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Florida & Gulf Coast  + South Florida  + Net Lease  | 
Amarant Bancor corporate headquarters in Coral Gables, FL

STREAM Advises Amerant Bancorp on $135 Million Sale Leaseback of Coral Gables HQ

STREAM Capital Partners has advised Amerant Bancorp, Inc., on the $135-million sale leaseback of its corporate headquarters property in Coral Gables, FL. The property — a 177,000-square-foot Class A office building and attached indoor parking facility with 400 spaces — was 90% occupied by multiple tenants, with Amerant Bank as the master tenant. 

Amerant is leasing back the property for a period of 18 years from the time of closing.  The buyer was an institutional buyer.

Jonathan Wolfe, Jordan Shtulman and Sasha Dominguez of STREAM Capital Partners represented Amerant in the transaction. 

“The South Florida real estate market is attracting capital from across the globe, said Dominguez. “We expect to see many more companies in South Florida looking to sell and lease back their corporate-owned real estate as the valuations are extremely attractive today.”

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About Lisa McDuffie

Lisa McDuffie arrives at ConnectCRE via REALTOR® world, where she served for nearly two decades as communications director for one of the nation’s largest REALTOR® organizations. She supported two membership-elected presidents who were commercial real estate practitioners, and managed the communications initiatives of the organization’s commercial special interest group. When not following the latest commercial real estate news, Lisa is zeroed in on her charismatic off-the-track thoroughbred as he makes the transition from an utterly failed racehorse to a lovely show hunter.

  • ◦Sale/Acquisition
  • ◦Financing