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:
- Property Type: Office
- Transaction Date: 01/25/2022
- Address: 830 Brickell Plaza, Brickell, Miami
- Market: Brickell, Miami
- Landlord: OKO Group & Cain International
- Tenant: CI Financial
- Landlord's Representative: Brian Gale, Ryan Holtzman & Andrew Trench - Cushman & Wakefield
- Tenant's Representative: Donna Abood & Mark Robbins - Avison Young
- Asking Rent: $100/ft.
- Square Footage: 40,000
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
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