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One Flagler Office Condos Targets Internationals

MIAMI—“Our target remains the international buyer pool, with Latin Americans topping the list,” Harvey Hernandez, chairman and managing director for Newgard, tells GlobeSt.com.

By Jennifer LeClaire | Updated on November 16, 2014

MIAMI—There’s been plenty of talk about office condos in recent weeks. Now, Newgard Development Group and Midgard Management Company are taking the next step toward putting office condos in investors’ hands, appointing Fortune International Realty as the sales firm for One Flagler, a boutique office condo building in Downtown Miami.

“Our target remains the international buyer pool, with Latin Americans topping the list,” Harvey Hernandez, chairman and managing director for Newgard, tells GlobeSt.com. “We’re presenting One Flagler as an opportunity to own a piece of Downtown Miami’s office market at prices well below replacement cost.”

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