The South Florida Industrial Team of Wayne Ramoski, Gian Rodriguez and Skyler Stein Negotiated the Sale of the ±35,779-Square-Foot Mixed-Use Building
MIAMI, FL, October 21, 2019 — The Cushman & Wakefield South Florida Industrial Team of Wayne Ramoski, Gian Rodriguez and Skyler Stein represented Florida Grand Opera in the sale of Doral Center at 25th, a ±35,779-square-foot mixed-use building in Doral.
An affiliate of Miami-based Imagik International Corp. acquired the asset for $7 million ($196 per square foot). Pedro J. Garcia and Rudford Hamon of Binswanger-Gateway Partnership represented the buyer.
Doral Center at 25th was developed in 1997 on a ±1.7-acre site at 8390 NW 25th Street. The two-story building features 18,068 square feet of office space, 22-foot clear heights, three dock-high doors, one grade-level door and more than 60 parking spaces.
The property is located directly off NW 25th Street at the signalized intersection with NW 84th Avenue, offering excellent main road visibility and easy access to all major trade routes in the Doral submarket.
At the time of sale, the building was owned and fully occupied by Florida Grand Opera, housing it’s administrative, production and artistic functions. Florida Grand Opera will be relocating their operations.
“Doral Center at 25th represents a tremendous opportunity to be located on a main thoroughfare in the dynamic city of Doral,” said Ramoski. “The location is irreplaceable and future uses many.”
Cushman & Wakefield’s South Florida Industrial Team, comprising Ramoski, Rodriguez and Stein, negotiated 2.7 million square feet of sales and leases valued at more than $156 million in 2018. For more information, please visit www.soflaindustrialteam.com.
About Cushman & Wakefield
Cushman & Wakefield (NYSE: CWK) is a leading global real estate services firm that delivers exceptional value for real estate occupiers and owners. Cushman & Wakefield is among the largest real estate services firms with approximately 51,000 employees in 400 offices and 70 countries. In 2018, the firm had revenue of $8.2 billion across core services of property, facilities and project management, leasing, capital markets, valuation and other services. To learn more, visit www.cushmanwakefield.com or follow @CushWake on Twitter.