Berkadia Secures $43.5M Loan To Refinance Dacra’s Miami Design District Property
Managing Director Scott Wadler, Senior Director Matthew Nihan and Senior Analyst Michael Basinski of Berkadia Miami secured the financing.
Managing Director Scott Wadler, Senior Director Matthew Nihan and Senior Analyst Michael Basinski of Berkadia Miami secured the financing.
The lease allows Tricera to seamlessly backfill space to be vacated by Comerica Bank, which is moving out of 1675 Midtown when its lease expires in June 2023.
Tricera is scheduled to deliver possession to its tenants by Q4 2022.
Colliers Executive Director Robert Listokin brokered the lease on behalf of the tenant FirstService Residential.
Tenant delivery is anticipated to begin in the first-quarter 2024.
In addition to bringing on the trio, Cushman & Wakefield has welcomed several new hires over the past few months.
The 131,680-square-foot property consists of two single-tenant net leased buildings.
CBRE Executive Vice President John Criddle, First Vice President Joe Freitas, Senior Associate Max Pawk and Transaction Manager Allie Lancashire have been tapped to lease the buildings.
The JLL Capital Markets team representing the seller was led by Senior Director Maxx Carney and Managing Director Ike Ojala.
CBRE Executive Vice President John Criddle, First Vice President Joe Freitas and Transaction Manager Allie Lancashire signed the lease deals.
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