Codina Partners Unveils Vision For Final Phase Of Downtown Doral
This new phase will introduce nearly 25,000 square feet of retail offerings along 87th avenue and 929 parking spaces in the garages serving the retail.
This new phase will introduce nearly 25,000 square feet of retail offerings along 87th avenue and 929 parking spaces in the garages serving the retail.
Hialeah has seen an industrial boom in recent years with 30 million square feet of warehouses and manufacturing plants boasting a vacancy rate of only 1.7 percent, which ranks the lowest amongst the Miami-area submarkets.
Codina is planning a mixed-use project with a focus on residential, “lifestyle” shops and neighborhood businesses, however he did not yet have a detailed development plan.
All Florida Paper will occupy the entire 226,698 square foot building.
The park will eventually span more than 1.3 million square feet of space.
Fairchild Partners’ Jose Juncadella and Sebastian Juncadella represented Codina Partners and USAA Real Estate and Gus Fonte with AJF Properties represented the tenant in the transaction.
The lease deals total a combined 32,000 square feet.
Fairchild Partners’ Jose Juncadella and Sebastian Juncadella represented the landlord and Savills’ Peter Starr and Thomas Capocefalo represented the tenant.
Armando Codina and Ana-Marie Codina Barlick, along with a high-profile panel of industry experts, will discuss current office market trends between landlords and tenants, recent lease transactions, absorption and vacancy rates. CLICK ON THE HEADLINE FOR DETAILS
The 120-acre project is slated for 2,840 residential units, over 1 million square feet of office space, 180,000 square feet of retail space and a charter school. CLICK ON THE HEADLINE FOR MORE
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