Univision, an American Spanish language broadcast television network, has signed the largest new office lease this year in the Airport West/Doral market. The firm leased 40,000 square feet at 9250 Doral. The 12-year, $14 million deal was brokered by Brian Gale and Andrew Trench of Taylor & Mathis representing the owner Delma and co-brokers Mitchell Millowitz and Lance Benson of Newmark Grubb Knight Frank representing Univision. Univision, who owns and fully occupies a building right across the street, is expanding their offices to 9250 Doral.
Just two years ago 9250 Doral, an outdated 1980s office building was completely vacant. Taylor & Mathis of Florida has successfully overseen the building’s turnaround filling 88% of the office space in four deals valued at $33 million, since the building’s conversion and multi-million dollar renovation. In that time 145,000 square feet of leases have been completed with Univision; Prestige Health Choice leasing 50,000 square feet; West Coast University 45,000 square feet; and Tracfone 10,000 square feet.
The former single tenant building recently underwent a multimillion dollar renovation by owner Delma Properties to convert the property to a multi-tenant office building. The quality of the new interior finishes makes it feel like a brand new building. It has great ceiling height and an excellent window line. Two years ago, 9250 Doral’s single tenant occupant, Amadeus North America, moved out and the building became 100% vacant. Delma Properties took the Class B building and gave it a modern, Class A renovation. “Tenants are getting a great value,” said Gale. “They love the modern renovation, the Doral location and the building’s large 50,000 square foot floor plates.”
The building’s unique design incorporating three pods with near-360 views, offers multiple tenants the ability to occupy “corner” offices. It offers 50,000 square-foot floor plates in an easy-access location, just minutes from Florida’s Turnpike on Doral’s main east-west throughway. The views of the iconic Doral Golf Resort and Spa just across the street are unparalleled. Located just a mile from Doral’s mixed-use city center, it is ideally positioned for business owners who appreciate the live-work concept. With the views of Doral golf course and the City Center just a mile away, the building is uniquely positioned to take advantage of the best of Doral. It is right in the middle of everything. The 9250 Doral building, located at 9250 N.W. 36th Street, comprises 187,000 square feet of space with floor-to-ceiling views and reflective glass exterior.