Demetrios Kafouros Of Postr Signs Six-Year Lease For 10,000 Square Feet In Miami
311 Northwest 28th Street
Building Size
10,000 SF
Asset Type
Office
Closing
Jul 13, 2026
AI
The lease involves an office asset located at 301 and 311 Northwest 28th Street in Miami, FL, encompassing a total square footage of 10,000. The transaction indicates a significant activity in the Wynwood neighborhood, which is known for its entrepreneurial environment and creative spaces.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not specified
- Landlord: David Lerner - Lerner Family Properties
- Tenant: Demetrios Kafouros - Postr
- Lease Terms: Six-year
Demetrios Kafouros, representing Postr, signed the lease for their new headquarters, planning to relocate 20 employees from Baltimore to Miami, with intentions to hire up to 60 additional employees as part of their operational expansion.
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