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Transactions - NOVEMBER 19, 2021

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Ascentris, Highline, SQUARE2 buys office campus in Doral, Fla.

by Released

Ascentris, Highline Real Estate Capital and SQUARE2 Capital have acquired Westside Plaza I, II and III, a three-building, four-story, 372,639-square-foot class A office campus located at 8400, 8300, and 8200 NW 33rd Street in Doral, Fla.

The LEED Silver certified buildings were constructed between 1996 and 2001 by Codina Partners and, since completion, have maintained an average occupancy of 90 percent. The property’s strong historical occupancy can be attributed to its premier location within a half mile of CityPlace Doral, one of Doral’s prominent retail destinations with 22 restaurants, a Fresh Market supermarket and a luxury movie theater. The property also benefits from direct access to multiple arterial thoroughfares, including the Palmetto and Dolphin Expressways and the Florida Turnpike, allowing for convenient access to both employee and decision-maker housing throughout Miami-Dade County.

The property’s occupancy recently decreased to 73 percent followi

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