Just 18 months ago, Coral Gables’ Douglas Entrance was among South Florida’s most prominent distressed properties. Now, the property is financially healthy again.
Douglas Entrance is a five-building class campus that includes a mix of modern high-rise towers, street-level retail, boutique office suites and meeting spaces. Owner Pearlmark Real Estate Partners last week closed on a $102.5 million loan modification for the 458,170-square-foot property at 800 Douglas Road.
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