Ocean Bank has provided $41.4 million in financing to COFE Westside Plaza LLC for the acquisition of Westside Plaza II and III, a pair of four-story multi-tenant office buildings at 8200 and 8300 NW 33rd Street in Doral. The newly renovated properties span a combined 276,637 square feet across 13 acres. Recent listings and trade reports identify the buildings as Class A office properties within the Westside Plaza campus.
The two buildings contain 36 commercial tenants, including Guidewell Sanitas, US Med, LLC, Inktel Contact Center Solutions, Venture X, and PR Global Reservations LLC. Amenities include a conference center, tenant lounge, fitness center, and grab-and-go café.
Credit: COFE Westside Plaza LLC.
“COFE Managing Partners Eugenio Cosculluela and Mario Fernandez are valued clients of Ocean Bank, and we are excited to support them in their latest venture,” said Eddie Diaz, Executive Vice President and Head of Corporate Banking.
COFE Properties was founded in 2001 by Mario Fernandez and Eugenio Cosculluela and is headquartered in Miami, with regional offices in Atlanta, Dallas, and Houston. The firm focuses on acquiring and managing income-producing multi-tenant assets in urban markets.
Senior Vice Presidents Juan Mendiola and Federico Tunnerman arranged the loan on behalf of Ocean Bank.
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