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AerSale Corporation Signs 10-Year Lease For Office Space At Doral Costa Office Park

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LEASED
Stephen Rutchik
Kevin Gonzalez
+ 4

Florida

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Office35,718 SF
Leased 01/22/2024
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LEASED

AerSale Corporation Signs 10-Year Lease For Office Space At Doral Costa Office Park

9850 Northwest 41st Street

See Similar Deals
Office35,718 SF
Leased 01/22/2024
Stephen Rutchik
Kevin Gonzalez
+ 4
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Summary

FLORIDA
Asset Type:Office
Price Per Square Foot:$0
Total Square Footage:35,718 SF
Transaction Type:Lease

AerSale Corporation has secured a 10-year lease for 35,718 square feet of office space at Doral Costa Office Park in Doral, Florida. The move represents a significant expansion for the company, as it more than doubles its current space. The location offers various amenities and close proximity to Miami International Airport, making it an ideal choice for AerSale Corporation's new headquarters.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not provided in the context
  • Address: 9850 Northwest 41st Street, Doral, Florida
  • Market: Doral
  • Square Footage: 35,718

Triarch Capital Group, represented by Kevin Gonzalez, Stephen Rutchik, and Tom Farmer from Colliers International, acted as the landlord for this lease agreement. Mario Grosfeld, the principal at Triarch Capital Group, played a pivotal role in the negotiation process.

AerSale Corporation, the tenant, was represented by Maricarmen Cabrera, Rafael del Rosal, and Thad Adams from The Allen Morris Company. Nicolas Finazzo, the CEO of AerSale Corporation, was directly involved in the leasing decision.

The new headquarters in Doral will provide AerSale Corporation with a strategic location and ample space to support its growth and operations for the next decade. This relocation aligns with the company's vision and expansion plans, further solidifying its position in the Coral Gables market.

NOTE: This article does not provide specific transaction values or financial details beyond the lease term and square footage.

Players

Kevin Gonzalez
16 deals(305) 896-3900
BROKER

Stephen Rutchik
Colliers
25 deals
BROKER

Tom Farmer
Colliers
13 deals
BROKER




Details

LEASED
IMAGE: Thad Adams, Tom Farmer, Stephen Rutchik, Maricarmen Cabrera, Kevin Gonzalez, Rafael del Rosal & Nicolas Finazzo DATE: 01/22/2024 ADDRESS: 9850 Northwest 41st Street MARKET: Doral ASSET TYPE: Office ~ SF: 35,718 LANDLORD: Mario Grosfeld - Triarch Capital Group TENANT: Nicolas Finazzo - AerSale Corporation (@AerSaleinc) LANDLORD'S REP: Kevin Gonzalez (@GiveItToGonz), Stephen Rutchik & Tom Farmer - Colliers International (@ColliersInternational) TENANT'S REP: Maricarmen Cabrera, Rafael del Rosal & Thad Adams - The Allen Morris Company (@AllenMorrisCo) LEASE TERM: 10-year NOTE: AerSale Corporation is moving its headquarters from Coral Gables to Doral, Florida, with a 10-year lease for 35,718 square feet at Doral Costa Office Park. The move, scheduled for September, will more than double the company's current space, offering proximity to Miami International Airport and various amenities.

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Deal Type
Effective Rent (Annual)

$2,047,334.21

Total Lease Value

$20,473,342.06

Net Landlord Cash Flow$2,047,334.21