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HSBC Leases Office Space At Four Seasons Tower Miami

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LEASED
$95

Florida

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Office21,000 SF
Leased 01/03/2024
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LEASED

HSBC Leases Office Space At Four Seasons Tower Miami

1441 Brickell Avenue

See Similar Deals
Office21,000 SF
Leased 01/03/2024
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Summary

FLORIDA
Asset Type:Office
Price Per Square Foot:$95
Total Square Footage:21,000 SF
Transaction Type:Lease

The Four Seasons Tower in Miami, located at 1441 Brickell Avenue, has been leased by HSBC. This office space spans 21,000 square feet and was leased at an asking rent of $95 per square foot. The lease transaction was facilitated by CBRE, with Barbara Liberatore Black and William Morrison representing HSBC as the tenant's representatives. On the other hand, Gordon Messinger from CBRE acted as the landlord's representative for Millennium Partners.

Summary of transaction details:

The leasing arrangement between HSBC and Millennium Partners showcases the collaboration between CBRE, as the tenant's representatives and the landlord's representatives. This deal solidifies HSBC's presence in Miami's office market, allowing them to operate from the prestigious Four Seasons Tower on Brickell Avenue.

Players

Gordon Messinger
33 deals$164M volume
BROKER

William "Will" Morrison
JLL
2 deals
BROKER


HSBC
LENDER


HSBC
TENANT

Details

LEASED
IMAGE: Barbara Liberatore Black, Gordon Messinger & William Morrison DATE: 01/03/2024 ADDRESS: Four Seasons Tower Miami – 1441 Brickell Avenue MARKET: Miami ASSET TYPE: Office LANDLORD: Millennium Partners TENANT: HSBC (@HSBC) LANDLORD'S REP: Gordon Messinger - CBRE (@CBRE) TENANT'S REP: Barbara Liberatore Black & William Morrison - CBRE (@CBRE) ASKING RENT: $95/ft. ~ SF: 21,000

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Deal Type
Effective Rent (Annual)

$2,287,043.92

Total Lease Value

$22,870,439.23

Net Landlord Cash Flow$2,287,043.92