The Alhambra

Jones Lang LaSalle (“JLL”) is pleased to present an exclusive acquisition opportunity for The Alhambra (the “Asset” or “Property”), a best-in-class Class A office complex comprising 326,451 square feet across two buildings in Coral Gables, Florida – a globally recognized hub of international commerce, plethora of restaurants, and executive housing. The offering showcases Alhambra Plaza, a 14-story tower boasting 232,135 square feet, paired with Alhambra West, a 7-story boutique gem encompassing 94,316 square feet. Currently 87% leased, the Property boasts a curated tenant mix with a 4.4-year Weighted Average Lease Term and 10.6-year Weighted Average Tenant Tenure, signaling both stability and enduring cash flow potential. The Property benefits from the adjoining four-star Hyatt Regency Coral Gables Hotel (not part of this offering) and features a shared 4-story structured parking facility, enhancing its value proposition. The ownership structure is configured as a condominium with three distinct units: Alhambra Plaza, Alhambra West, and the Hyatt Regency. This structure offers potential for flexible investment strategies and value-add opportunities.

Anchored by its unrivaled location, institutional-grade design, and a blue-chip tenant lineup, The Alhambra stands as a rare opportunity to secure a stabilized, core-plus asset with substantial growth prospects in one of South Florida’s most coveted and dynamic submarkets.