Blanca Commercial Real Estate Tapped to Lease Two Miami-Dade Office Buildings Totaling 263,000 Square Feet

Downtown Miami's Courthouse Tower and 8200 Doral become the newest additions to the firm's 2.5 million RSF leasing portfolio. End Quote

Miami, FL (1888PressRelease) January 10, 2013 - Miami-based commercial real estate brokerage and advisory firm Blanca Commercial Real Estate has been named the exclusive leasing agent for two office buildings in Miami-Dade County: the 101,144 square foot 8200 Doral building and the 161,905 square foot Courthouse Tower. 8200 Doral (formerly Royal Palm Doral Center III) is a four story office building in the heart of Doral, located at 8200 NW 41st Street. Courthouse Tower is a 25-story office building located at 44 West Flagler Street, directly across from the Miami-Dade County Courthouse in downtown Miami. The new assignments grow Blanca Commercial Real Estate's office leasing portfolio to 2.5 million rentable square feet.

Executive Vice President Juan Ruiz will spearhead leasing and marketing for both properties, alongside Executive Vice President Danet Linares at Courthouse Tower.

"We are delighted to expand our agency leasing portfolio with the addition of Courthouse Tower and 8200 Doral," said Tere Blanca, President and CEO of Blanca Commercial Real Estate. "These assignments are located in two of the region's most active submarkets: Miami's thriving urban core and the always desirable City of Doral."

8200 Doral is located in the heart of Doral, just minutes from Miami International Airport and the Miami Intermodal Center, with convenient access to all major expressways. The building offers unobstructed views of the world-class Greg Norman-designed White Course at the Doral Resort & Spa, with highly-visible signage opportunities available. The building was recently awarded LEED Silver certification from the U.S. Green Building Council and has earned the EPA's ENERGY STAR® rating. Tenants benefit from 24-hour building access via a secure access system, an on-site maintenance engineer, and ample parking. Tenants include Cisco Systems, Data Corp, Ciena Corp., and State Farm Insurance. The building is owned by Royal Palm Building, LLC which fully paid off the asset's remaining $16 million loan in 2010.

"8200 Doral offers a quality work environment in one of South Florida's most sought after locations," said Juan Ruiz, Executive Vice President of Blanca Commercial Real Estate. "The building is a viable ideal leasing option for domestic and multinational tenants seeking close proximity to Miami International Airport, easy expressway access, and ample executive and workforce housing."

Courthouse Tower is located in the heart of Miami's Central Business District, offering direct access to several public transit systems, including the Metrorail, Metromover, Metrobus and the Miami Trolley systems. The recently-renovated building is within walking distance to more than 50 restaurant and retail establishments and provides panoramic views of the Downtown Miami skyline. Amenities include a Sabadell United Bank branch of the first floor, ample surrounding parking, and 24-hour on-site security, management and maintenance. The building offers approximately 45,274 square feet of immediate available space. Major tenants include City Year Miami, and law firms Liebler, Gonzalez & Portuondo, P.A. and Adams & Diaco, P.A.

"Courthouse Tower's location in the center of Miami's vibrant Central Business District and directly across the street from the Miami-Dade County Courthouse make it an address of choice for law and professional services firms," said Danet Linares, Executive Vice President of Blanca Commercial Real Estate.

For leasing information at 8200 Doral, please contact Juan Ruiz; and for leasing information at Courthouse Tower, please contact Danet Linares or Juan Ruiz of Blanca Commercial Real Estate at (305) 577-8850.

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