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Kluger Kaplan Leases 17,757 SF Office At 201 Biscayne Boulevard Miami From Monarch Alternative Capital

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LEASED
$67

Florida

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Office17,757 SF
Leased 12/04/2024
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LEASED

Kluger Kaplan Leases 17,757 SF Office At 201 Biscayne Boulevard Miami From Monarch Alternative Capital

201 Biscayne Boulevard

See Similar Deals
Office17,757 SF
Leased 12/04/2024
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Summary

FLORIDA
Asset Type:Office
Price Per Square Foot:$67
Total Square Footage:17,757 SF
Transaction Type:Lease

The office asset leased is located at 201 Biscayne Boulevard in Miami, featuring a total square footage of 17,757. The lease is structured as a Full Service lease, distinct from a Triple Net lease. The landlord involved in the transaction is Monarch Alternative Capital.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not specified
  • Address: 201 Biscayne Boulevard
  • Market: Miami
  • Landlord: Monarch Alternative Capital
  • Tenant: Josh M. Rubens, Shareholder - Kluger Kaplan
  • Landlord's Representative: Steven Hurwitz & Douglas Okun - JLL
  • Tenant's Representative: Stephen Rutchik - Colliers
  • Lease Type: Full Service, Not Triple Net

The transaction features representation from Steven Hurwitz and Douglas Okun of JLL for the landlord, while the tenant is represented by Stephen Rutchik from Colliers. The parties involved highlight a collaborative effort in securing this office lease in a prominent Miami location.

Players

Steven Hurwitz
5 deals(305) 960-8441
BROKER

Douglas "Doug" Okun
JLL
4 deals
BROKER

Stephen Rutchik
Colliers
25 deals
BROKER

Details

LEASED
IMAGE: Stephen Rutchik, Josh M. Rubens, Steven Hurwitz & Douglas Okun DATE: 12/04/2024 ADDRESS: 201 Biscayne Boulevard MARKET: Miami ASSET TYPE: Office ~ SF: 17,757 LANDLORD: Monarch Alternative Capital TENANT: Josh M. Rubens, Shareholder - Kluger Kaplan LANDLORD'S REP: Steven Hurwitz & Douglas Okun - JLL (@JLL) TENANT'S REP: Stephen Rutchik - Colliers (@ColliersInternational) LEASE TYPE: Full Service, Not Triple Net

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Deal Type
Effective Rent (Annual)

$1,363,879.50

Total Lease Value

$13,638,795.03

Net Landlord Cash Flow$1,363,879.50