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9675 Northwest 117th Avenue

University Of Miami Leases 42,000 SF Office Space At Flagler Station From Hamilton Development
LEASEDOffice

University Of Miami Leases 42,000 SF Office Space At Flagler Station From Hamilton Development

9675 Northwest 117th Avenue

Building Size

42,000 SF

Asset Type

Office

Closing

Dec 15, 2025

AI

The asset involved in this transaction is an office property located at 9675 Northwest 117th Avenue in Miami, with a total square footage of 42,000. This property is part of a four-story building and serves as the new location for the University of Miami's UHealth offices.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not specified
  • Lease Term: 10-year
  • Landlord: Whitfield Hamilton - Hamilton Development
  • Tenant: Joe Echevarria - University of Miami
  • Broker: Cameron Tallon - CBRE
  • Amenities: Building-top signage for the university, fitness center, outdoor seating, flexible floor plates

Whitfield Hamilton, representing Hamilton Development, has secured a long-term tenant with the University of Miami, represented by Joe Echevarria. Broker Cameron Tallon from CBRE facilitated the leasing of this significant office space at Building 1300 at Flagler Station. The transaction highlights the growing demand for office amenities that support institutional needs.

Players

Cameron Tallon

CBRE

Broker

8 deals

Broker
CBRE
CBREBrokerage

Medley 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