Samsung Electronics’ Latin American Division Extends Doral Office Lease

As Doral continues to distinguish itself as a dynamic commercial hub due to its strategic proximity to the airport, vibrant community, and robust infrastructure, Samsung Electronics’ Latin American division has renewed its 14,138-square-foot lease at Doral Costa Office Park, located at 9850 NW 41st Street in Miami.

Colliers Vice Chair Jonathan Kingsley, Senior Vice President Kevin Gonzalez, and Vice President Tom Farmer represented the landlord, Doral Costa Capital, in the lease renewal. JLL’s Executive Vice President Adam Bernstein represented the long-term tenant, Samsung Electronics, in the lease transaction.

“After carefully assessing several markets, Samsung recognized that Doral Costa offers the ideal combination of top-tier building quality and unmatched accessibility for their team,” said Gonzalez. “Their decision to renew speaks to the park’s exceptional value, bringing the occupancy rate to 93%, with only two remaining spaces available for lease.”

Doral Costa Office Park encompasses 280,000 square feet of Class A office space in an 18-acre tropical setting, strategically located within the City of Doral, a top business and industrial hub in South Florida. The park’s proximity to Miami International Airport, Downtown Miami, and the Port of Miami, coupled with easy access to major highways, including the Palmetto and Dolphin Expressways, makes it an ideal location for businesses. These benefits have resulted in the park executing over 85,000 square feet in leases year-to-date. Tenants benefit from on-site amenities like dining options, banking, a car wash, and walkable access to fitness centers, salons, medical care, and top-rated schools further enhancing its appeal. Doral Costa’s strategic location provides access to a large, highly educated talent pool, making it an ideal destination for businesses seeking convenience, superior office quality, and connectivity.

Doral Costa Capital is a subsidiary of Aventura-based Triarch Capital Group. Founded in 1996, the firm leverages over seventy years of combined expertise in architecture, construction, development, and property/asset management to deliver integrations that result in successful real estate operations. With over $1 billion in assets and approximately 3.5 million square feet under management, the firm specializes in retail and grocery-anchored shopping centers, warehouse facilities, office buildings, and national-chain-occupied properties.

“We’re thrilled to have Samsung at the forefront of our prestigious Fortune 500 tenants at Doral Costa,” said Jorge Linkewer, Principal at Triarch Capital Group. “Their presence highlights the unmatched advantages of the property, from its prime location to its exceptional resiliency, all within the vibrant and amenity-rich Doral market.”

Samsung Electronics, a global technology leader, is dedicated to innovating and creating new opportunities for people worldwide. Founded in 1969, Samsung has become one of the top 10 brands globally, known for revolutionizing industries such as TVs, smartphones, wearable devices, tablets, digital appliances, network systems, semiconductors, and LED solutions. With a global presence and a diverse, creative workforce, Samsung is committed to shaping the future of technology and enhancing lives through cutting-edge solutions. The company has a strong presence in Latin America, with its regional headquarters in São Paulo, Brazil. Samsung has been catering to the Latin American market for many years, providing a diverse range of smartphones, televisions, and home appliances.