Cushman & Wakefield Represents Marsh & McLennan Companies In Lease Deal At 830 Brickell In Miami
830 Brickell Avenue, Miami, Florida 33129, United States
Building Size
25,000 SF
Asset Type
Office
Closing
Apr 4, 2022
AI
A lease agreement was recently signed for an office space located at 830 Brickell in Miami. The property, spanning 25,000 square feet, was leased by Marsh & McLennan Companies. The transaction was facilitated by Brian Gale, Andrew Trench, and Ryan Holtzman from Cushman & Wakefield, who represented the landlord, Vlad Doronin of OKO Group and Cain International. Tony Jones, also from Cushman & Wakefield, acted as the tenant's representative.
Summary of transaction details
- Property Type: Office
- Transaction Amount: Not specified
- Asking Rent: $100 per square foot
- Address: 830 Brickell, Miami
- Market: Miami
The lease agreement was successfully negotiated between the landlord and tenant. The landlord, Vlad Doronin, represents OKO Group and Cain International, while Marsh & McLennan Companies acts as the tenant. The deal was facilitated by the respective representatives, Brian Gale, Andrew Trench, Ryan Holtzman, and Tony Jones from Cushman & Wakefield.
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