(Crystal Proenza is associate editor of Real Estate Florida.)

MIAMI-Boca Raton-based Procacci Development Corp. has opened two new buildings at the Dolphin Commerce Center in the Airport West submarket. The two buildings, each 82,372 sf located at 11410 and 11430 NW 20th St., tout a hurricane-resistant design that can withstand winds up to 185 mph and 100% backup generator capacity for up to two weeks.

Over 150 people attended an Aug. 7 grand opening event, including members of the Beacon Council, Miami Chamber of Commerce, local business leaders and building tenants. "The number of people present was a testament to the community's belief in the project as one the area needs," Debra Kremblas, vice president of Proccaci, tells GlobeSt.com, adding that the investment into creating the hurricane-resistant buildings is a testament to the company's long-term commitment to the 49-acre Crossroads at Dolphin Commerce Center project.

The two newest additions to the project are entering the market 50% leased, says Kremblas. CarePlus Health Plans Inc. occupies 56,000 sf as administrative offices, while the University of Phoenix occupies a full floor of 26,000 sf to operate a master's degree program. According to Jones Lang LaSalle's second-quarter report, current pricing at the development is $23.50 per sf triple net, with a $9.50-per-sf operating expense. Additional terms of the leases were not disclosed.

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