The Easton Group shelled out $17.15 million for office buildings in Doral and the Blue Lagoon area of Miami.

Southampton, N.V., a Netherlands Antilles corporation based in Coral Gables managed by Luis Iregui, was the seller.

The larger property in the deal is Meridian Executive Center at 815 N.W. 57th Ave. in Blue Lagoon. The building totals 143,555 square feet with 88,075 leasable square feet. It was developed on the 2.8-acre site in 1985. The property last traded for $9.35 million in 2003.

The 119,433-square-foot Doral Park is located at 3401 N.W. 82nd Ave. It has 65,000 of leasable space plus a parking garage. It was developed in 1987. Doral Park was previously sold for $7.2 million in 1998.


Source:  SFBJ