Senior Vice President Derek Baker and Executive Vice President Michael Falk of Colliers South Florida represented the landlord, LRP Properties Abacoa, LLC., in the transactions. Dennis Waggner of Cresa and Tara England of Cushman & Wakefield represented the tenants.
The 63,151-square-foot, five-story building is a connected two-volume structure that features large open floor plates housing various components including offices, program space for The Jim Moran Foundation and the Jim Moran Institute, shared event space and archives exhibits. Estimated completion is March 2025.
The national eyewear chain has relocated the company headquarters to a 14,438 square foot space. Deborah Fink of CBRE represented the landlord in the transaction.
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Moss had been subleasing approximately 40% of the building and had previously executed a 5-year, 4-month deal beyond the sublease term for that space.
Backed by decades of collective experience in the banking industry, Balan and Toth have recognized the need for a specialized entity focused on swiftly resolving nonperforming notes, ensuring optimal outcomes for financial institutions burdened with distressed assets.
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The Newmark team was led by Jordan Roeschlaub and Dustin Stolly, Co-Presidents of Debt & Structured Finance, along with Executive Managing Directors Christopher Kramer and Nick Scribani, as well as Senior Managing Director Danny Matz from the Miami office.
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Last week, I called my contact in Tallahassee and confirmed that my interpretation was correct.