Blanca CRE Brings The Plaza Coral Gables To 100% Leased
The Plaza Coral Gables spans seven acres and features approximately 455,008 square feet of Class A office space across two towers.
The Plaza Coral Gables spans seven acres and features approximately 455,008 square feet of Class A office space across two towers.
The activity includes a significant lease renewal with Brookfield Corporation, a global leader in financial services, underscoring the ongoing demand for high-quality office space in South Florida.
While set to open in 2025, the building is already 25% pre-leased.
The Main Las Olas was developed by Shorenstein Properties LLC and Stiles, two real estate leaders with development track records spanning more than a century.
Butters Realty & Management office team of Caroline Fleischer, Darcie Lunsford and Sky Butters represented the tenant.
The company will occupy space on the 20th floor of the property’s world-class Class A office tower.
The venture led by Parmenter will invest significant capital to enhance and reposition the property, establishing it as a new innovation hub in Doral.
The deals bring the 25-story, 387,402-square-foot “Class A” office community to over 50% leased following its November 2020 delivery.
Blackstone intends to create a new office to expand the firm’s in-house technology capabilities with plans to hire more than 200 tech-focused employees in Miami in the coming years.
The firm will be responsible for leasing approximately 72,600 of square feet of rentable space at the development. CLICK ON THE HEADLINE FOR MORE
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