$41.4 Million Loan Closes on Purchase of Two Doral Office Buildings

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.

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Construction Underway on 39-Story Miami Starlite in Brickell

Construction is underway on Miami Starlite, a 39-story residential tower in Brickell being developed by Focus and Group Fox Management and designed by Gensler. The project will rise on the former Miami Starlite Motel property at 128 Southwest 7th Street, where Suffolk Construction recently confirmed that they broke ground in January and has already advanced through several early foundation milestones.

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