Blanca Commercial Real Estate Named Exclusive Leasing Agent for Waterford Centre Office Building in Miami

The 91,000 square foot, class A office building becomes newest addition to firm's leasing portfolio. End Quote

Miami, FL (1888PressRelease) August 17, 2012 - Miami-based brokerage and advisory firm Blanca Commercial Real Estate has been selected as the exclusive leasing agent for Waterford Centre, a 91,000 square foot class A office building at 6205 Blue Lagoon Drive in Miami-Dade County's Miami Airport submarket. The assignment follows Boston-based real estate investment manager New Boston Fund's recent acquisition of Waterford Centre and becomes Blanca Commercial Real Estate's second listing on behalf of the institutional owner - with One Park Square at Doral being the first listing purchased by New Boston in late 2010.

Waterford Centre - located inside the 250-acre Waterford at Blue Lagoon corporate office park - was constructed in 1999 and has since attracted a strong roster of tenants, including Xerox, McAfee, Ricondo and Associates, Travel Traders and OMD USA. The building is currently 76 percent occupied.

Blanca Commercial Real Estate President and CEO Tere Blanca will spearhead leasing and marketing for the property alongside Executive Vice President Danet Linares and Associate Andres del Corral.

"Waterford Centre is an ideal address for major multinational corporate users, as well as locally and regionally-based businesses seeking a central location within striking distance of Miami International Airport and ample executive and workforce housing," said Tere Blanca, President and CEO of Blanca Commercial Real Estate.

Waterford Centre is situated at the intersection of Red Road (57th Avenue) and Blue Lagoon Drive (NW 11th Street), adjacent to Miami International Airport. With convenient access to the 826 and 836 Expressways, Florida's Turnpike, and I-95, the building offers excellent access to and from all areas in the Miami-Dade, Broward, and Palm Beach Counties.

Amenities at Waterford Centre include beautiful water views of Blue Lagoon; elegant granite, marble and wood finishes; a five-per-thousand parking ratio with available covered parking; on-site storage facilities; and energy management and telecommunications facilities. Suites range in size from 1,260 to 9,615 rentable square feet and floor plates vary from 10,800 to 16,529 rentable square feet of flexible space. Nearby amenities include numerous hotels, restaurants, a day care center, and a US post office.

Waterford at Blue Lagoon has emerged as a 'go-to' office park setting for many major corporate users over the past two decades. Several FORTUNE 500 companies call the complex home, including Estée Lauder, FedEx, Hewlett-Packard, IBM, Procter & Gamble, Whirlpool, Canon, Diageo, Swatch Group, Toyota, and Turner Construction.

For leasing information, please contact Tere Blanca, Danet Linares or Andres del Corral of Blanca Commercial Real Estate at (305) 577-8850.

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