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Innovatus Capital Partners Buys Miami Office Portfolio

Innovatus Capital Partners has acquired Dolphin Corporate Park, a two-building Class A office portfolio in Doral, Fla. Cushman & Wakefield Capital Markets negotiated the deal on behalf of the seller, Procacci Development Corp. The deal comes days after Cushman & Wakefield facilitated the $510 million refinancing of a historical Manhattan skyscraper. The 164,509-square-foot Dolphin Corporate Park is located at 11410 and 11430 NW 20th St., some 14 miles from downtown Miami. Procacci Development completed the campus in 2008 on a 9.2-acre site. The office park, built to withstand a Category 5 hurricane, features back-up generators and a parking ratio of 4.7 spaces per 1,000 square feet.

Tags:

Cushman & Wakefield,Dominic Montazemi,Greg Miller,Innovatus Capital Partners,Mike Davis,Rick Brugge,Scott O’Donnell

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