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
About this deal
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