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830 Brickell Plz, Miami, Fl...

CI Financial Signs Lease For Office Space At 830 Brickell Plaza In Brickell, Miami
LEASEDOffice

CI Financial Signs Lease For Office Space At 830 Brickell Plaza In Brickell, Miami

830 Brickell Plz, Miami, Florida 33131, United States

Building Size

95,000 SF

Asset Type

Office

Closing

Jan 24, 2022

AI

CI Financial has signed a lease agreement for an office space located at 830 Brickell Plaza in Brickell, Miami. The property is owned by OKO Group and Cain International. The office space spans approximately 40,000 square feet and belongs to the asset type of office.

Summary of transaction details:

The lease agreement was facilitated by Brian Gale, Ryan Holtzman, and Andrew Trench from Cushman & Wakefield as the landlord's representatives, and Donna Abood and Mark Robbins from Avison Young as the tenant's representatives.

Players

Jennifer Goldstein

Douglas Elliman

Broker

$161.2M

vol

33 deals

Broker
Douglas Elliman
Douglas EllimanBrokerage
OKO Group
OKO GroupLandlord

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