FOR IMMEDIATE RELEASE
(305) 403-2080, Ext. 115
BLANCA COMMERCIAL REAL ESTATE NAMED
EXCLUSIVE LEASING AGENT FOR WATERFORD AT BLUE LAGOON
MIAMI – August 29, 2018 –Blanca Commercial Real Estate, South Florida’s leading independently owned commercial real estate brokerage firm, has been named exclusive leasing agent for the TH Real Estate and Allianz portfolio in Waterford at Blue Lagoon. The property consists of 1.7 million square feet of Class A office space.
The portfolio, owned in a joint venture between TH Real Estate, an affiliate of Nuveen (the investment management arm of TIAA) and Allianz Real Estate, is the largest commercial office park under one ownership group in Florida. Located just south of Miami International Airport and the Dolphin Expressway (SR836) at NW 57th Avenue, Waterford at Blue Lagoon is home to more than 100 multinational corporations doing business across industries that include manufacturing, technology, transportation, healthcare, insurance and finance. 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.
“We are delighted to have been selected to work on behalf of both TH Real Estate and Allianz Real Estate to realize their Waterford portfolio’s full potential,” said Tere Blanca, founder and CEO of Blanca Commercial Real Estate. “Waterford is a premier office park that is representative of Miami’s global appeal as an ideal business destination. We look forward to further positioning the park to attract additional major brands and large corporate users.”
Added Charles Russo, Director at TH Real Estate: “We look forward to working with the Blanca team to further enhance the strong position of the Waterford portfolio within Miami’s commercial real estate marketplace. Waterford caters to an impressive global tenant roster of multinational corporations and has a strong track record of tenant retention. The team is poised to offer a myriad of corporate real estate solutions in response to the dynamic needs of today’s office users.”
An integral part of the vision for this portfolio is to capitalize on its prime location, its unique setting and its flexibility to accommodate build-to-suit opportunities for office tenants in a tight office market across the state. Waterford is noted for its unique opportunity to accommodate up to 800,000 square feet of new build to suit office space.
In addition to Blanca, the leasing team includes managing director and vice chairman John Guitar and executive vice presidents Phil Marchese and Juan Ruiz. The team has extensive experience working with owners and developers, plus a strong track record of successfully leasing office parks throughout the state. A support team of experienced marketing, research and branding professionals will be led by Blanca CMO Diana Pubchara. The Hogan Group provides property management services.
The addition of this asset to Blanca’s office leasing portfolio makes Blanca the largest commercial real estate brokerage by market share in agency leasing in Miami-Dade County. Since launching the firm in 2009, the Blanca team has grown to nearly 30 top industry professionals.
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 South 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.
About TH Real Estate
TH Real Estate, an affiliate of Nuveen (the investment management arm of TIAA), is one of the largest real estate investment managers in the world with $114bn in AUM as at 31 March 2018. Managing a suite of funds and mandates spanning both debt and equity across diverse geographies, sectors, investment styles and vehicle types, we provide access to every aspect of real estate investing, visit www.threalestate.com.
About Allianz Real Estate
Allianz Real Estate is the strategic real estate organization within the Allianz Group and a leading international real estate investment and asset manager. Allianz Real Estate develops and executes worldwide tailored portfolio and investment strategies on behalf of the Allianz companies, considering direct as well as indirect investments and real estate loans. The operational management of investments and assets is currently performed in 5 regions, West Europe (Belgium, France, Italy, Luxemburg, Portugal, Spain), North & Central Europe (Austria, CEE, Germany, Ireland, Nordics), Switzerland, USA and Asia Pacific. The headquarters of Allianz Real Estate are located in Munich and Paris. Allianz Real Estate has approximately 56 billion euros assets under management. For more information, visit www.allianz-realestate.com.