Former Miami Herald, el Nuevo Herald Office Building In Doral Trades For $27M
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 venture led by Parmenter will invest significant capital to enhance and reposition the property, establishing it as a new innovation hub in Doral.
The move’s estimated cost includes relocating the company’s newspaper operations, construction of a production facility, a $3.1 million land acquisition, “accelerated depreciation” and moving expenses. CLICK ON THE HEADLINE FOR MORE ON THIS STORY
The Herald also completed the purchase of an adjacent six acre site, which will house the company’s 119,000 square foot production building. CLICK ON THE HEADLINE FOR MORE ON THIS STORY
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