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| 9250 Doral, leased to West Coast University |
MIAMI, FL, March 4, 2014 –
Taylor & Mathis of Florida has executed the largest new office deal in
Miami’s Airport West Market in 2013, with a 45,000 square foot lease with
California-based West Coast University
(WCU).
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| Brian Gale |
Responding to a growing
nursing shortage in Florida, West Coast University, a health sciences
university, opened its first Southeast campus in February, at the newly
renovated, 9250 Doral.
The former single tenant
building recently underwent a multimillion dollar renovation by owner Delma
Properties to convert the property to a multi-tenant office building. WCU has
leased 25% of the building in a transaction valued at $13.5 million.
The deal was brokered by
Taylor & Mathis Principal, Brian Gale
representing the owner and co-broker, Charlie Carroccio and Scott Allen of CBRE representing West Coast University.
“The metropolitan Miami
area has become one of the country’s major health care hubs, and demands on
health care providers will only increase as the population continues to grow,”
said University President, Dr. Barry T. Ryan. “WCU is pleased to be part of the solution by preparing the highly
educated, competent and confident nurses that are increasingly in-demand.”
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| Dr. Barry Ryan |
The building’s large
45,000+ square foot floor plates were instrumental in securing the WCU
deal. WCU leased the second floor and a
portion of one of three pods on the third floor.
“We are pleased to see Delma’s financial commitment rewarded by
snagging the area’s largest office deal,” said Brian Gale of Taylor &
Mathis, the exclusive leasing agent. “The quality of the interior finishes
makes it feel like a brand new building. ItT&M has great ceiling height and
an excellent window line. 9250 Doral
sits in one of the most exciting and rapidly growing areas of the Miami-Dade
office market.”
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| Scott Allen |
Two years ago, 9250 Doral’s
single tenant occupant, Amadeus North America, moved out and the building
became 100% vacant. “The WCU lease
confirms our commitment to the asset and in the market,” said Todd
Benson, Senior Vice President, Delma
Properties.
“The heavy capital we have spent renovating the property are
starting to come to fruition. It’s always gratifying to be involved in a
project that repositions an asset and brings new tenants to the area.”
Delma’s investment included
refurbishing the lobby and common areas, as well as exterior work, including
upgrades to the entry fountain, pedestrian bridge, façade, parking, signage and
landscaping.
The building’s unique
design incorporating three pods with near-360 views, offers multiple tenants
the ability to occupy “corner” offices.
It offers 45,000+ square-foot floor
plates in an easy-access location, just minutes from Florida’s Turnpike on
Doral’s main east-west throughway. The views of the iconic Doral Golf Resort
and Spa just across the street are unparalleled. Located just a mile from
Doral’s mixed-use city center, it is ideally positioned for business owners who
appreciate the live-work concept.
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| Charlie Carroccio |
“With the views of Doral golf course and the
City Center just a mile away, we’re uniquely positioned to take advantage of
the best of Doral,” Gale said. We’re
right in the middle of everything.”
The 9250 Doral building, located at 9250 N.W. 36th Street,
comprises 187,000 square feet of space with floor-to-ceiling views and
reflective glass exterior. It is the largest block of space available in the
Airport West-Doral office market.
For a complete copy of the company’s news release, please
contact:
Todd Benson, Delma
(786)533-1620
Brian Gale, Taylor &
Mathis
(305)476-8880
