Mastercard International has signed a lease agreement for office space at 801 Brickell Ave in Miami's market. The property, spanning 53,700 square feet, is owned by Nuveen Real Estate. The lease transaction was facilitated by Stephen Rutchik and Tom Farmer of Colliers, representing the landlord, and Tony Jones of Cushman & Wakefield, representing the tenant. The asking rent for the space ranged from $75 to $90 per square foot.

Summary of transaction details

• Property Type: Office
• Transaction Amount: N/A
• Date: 03/10/2022
• Address: 801 Brickell Ave, Miami
• Market: Miami
• Landlord: Nuveen Real Estate
• Tenant: Mastercard International
• Landlord's Representative: Stephen Rutchik & Tom Farmer - Colliers
• Tenant's Representative: Tony Jones - Cushman & Wakefield
• Asking Rent: $75-$90/ft.
• Square Footage: 53,700

This lease deal highlights Mastercard International's expansion plans in Miami's market. The involvement of reputable brokerage firms such as Colliers and Cushman & Wakefield signifies the strategic approach taken by the tenant and the landlord. The transaction further solidifies the already vibrant office real estate market in Miami.