Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A

Documents

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Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.

Key facts

Building Area

Property description

Jones Lang Lasalle Americas, Inc. (“JLL”) is pleased to exclusively offer the opportunity to acquire The Alhambra (the “Offering” or the “Property”), a two-building, 326,355 square foot Class A office complex in the heart of the “City Beautiful”, Coral Gables, Florida. The Offering consists of Alhambra Plaza, a 14-story tower with 232,039 rentable square feet, and Alhambra West, a 7-story tower with 94,316 rentable square feet. Alhambra Plaza and Alhambra West are LEED Gold Certified and Energy Star Rated office towers connected to a four star Hyatt Regency Hotel (not included in this Offering) and share 4-story structured parking garage. The ownership of Alhambra Plaza is structured as a condominium with three units including the Alhambra Plaza, Alhambra West, and the Hyatt Regency.

Investment highlights

  • Institutional Quality Asset with Synergistic On-Site Amenities
  • Rare Critical Mass in a Core Location
  • Diversified, Stable Tenancy - No Single Tenant Represents More than 8% of RSF
  • Well-Balanced Rollover Schedule
  • Significant Recent Capital Investment
  • Proximity to Miracle Mile and Giralda Avenue – Walk Score of 96
  • Easy Accessibility & Affluent Demographics
  • Offered at a Discount to Replacement Cost
  • Unencumbered by Existing Debt
Last Updated Date: 24 Sep 2021
Hermen Rodriguez
Hermen Rodriguez
Senior Managing Director, Capital Markets
Broker Licenses
FL-SL3018820
Ike Ojala
Ike Ojala
Managing Director, Capital Markets
Broker Licenses
FL-BK665573

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Last Updated Date: 24 Sep 2021

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