Keystone Development Inks Lease With Gastro Health At HYVE Dadeland Office For $43/ft
9200 South Dadeland Boulevard
$43
$43/SF
Building Size
15,000 SF
Asset Type
Office
Closing
Sep 8, 2025
About this deal
AI
The lease transaction involves an office asset located at 9200 South Dadeland Boulevard in the Miami market. The property, Hyve Dadeland, consists of 15,000 square feet and has an asking rent of $43 per square foot. The lease is classified as Full Service Gross.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $43/ft
- Address: 9200 South Dadeland Boulevard
- Market: Miami
- Landlord: Keystone Development + Investment
- Tenant: Gastro Health
- Landlord's Representative: Gordon Messinger - CBRE
- Tenant's Representative: Richard Bamonte - NAI Miami
This transaction marks a significant collaboration between Keystone Development + Investment and Gastro Health. The representatives involved in the deal, Gordon Messinger of CBRE representing the landlord and Richard Bamonte of NAI Miami representing the tenant, played crucial roles in the negotiation process facilitating this lease agreement.
On the Map
$43
$43/SF
Office
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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
368906.98%
Cash-on-Cash
-105434.75%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93