MIAMI—Doral just keeps growing hotter as new developments get underway—and new developers stake claim on land. Two parcels in the heart of the South Florida city just sold for $4.4 million, or about $18 per square foot, in an all-cash deal.

Jose Juncadella, broker and firm principal at Fairchild Partners, along with Sebastian Juncadella, associate with the firm, represented the seller, PR Transal Park Land. Stephen Di Giacomo and Patricia Marquez of DiGiacomo Group represented the buyer, Overcom Trade.

“One of the big challenges with this deal was going through the architectural review process for the park as well as ensuring that the proposed Overcom facility would be approved with its particular headquarters requirements,” says Jose Juncadella. “Ultimately, both buyer and seller worked together to find mutually beneficial solutions in a great example of good faith dealing.”

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.