Univision Drops Price on Former HQ Building

Univision Communications, a media company serving Hispanic America, is selling its previously occupied building at 1900 Northwest 89th Place in Doral, FL.

MIAMI—Univision Communications, a media company serving Hispanic America, is selling its previously occupied building at 1900 Northwest 89^th Place in Doral, FL. The deal includes a two-story, 79,271-square-foot office building situated on a 1.73-acre lot and a 1.84-acre site with a surface parking lot across the street. Univision leased 40,000 square feet at 9250 Doral in Oct. 2015.

Avison Young principal John K. Crotty, along with principal and managing director of the firm’s Miami operations Michael T. Fay will spearhead the marketing and sale of the office building. The strategic position in Doral is a key selling point.”Doral has become a booming metropolis and one of Miami-Dade’s most densely populated neighborhoods for local, national and international business,” Crotty tells GlobeSt.com. “This is attributed in part to the area’s tremendous ease of access to all major highways, including the Palmetto Expressway and the Dolphin Expressway, and proximity to the Miami International Airport. As such, we anticipate the savvy large owner/user or value-add investor will seek to take advantage of this aggressively priced opportunity.”