Kirkland & Ellis Lease 115,000 SF Office Space At 830 Brickell Plaza, Miami
830 Brickell Plaza, Miami, FL, 33131
Building Size
115,000 SF
Asset Type
Office
Closing
Dec 19, 2022
About this deal
AI
The property at 830 Brickell Plaza, Miami, FL, 33131 is an office space spanning 115,000 square feet. The lease was finalized on December 19, 2022, in the Miami market. Kirkland & Ellis is the tenant for this office space.
Summary of transation details:
- Property Type: Office
- Transaction Amount: Not Applicable
- Tenant's Reps: Kevin Kushner (CBRE), Mitchell Millowitz (Newmark), Ryan Rosalsky (Newmark)
- Broker: Neil Goldmacher (Newmark)
The deal involved the representation of Kirkland & Ellis by Kevin Kushner from CBRE and Mitchell Millowitz and Ryan Rosalsky from Newmark, with Neil Goldmacher from Newmark serving as the broker.
On the Map
Office
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Players
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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