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Citibank, N.A. Leases Office Space At Doral Center For $72.00 Per Sq.Ft

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LEASED
$72

Florida

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Office11,005 SF
Leased 06/10/2024
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LEASED

Citibank, N.A. Leases Office Space At Doral Center For $72.00 Per Sq.Ft

8750 Northwest 36th Street

See Similar Deals
Office11,005 SF
Leased 06/10/2024
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Summary

FLORIDA
Asset Type:Office
Price Per Square Foot:$72
Total Square Footage:11,005 SF
Transaction Type:Lease

The office property located at Doral Center, 8750 NW 36th Street in Doral, was involved in a lease transaction between Banyan Street Capital & Independencia Asset Management as the landlords and Citibank, N.A. as the tenant. The property boasts an asking rent of $72.00 per square foot for a total space of 11,005 square feet.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: Not Applicable
  • Address: 8750 NW 36th Street, Doral
  • Market: Doral
  • Landlord: Banyan Street Capital & Independencia Asset Management
  • Tenant: Citibank, N.A.
  • Landlord's Rep: Gordon Messinger & Randy Carballo - CBRE
  • Asking Rent: $72.00/ft.
  • Square Footage: 11,005

Randy Carballo and Gordon Messinger from CBRE served as the landlord's representatives in this lease deal, facilitating the agreement between Banyan Street Capital & Independencia Asset Management as the landlords and Citibank, N.A. as the tenant. This lease transaction highlights the collaborative effort among the key individuals and companies involved in the negotiation.

Players

Gordon Messinger
33 deals$164M volume
BROKER

Randy Carballo
CBRE
16 deals
BROKER

Details

LEASED
IMAGE: Randy Carballo & Gordon Messinger DATE: 06/10/2024 ADDRESS: Doral Center - 8750 NW 36th Street MARKET: Doral ASSET TYPE: Office LANDLORD: Banyan Street Capital & Independencia Asset Management TENANT: Citibank, N.A. (@CitiBank) LANDLORD'S REP: Gordon Messinger & Randy Carballo (@RCarballo) - CBRE (@CBRE) ASKING RENT: $72.00/ft. ~ SF: 11,005

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Deal Type
Effective Rent (Annual)

$908,351.94

Total Lease Value

$9,083,519.41

Net Landlord Cash Flow$908,351.94