Managing Director Gordon Messinger Secured a Long-Term Lease with Onboard Media at Doral Concourse
Managing Director Gordon Messinger, representing building owner DRA Advisors, LLC, secured a long-term lease in the Class A office building located at 8400 Doral Boulevard. Matthew Cheezem, John Marshall and Edward Quinon of JLL represented Onboard Media.
Onboard Media was founded in 1989 and has established itself as the leading provider of integrated media for the global travel industry. It specializes in cruise ship retail promotion for lines such as Carnival and Royal Caribbean. The firm relocated its corporate headquarters to Doral Concourse after more than 20 years on Miami Beach.
“Doral continues to be one of the strongest office markets in all of South Florida,” said Messinger. “The demand we’re seeing here is driven by its central location in Miami-Dade County, its access to major thoroughfares and the availability of high-quality space with market-leading parking ratios, which are required to accommodate the needs of the modern workforce.”
Doral Concourse is a six-story, 240,950-square-foot office building housing notable tenants such as Humana, Marriott, General Mills, Wells Fargo and Infinity Insurance. Ownership recently completed a capital improvement program consisting of renovations to the ground-floor lobby and upper-floor common areas.
Doral Concourse offers premium finishes, a structured parking garage with the highest parking ratio in the submarket (5.0 spaces per 1,000 square feet), fiber-optic service and monument signage with frontage on Northwest 41stStreet/Doral Boulevard. The building is located in the heart of Doral, just minutes from Miami International Airport and downtown Miami. It offers excellent access to Palmetto Expressway, Dolphin Expressway and Florida’s Turnpike. Doral Concourse is located near Trump National Doral Golf Resort & Spa and is surrounded by an excellent amenity base, which includes the new CityPlace Doral.
About Cushman & Wakefield
Cushman & Wakefield is a leading global real estate services firm that helps clients transform the way people work, shop, and live. Our 43,000 employees in more than 60 countries help investors optimize the value of their real estate by combining our global perspective and deep local knowledge with an impressive platform of real estate solutions. Cushman & Wakefield is among the largest commercial real estate services firms with revenue of $5 billion across core services of agency leasing, asset services, capital markets, facility services (C&W Services), global occupier services, investment & asset management (DTZ Investors), project & development services, tenant representation, and valuation & advisory. To learn more, visit www.cushmanwakefield.com or follow @CushWake on Twitter.
About DRA Advisors LLC
DRA Advisors LLC is an investment advisor specializing in real estate investment and management services for institutional and private investors. DRA has over $10 billion in assets under management. Since 1986, DRA’s focus has been consistent: conservative, value-added real estate investments in the office, retail, multi-family and industrial sectors in the United States. DRA’s acquisitions since inception include 1,200 properties valued at over $23 billion.