MIAMI—Doral Commons, a four-story, 59,727-square foot office building located at 8550 Northwest 33 Street in Doral, FL, has traded hands. The office building more than doubled in value in the past four years. The office property previously sold for $6,250,000 in April 2011.

Marcus & Millichap senior vice president of investments Douglas K. Mandel and vice president of investments Benjamin H. Silver, represented the buyer and seller. Blanca Commercial Real Estate president and CEO Tere Blanca, vice chairman Danet Linares, and vice president Andres del Corral, the seller's exclusive leasing agent, assisted on the deal.

"Doral has risen substantially on the interest scale across all sectors, driving transactions and pricing upward. Demand for office space will continue to grow as community-centric and residential projects continue to transform Doral into one of the most important markets in the country," says Mandel. "Doral Commons is excellently positioned to take advantage of that explosive growth."