The Easton Group Secures $20 Million Refinancing For Doral Office Building
The permanent financing provided by City National Bank paid off a bridge loan that Easton used to acquire the Offices at Doral Square for $28.5 million in December 2023.
The permanent financing provided by City National Bank paid off a bridge loan that Easton used to acquire the Offices at Doral Square for $28.5 million in December 2023.
Excel Construction transformed an empty shell into a first-generation workspace that includes 12,862 sq. ft. of office space, and 253,390 sq. ft. of warehouse/packaging space.
The leases total 14,201 square feet, or approximately 10% of the total rentable space.
Owner and commercial real estate developer The Easton Group hired Excel Construction to develop warehouses and offices on nine acres of land at 1463-1481 Dr. Martin Luther King Jr. Boulevard, along the Florida East Coast railroad tracks.
The 15,090-square-foot building includes 3,000 square feet of executive office space with 22’ high ceilings. The property also has four (4) dock-height doors with a covered loading platform.
Easton senior associate Jake Weiss represented the law firm in the transaction.
The e-commerce fulfillment center secured a 124,000-square-foot warehouse and office facility.
Easton’s Michael Foxwell Jr. and Andrew Easton negotiated the lease transactions.
Jordan Todd of United Realty Group represented Universal Chillers. Michael Waite and James Armstrong IV of The Easton Group represented the landlord, Seagis Property Group. Ronald Marrero of Seagis also worked on the deal.
The 21,890-square-foot building is located in Westport Corporate Park.
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