Hollywood Industrial Property Sells For $387 PSF
The deal was handled exclusively by CBRE’s Larry Genet, Tom O’Loughlin, Michael Oretsky, Devin White, Jose Lobon and David Albert.
The deal was handled exclusively by CBRE’s Larry Genet, Tom O’Loughlin, Michael Oretsky, Devin White, Jose Lobon and David Albert.
CBRE’s Tyler Kuhlman, Luke Hansen and C’jon Armstead represented the sellers as well as the buyer in the transaction.
Originally acquired in 2021, the campus was repositioned through a multi-year strategy to concentrate tenancy, enhance the office assets and unlock a portion of the site for residential development, enabling two distinct paths for value creation.
The lease deal was negotiated by Gordon Messinger of CBRE.
CBRE’s John Criddle, Joe Freitas and Max Pawk will serve as exclusive leasing agents.
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.
This transaction brings the 420,525 square feet of rentable Class A office space at the project to nearly full occupancy.
This is the first time the property has been offered for sale since it was built in 1974.
Colliers’ Vice Chair Stephen Rutchik and Vice President Tom Farmer represented ownership in the transactions.
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