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BLANCA COMMERCIAL REAL ESTATE SECURES NEARLY 100,000 SQ FT OF LEASES AT WATERFORD AT BLUE LAGOON

MIAMI – July 9, 2019 – Blanca Commercial Real Estate, Florida’s leading independently owned commercial real estate brokerage firm, today announced it has secured nearly 100,000 square feet of lease renewals and expansions at Waterford at Blue Lagoon, located just south of Miami International Airport and the Dolphin Expressway (SR836) at NW 57th Avenue.

The leases include international hotel brand Marriott (21,000 SF renewal), civil defense law firm Mintzer, Sarowitz, Zeris, Ledva & Meyer (11,000 SF renewal), Swiss watch manufacturer The Swatch Group (5,000 SF expansion), international planning and architecture firm Leo A Daly (5,000 SF renewal), and cloud-based software company CareCloud (25,000 SF renewal). A separate series of seven smaller undisclosed transactions also accounted for another 25,000 square feet.

“Since taking on the Waterford at Blue Lagoon leasing assignment, our team has been able to leverage the property’s unique corporate-campus setting, central location and its global connectivity via Miami International Airport to attract and retain new and existing tenants,” said Tere Blanca, Chairman and Chief Executive Officer of Blanca Commercial Real Estate. “We look forward to further enhancing Waterford’s position as the premier corporate park in Florida.”

The Waterford portfolio, owned in a joint venture between Nuveen Real Estate and Allianz Real Estate, is the largest commercial office portfolio under one ownership group in Florida. The complex is home to more than 100 multinational corporations doing business across industries that include manufacturing, technology, transportation, healthcare, insurance and finance. Multiple Fortune 500 companies operating their regional or Latin American headquarters also leverage the property’s central location and top-quality office environment to draw from a multicultural and multilingual regional workforce.

The Blanca leasing team at Waterford is led by Managing Director and Vice Chairman John Guitar and includes executive vice president Phil Marchese and vice chairman Juan Ruiz.

More information and lease opportunities at Waterford at Blue Lagoon are available by contacting Blanca Commercial Real Estate at (305) 577-8850.

About Blanca Commercial Real Estate

Blanca Commercial Real Estate, the leading independently owned commercial real estate brokerage firm in Florida, provides a complete range of brokerage and advisory services to owners and users of commercial real estate. Established in 2009, the firm is noted for delivering distinct client value through a personalized approach, unique methodology, data-driven insight, vast network and deep community engagement. Practice areas include landlord representation, tenant representation, build-to-suit advisory services, and land/investment property acquisition and disposition. For more information, visit blancacre.com

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 Editor’s note: Interviews are available upon request