Colliers Vice Chair Stephen Rutchik, Vice President Tom Farmer, and Associate Vice President Tyler de la Peña represented the landlord, CGI Merchant Group, negotiating four new leases totaling 12,882 square feet.
The developer said the office floor plates would range from 19,000 to 27,000 square feet and the project would include retail space on the ground floor and about 1,000 parking spaces.
The portfolio of 96 properties includes rental apartments, single-family homes, an office condo unit and a developable site zoned for a three-story rental building.
The lease deal marks the company’s fifth location in Miami, its seventh in the county and 11th in the state.
Ryan Holtzman, Andrew Trench, and Michael Feldman of Cushman & Wakefield and Chris Coots of Flagler Healthcare Investments will collaborate to oversee medical office leasing efforts on behalf of the developer, which is a partnership between Black Salmon and The Allen Morris Company.
Gordon Messinger and Randy Carballo with CBRE represented the landlord in all lease negotiations.
Colliers South Florida’s Kevin Gonzalez, Jake Freeman and Ana Paula will lead leasing efforts.
Stream’s first Florida office opened in January of this year in Fort Lauderdale, led by Greg Katz, who came to the firm from Newmark together with four team members.
The transaction would set a record if the purchase closes at this price.
The software company, with 2,000 employees worldwide, said last week it would relocate its headquarters from San Francisco to Miami.
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