MIAMI—The Related Group and Shoma Group are tag teaming on a mixed-use project in Doral. Located on a 48-acre site, developers will break ground on Park Square at Doral later this year.

Blanca Commercial Real Estate president and CEO Tere Blanca represented Shoma Group in the transaction. Blanca teamed up with Robert Kaplan and Mark Rutherford of Ackman-Ziff Real Estate Group LLC on the deal.

“Doral’s recent population growth and built-in employee base make it the perfect market for mixed-use development with a multifamily component,” Blanca tells GlobeSt.com. “Doral’s evolution into a fully-populated urban center in west Miami-Dade County will continue to drive activity in the residential and commercial sectors, with additional development on the way.”

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.