Downtown Doral’s 8333 Office Building Signs Two New Tenants, Achieves 90% Occupancy
8333 Downtown Doral’s leasing momentum features a mix of new tenants, renewals and expansions.
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8333 Downtown Doral’s leasing momentum features a mix of new tenants, renewals and expansions.
CBRE’s Christian Lee, Sean Kelly, Tom Rappa and Matthew Lee represented the seller in the transaction.
The South Florida-based commercial real estate investment firm is targeting high-quality Southeast U.S. acquisitions.
The seven-building park totals 144,874 square feet.
CBRE’s Amy Julian and Andrew Chilgren represented the owner, WMP I LLC, in the transaction.
Previously based in Brickell, the tenant sought a larger footprint and a standalone building within a central business district to accommodate its growing team and evolving operational needs.
The project includes 358 apartment residences, including 90 workforce housing units, as well as a 19,000 square feet of outparcel retail, in which Trader Joe’s which will occupy 15,000 square feet of the commercial space.
Delivered in February 2020, the hotel is the only waterfront hotel in West Palm Beach offering direct proximity to Palm Harbor Marina.
The seller executed a sale-leaseback agreement at closing, allowing the company to continue occupying the property for 30 years.
The portfolio includes 11 buildings of single-story, highly functional small-bay industrial with 150 grade-level loading doors. The portfolio, which was completely renovated in 2023, is 98% leased to a diverse array of 62 tenants.
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