A Chicago-based real estate investment company sells the landmark Douglas Entrance office complex in Coral Gables for $101 million to two institutional investors.
March 19, 2014 at 02:40 PM
1 minute read
A major Coral Gables business complex marketed for its Old World charm and modern amenities has changed hands in a $101 million deal.
The 467,325-square-foot Douglas Entrance complex at 800 Douglas Road sold Tuesday for $100.75 million, or $216 per square foot. Its La Puerta Del Sol building, which houses ballroom and event space, dates back to 1927 and is on the National Register of Historic Places.
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