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One Park Square
Doral, FL 33122

Acquired

9/28/2010

Location

One Park Square is located in Doral, FL, in the heart of Miami Dade`s Airport West market, which is the region`s largest suburban office market. Doral is a rapidly growing community with a high quality of life and is a growing destination for upscale businesses. The region is home to a number of corporate headquarters including Carnival Cruises and Univision, and the market also serves as a regional headquarters for many companies doing business in Latin America. The Airport West submarket is easily accessible from most major Miami-Dade highways, drawing employees from multiple bedroom communities. The property is part of a larger mixed-use project planned for the region and is directly adjacent to Miami International Airport and the Palmetto Expressway.

Description

One Park Square is a 281,623-square-foot, 11-story, Class A office building completed in 2010. The property offers some of the highest quality finishes in the Miami market and features ground floor retail space, 24-hour security, on-site management, a fitness center, a conference facility, and an integrated covered parking garage. The property is situated within a dense commercial region adjacent to Miami International Airport that is home to numerous corporate headquarters and operations. One Park Square represents the first completed phase of a 51-acre master planned, mixed-use community.

Click Here for the property`s brochure.

Investment Rationale

  • Newly constructed, class A+ building that is recognized as one of the highest quality assets in the market, offering high quality finishes and amenities.
  • Situated in a strong location adjacent to Miami International Airport and easily accessible from a number of area highways, including the Palmetto and Dolphin Expressways.
  • Low basis and high property quality allow the asset to be highly competitive in attracting tenants
  • Property offers substantial opportunities to add value through lease-up


Fund Ownership

Fund VII

Map

For more information regarding properties for sale, please email us at sales@newbostonfund.com or call 1.866.DIAL.NBF