IMC Acquires 150K-SF Doral Retail Centers for $74M

Terra completed the sale of Doral Square, a 150,000-square-foot retail development in Miami’s City of Doral. Located on the southeast corner of Doral Boulevard and 87th Avenue, the gateway to Downtown Doral, the property has been sold to IMC Equity Group for $74 million. The transaction was brokered by Mark Gilbert of Cushman & Wakefield.

Completed in 2021, the nearly fully-leased Doral Square includes a roster of anchor tenants such as Marshalls, Ross Dress for Less, and UFC Gym, accompanied by a diverse mix of national, regional, and local tenants including HomeGoods, Pet Supermarket, One Medical, Laser Away, AT&T, Paradise Grills, and European Wax Center, First Watch, Jersey Mike’s, Just Salad, Panda Express, Nacion Sushi, Lima Bakery, Miu’s Tea and El Toro Loco.

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