brickell Ave, Miami, FL...

Kaseya Leases Office Space At 800 Brickell Ave In Miami
LEASEDOffice

Kaseya Leases Office Space At 800 Brickell Ave In Miami

800 Brickell Ave, Miami, FL, 33131

Building Size

42,872 SF

Asset Type

Office

Closing

Jun 7, 2022

AI

The property at 800 Brickell Ave, Miami, FL, 33131, is an office space spanning 42,872 square feet. The deal involved a lease signed on 06/07/2022 between the tenant, Kaseya, and the landlord, Gatsby Florida.

Summary of transaction details:

The lease agreement was facilitated by Tony Jones from Cushman & Wakefield representing the tenant, Kaseya, while the landlord, Gatsby Florida, was represented by Stephen Rutchik, Tom Farmer, and Tyler De La Pena, all from Colliers International.

Players

Tyler de la Peña

JLL

Broker

$19.1M

vol

7 deals

Broker

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