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Terra’s $72 Million Sale Of Doral Commons Is A Sign Of Strong Market In Doral

In the latest sign of intense demand for stable, well-positioned assets in Doral, Terra’s Doral Commons retail plaza has traded hands to Jamestown, L.P.

The 140,000-square-foot center is 95 percent leased, with a tenant roster anchored by Publix Supermarket alongside TJ Maxx, Citibank, GNC, AT&T Wireless, McDonald’s, and others. According to public record, Miami-based Terra sold the shopping center to Jamestown for $72 million – turning a nice profit off a property that’s 95 percent leased.

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