Tuesday , 22 July 2014
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Office leasing broker named for the Building on Ponce Circle

Office leasing broker named for the Building on Ponce Circle

Office leasing broker named for the Building on Ponce Circle

The Building on Ponce Circle

Miami-based commercial real estate brokerage and advisory firm Blanca Commercial Real Estate has been named the exclusive leasing agent for The Building on Ponce Circle, a 58,000-square-foot, Class A office building at 2990 Ponce de Leon Blvd. in the Coral Gables business district.

The unique six-story office property stands out for its modern architectural design as well as its private boutiquestyle setting in one of Miami’s most desirable urban locations.

Blanca Commercial Real Estate president and CEO Tere Blanca and executive vice president Alison Pages will lead the marketing and leasing for the property.

“The Building on Ponce Circle boasts a premium location and high visibility along Ponce de Leon Boulevard, one of Miami’s most prestigious business addresses,” Blanca said. “Minutes away from many of Miami’s top residential neighborhoods, countless shops, restaurants and hotels, the property is an ideal location for companies seeking a uniquely collaborative and creative environment in Class Aoffice space in Miami.”

The building was developed in 2012 by South Florida-based development firm AJP Ventures on behalf of a joint venture between venture capital fund Mas Group of Companies and TAZ Partners LLC, a real estate investment fund created by the Zubizarreta family.

The building’s current occupancy rate stands at 62 percent, with a tenant roster that includes some of Miami’s most prominent companies, including anchor tenant Zubi Advertising, one of the nation’s largest and most respected advertising agencies; Mas Group of Companies; FirstBank Florida, and LBI Media, the largest privately held Spanishlanguage broadcaster in the United States.

The modern-style property recently was named “2012 Project of the Year” by the National Association of Industrial and Office Properties (NAIOP) South Florida Chapter and was awarded the “City Beautiful Award” by the Coral Gables Chamber of Commerce in recognition of its commitment to aesthetic beauty and architectural achievements.

“The building’s contemporary and visually stunning architectural design, premium finishes, well-capitalized ownership, and convenient location at the center of one of Miami’s most elite business districts all set the project apart,” Pages said.

Among the key factors driving tenant activity are the building’s easily accessible location on Ponce de Leon Boulevard at Ponce Circle and Catalonia Avenue away from the traffic congestion along Miracle Mile and its close proximity to dozens of high-end retail shops, restaurants and hotels within walking distance.

Displayed on the building’s exterior southwest wall is the Flight to Freedom sculpture created by Miami artist John Angée — the first piece of artwork installed through Coral Gables’Art in Public Places program.

The Building on Ponce Circle features a state-of-the-art impact glass curtain wall system with floor-to-ceiling windows; an on-site bank and “drive-thru” teller; ample covered parking; and a rooftop terrace with spectacular panoramic views.

The building offers flexible floor plates measuring 7,720 square feet in size and can accommodate full-floor tenants or smaller private suites. Approximately 20,000 square feet of contiguous space is available on floors 2 through 4. Additionally, with a commitment to the environment and overall sustainability, the Building on Ponce Circle was designed and built to achieve LEED certification awarded by the U.S. Green Building Council.

To learn more, visit www.thebuildingonponce.com. For leasing information, contact Tere Blanca or Alison Pages of Blanca Commercial Real Estate at 305-577-8850.