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
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