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95 Northwest 29th Street

Amazon Expands Lease At Wynwood Plaza To Nearly 76K SF With Landlords L&L Holding Co And Oak Row Equities
LEASEDOffice

Amazon Expands Lease At Wynwood Plaza To Nearly 76K SF With Landlords L&L Holding Co And Oak Row Equities

95 Northwest 29th Street

Building Size

76,000 SF

Asset Type

Office

Closing

Jun 16, 2025

AI

The asset involved in this lease transaction is an office space located at 95 Northwest 29th Street in Miami. The total square footage of the office is approximately 76,000 SF, making it a notable size for commercial leasing in the area.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not disclosed
  • Address: 95 Northwest 29th Street
  • Market: Miami
  • Landlord: Brandon Shorenstein - Shorenstein; David Weitz & Erik Rutter - Oak Row Equities; Marcelo Claure - Claure Group; David Levinson - L&L Holding Company
  • Tenant: Andy Jassy & Jeff Bezos - Amazon
  • Previous Lease Size: 50,000 SF
  • Expanded Lease Size: Nearly 76,000 SF

This transaction features prominent figures including Andy Jassy and Jeff Bezos representing Amazon as tenants. The landlords include notable companies such as Shorenstein Investment Advisers, Oak Row Equities, Claure Group, and L&L Holding Company. This lease marks a significant expansion for Amazon at Wynwood Plaza and represents the largest office lease in Wynwood to date.

Players

S
ShorensteinLandlord

David Weitz

Landlord

$873.8M

vol

7 deals

Landlord
S
ShorensteinLandlord

Andy Jassy

Amazon

Tenant

$926.2M

vol

18 deals

Tenant
Amazon
AmazonTenant

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