Waterford Corporate Center Sells For $16.9 Million

Blanca Commercial Real Estate announced today the sale of Waterford Corporate Centre. The multi-tenant office property, renovated in 2019, sits at 5835 Blue Lagoon Drive in Miami.  The asset sold for $16.9 million.

This 61,194 square foot office building is conveniently situated within the corporate-campus style Waterford Business District, fronting beautiful views of Miami International Airport and immediate access to the Dolphin Expressway. The prime location also connects the campus to several major Miami neighborhoods, including Doral, Coral Gables, Brickell, Downtown Miami and Wynwood.

Waterford Corporate Centre is currently 97% leased and boasts prestigious tenants including The United States Department of Commerce, The State of Florida Department of Education, Volvo Group North America and World Trade Center Miami.

Cary Cohen, Executive Vice President of Blanca Commercial Real Estate, is the exclusive broker representing the seller, Blue Lagoon Investments, LLC.

“We’d like to congratulate the Benitez Family in adding another trophy asset to their portfolio,” Cary said.  “The sales process was seamless thanks to the utmost professionalism from both buyer and seller. ”

Recently renovated in 2019, Waterford Corporate Centre features an impressive and elegant double-height lobby, tenant conferencing facility, and a rooftop helicopter landing pad.