Commercial complex in Doral sells for $6M

Property was lost to foreclosure in 2009

 

 

 

 

 

 

 

 

 

 

 

 

 

 

The Doral Professional Center at 7910 Northwest 25th Street

Doral Professional Center — home to a churrascaria and several soccer fields — was just sold for $6 million.

Located at 7910 Northwest 25th Street, the center is a two-story office building with 22,651 square feet of interior space. It was built in 1992 and occupies a three-acre lot, which includes two parking lots and three soccer fields.

Tenants include the Brazaviva Churrascaria, a Brazilian eatery, and Soccer Planet, a rent-a-court service with three soccer fields.

The seller is an LLC named after the building, which is managed by Rene Dahdah. He first purchased the center for $3.1 million in 2009. At the time, it was owned by Executive National Bank, which had taken control of the property after the previous owner lost a foreclosure judgment.

Dahdah made headlines in July when he shuttered the landmark lounge Fox’s Sherron Inn, located in South Miami. An article from CBS Miami said he planned to raze the lounge in favor of a new development, possibly a hotel or mixed-use residential project.

The buyer is Campanarello Properties, headquartered in Doral. The company is headed by Rafael Ciarco-Walo. The company also owns a 1.25-acre plot of vacant land on Northwest 58th Street in Doral, which it paid $585,000 for in 2011.

Original content from The Real Deal