Monday, August 05, 2013
NEW BOSTON FUND FINALIZES OFFICE LEASES TOTALING 12,500 SQUARE FEET AT ONE PARK SQUARE AT DORAL IN MIAMI
Remasur USA, TravelMax USA, MM Global Strategies and Kforce, Inc. become One Park Square’s newest tenants
Miami, Fla. – August 5, 2013 – New Boston Fund, Inc., a private equity real estate investment, development and management firm, announced today that it has finalized four new lease agreements at One Park Square at Doral, a Class-A office building located in Doral, Fla. The building’s newest tenants will be diagnostics company Remasur USA, LLC; international travel agency TravelMax USA, Corp.; international business consulting firm MM Global Strategies; and professional staffing and solutions firm Kforce, Inc. The leases account for approximately 12,500 square feet of premiere office space. Financial terms of the agreements were not disclosed.
One Park Square is a newly constructed 11-story, 281,623-square-foot Class-A mixed-use building located adjacent to Miami International Airport in the Airport West submarket. The building features 40,000 square feet of ground-floor retail space and offers some of the highest quality finishes and amenities in the Miami market, as well as panoramic views of Miami and the world-renowned Doral Golf and Country Club.
“New Boston is thrilled to add Remasur USA, TravelMax USA, MM Global Strategies and Kforce to its tenant roster at One Park Square,” said Pam Adamian, Vice President of Asset Management for New Boston Fund. “The building’s increased occupancy is a testament to its highly accessible location and quality amenities that are unparalleled in the Miami-Dade market.”
Tenants at One Park Square at Doral enjoy amenities, such as 24-hour security, on-site property management, a fitness center for the exclusive use of tenants, conference facilities and an on-site Harvest Delights restaurant. In addition, the building offers ample parking in an integrated five-story covered parking garage, as well as visitor valet parking. Office floor plates at One Park Square at Doral measure up to 38,846 square feet in size.
One Park Square at Doral’s newest tenants join a diverse roster of multinational and domestic companies that already call the building home, including anchor tenant Amadeus North America; Harley-Davidson Motor Company; The Latin Recording Academy®; Retailnova; Visit Us, Inc., the U.S. division of Spanish hotel chain Iberostar; marketing and research consulting firm Drimets; and import/export firm Alcora Group, among others.
News of One Park Square at Doral’s most recent leases comes amidst new development activity at the mixed-use project. Related Group and Shoma Development have begun construction of City Place Doral, a first class mixed-use residential and retail development on 48 acres of land surrounding the office building.
Tere Blanca, Danet Linares and Andres del Corral of Blanca Commercial Real Estate, which serves as the exclusive leasing agent for One Park Square at Doral, represented landlord New Boston Fund in the transactions. Pablo Langesfeld of Transworld Business Brokers represented TravelMax USA; Jose Luis Vera of United Realty Group represented MM Global Strategies; and Caroline Fleischer of Cushman & Wakefield represented Kforce, Inc.
“Offering a convenient location, premium amenities, as well as a quality institutional ownership and management team, One Park Square at Doral is the ideal address for users seeking Class A space in the heart of Doral,” said Tere Blanca, President & CEO of Blanca Commercial Real Estate. “Doral’s business district has come to life in recent years with new office tenants, retailers and residential development nearby. One Park Square at Doral is the center of activity – especially now that the adjacent 48-acre residential and retail project City Place Doral is underway.”
Located at 3470 NW 82nd Avenue in Doral, One Park Square at Doral is easily accessible from most major Miami-Dade highways, including the Palmetto and Dolphin Expressways.
To learn more, please visit www.parksquareatdoral.com. For leasing information, contact Tere Blanca, Danet Linares or Andres del Corral of Blanca Commercial Real Estate at (305) 577-8850.
About New Boston Fund
New Boston is an independent, privately owned real estate investment manager and an industry leader in providing real estate investment, development and management services with a history of strong sponsorship and oversight of its investment funds. New Boston has developed or acquired commercial and residential properties with a cumulative market value of about $3.5 billion, including 23 million square feet of commercial real estate and 7,500 residential units. Our investment vehicles cater to institutional and high-net worth investors by offering value-add and urban real estate investment funds with a focus on diversification and capital preservation. The New Boston Fund: People, Values, Returns. www.newbostonfund.com
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