Sucden Americas Leases 7,649 Square Feet Office Space At 255 Alhambra Circle Coral Gables

The property involved in this lease transaction is an office asset located at 255 Alhambra Circle in Coral Gables, FL. The total area of the office space is 7,649 square feet. Sucden Americas will be relocating its Latin America headquarters to this location after more than 30 years in Brickell. The lease agreement is for a duration of 10 years, effective from June 2027.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: Not specified
• Address: 255 Alhambra Circle
• Market: Coral Gables, FL
• Landlord: Stephen Bittel - Terranova Corporation; Alex Karakhanian - LNDMRK Development; Scott Sherman - Torose Equities
• Tenant: Ludovic Hervé - Sucden Americas
• Landlord's Representative: Kevin Gonzalez & Stephen Rutchik - Colliers
• Tenant's Representative: Tony Jones - Cushman & Wakefield
• Lease Terms: 10-year

This transaction marks a significant move as Sucden Americas expands its office space from 6,350 square feet to accommodate approximately 50 employees in the new location. The involvement of Colliers and Cushman & Wakefield in the leasing negotiations highlights the collaboration between key industry players in facilitating this transaction.