MIAMI-Rilea Group has been developing real estate projects in South Florida since 1981. In fact, the company is known for taking a project from development and construction to leasing and management. The firm is behind winning projects such as 1450 Brickell office tower, Sabadell Financial Center, and One Broadway.

Recently, Rilea Group ventured into a new area of the development world: fee-for-development. One significant project Rilea took on was International Financial Bank’s new 45,000-square-foot headquarters, one of the few commercial development projects currently underway in the Miami market. Construction of the seven-story building has officially topped off, with the project’s completion set for the fall of 2011.

GlobeSt.com caught up with Alan Ojeda, president of Rilea Group, to discuss the new focus toward fee-for-development projects, how the firm is attracting the likes of International Financial Bank, and how Rilea approaches these projects.

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