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830 Brickell Plz, Miami, Fl...

Rothschild & Co Leases Office Space At 830 Brickell Plaza In Miami With Tenant's Rep Scott Quick & Alan Wildes - Cushman & Wakefield
LEASEDOffice

Rothschild & Co Leases Office Space At 830 Brickell Plaza In Miami With Tenant's Rep Scott Quick & Alan Wildes - Cushman & Wakefield

830 Brickell Plz, Miami, Florida 33131, United States

$120

$120/SF

Building Size

5,000 SF

Asset Type

Office

Closing

Feb 23, 2023

AI

The office located at 830 Brickell Plaza in Miami has been leased. The lease transaction took place on 02/23/2023. The property is owned by OKO Group & Cain International, while Rothschild & Co, represented by Eric Hirschfield, is the tenant. The lease was facilitated by Cushman & Wakefield, with Brian Gale, Andrew Trench, and Ryan Holtzman representing the landlords, and Scott Quick and Alan Wildes representing the tenant. The asking rent for the lease was $120 per square foot, and the total square footage of the office is 5,000.

Summary of Transaction Details

The lease transaction on 830 Brickell Plaza in Miami involved key individuals and companies. The landlords, OKO Group & Cain International, were represented by Brian Gale, Andrew Trench, and Ryan Holtzman from Cushman & Wakefield. On the other side, Rothschild & Co, represented by Eric Hirschfield, took on the role of the tenant. Scott Quick and Alan Wildes, also from Cushman & Wakefield, served as the tenant's representatives.

Players

Brian Gale

Cushman & Wakefield

Broker

$389M

vol

16 deals

Broker
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

132191.67%

Cash-on-Cash

-37780.78%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93