COFE Properties Acquires Westside Plaza I And III Office Buildings In Doral For $63 Million
8200 Northwest 33rd Street & 8400 Northwest 33rd Street
$63,000,000
$113/SF
Building Size
553,274 SF
Asset Type
Office
Closing
Mar 24, 2026
AI
The sale involved two four-story office buildings located at 8200 and 8400 Northwest 33rd Street in Doral, totaling a square footage of 276,637. The transaction was finalized for a price of $63,000,000, resulting in a price per square foot of $228.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $63,000,000
- Square Footage: 276,637
- Address: 8200 & 8400 Northwest 33rd Street
- Market: Doral
A joint venture consisting of Ascentris, Highline Real Estate Capital LLC, and Square2 Capital was responsible for the sale. The deal represents a notable collaboration among these entities, showcasing their partnership in executing this transaction involving Westside Plaza I and III near Miami International Airport.
Players
Doral Office Market Snapshot
Boundary boundary · Office · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.25%
Cash-on-Cash
-0.07%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93