Lennar Corporate Center

Location: Miami, FL
Type: Office
Price: $28,600,000

SMC has provided a $28,600,000 ten-year fixed rate mortgage for the acquisition of Lennar Corporate Center, a four-building, four-story, 289,986 SF office complex in Miami, FL. The buildings were constructed from 1982-1993 and was developed by Lennar to serve as its corporate headquarters and along with its affiliates Rialto Capital Management, Eagle Home Mortgage and Lennar National Title, currently occupies 67% of the NRSF of the complex. The Property is positioned near numerous restaurants, hotels and other amenities surrounding the Dolphin Mall, the Miami International Mall, with excellent access to the Dolphin Expressway, Florida Turnpike, Palmetto Expressway as well as the Miami International Airport.