Grant Cardone Leases Office Space At 18851 Northeast 29th Avenue To Venture X For 10 Years

The property involved in this transaction is an office space located at 18851 Northeast 29th Avenue in Aventura. The asset encompasses 17,800 square feet and has an asking rent of $60 per square foot. The lease term for this property is set for 10 years. The building is currently undergoing a comprehensive renovation of all lobbies and common areas.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $60/ft
• Square Footage: 17,800
• Address: 18851 Northeast 29th Avenue
• Market: Aventura
• Landlord: Grant Cardone
• Tenant: Venture X
• Landlord's Representative: Barrett Wolf & Kimberly Von - Wolf Co Real Estate Brokerage & Investments
• Tenant's Representative: Mathew Cozza - UFG Corp
• Lease Term: 10 years

This transaction signifies the commitment to enhancing the business environment at the 10X Building through the introduction of Venture X, a national co-working firm. The representatives involved in the deal, Barrett Wolf and Kimberly Von from Wolf Co Real Estate Brokerage & Investments, alongside Mathew Cozza from UFG Corp, facilitated the lease arrangement. The addition of Venture X is expected to create a vibrant hub for small businesses, offering a dynamic space that promotes collaboration and innovation.