Banco Master Leases Office Space At 830 Brickell Plaza In Miami For $190 Per Square Foot

The property asset involved in this transaction is an office space located at 830 Brickell Plaza in Miami. The tenant, Banco Master, has leased the last available space in the building, which consists of approximately 26,000 square feet. The asking rent for this space is recorded at $190 per square foot, showcasing the property's significant market value in the rapidly growing financial sector of the city.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $190/ft
• Address: 830 Brickell Plaza
• Market: Miami
• Landlord: Jonathan Goldstein & Justin Oates - Cain International; Vladislav Doronin - OKO Group
• Tenant: Banco Master
• Broker: Brian Gale - Cushman & Wakefield

This transaction highlights the involvement of key individuals and companies, including the landlords Jonathan Goldstein and Justin Oates representing Cain International, alongside Vladislav Doronin from OKO Group. The broker for this lease agreement was Brian Gale from Cushman & Wakefield. It is notable that despite this successful leasing effort, overall leasing activity in Miami's Brickell district has decreased by 25% compared to last year.