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Innovatus Capital Lands Doral’s Dolphin Corporate Park

New York-based Innovatus Capital Partners acquired Dolphin Corporate Park, a 164,509-square-foot office campus in Doral, from affiliates of Boca Raton-based Proccaci Development Corporation for reportedly nearly $30 million.

The two-building, Class A office portfolio is located in Miami’s gateway market. The 94.2%-leased buildings were developed in 2008 on a 9.24-acre site at 11410 and 11430 NW 20th St. Brokers say the property houses the only Class A multi-tenant office buildings in Miami-Dade County built to withstand a Category 5 hurricane and winds up to 185 MPH.

Cushman & Wakefield’s Dominic Montazemi, Mike Davis, Miguel Alcivar, Scott O’Donnell, Michael Ciadella, Greg Miller, Rick Brugge and Rick Colon represented the seller.

Montazemi says, “Dolphin Corporate Park represented an exciting core-plus investment opportunity featuring an unparalleled combination of credit tenancy, best-in-class hurricane protection, fantastic transportation dynamics, a generous parking ratio and numerous nearby amenities set against the backdrop of Doral, one of Florida’s fastest growing cities.”

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About Dennis Kaiser

Dennis Kaiser is Vice President of Content and Public Relations for Connect Commercial Real Estate. Dennis is a communications leader with more than 30 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect’s client content operations and is involved in a range of initiatives ranging from content strategy, message development, copywriting, media relations, social media and content marketing services. In his most recent corporate communications roles, he led a regional public relations effort across Southern California for CBRE, played a key marketing role on JLL’s national retail team, and was responsible for directing the global public relations effort at ValleyCrest, the nation’s largest commercial landscape services company. In addition to his vast commercial real estate experience, Dennis has worked on communications and launch strategies for a number of residential projects such as Disney’s Celebration in Florida, Ritter Ranch in Palmdale California (7,200 homes, 22,000 acres), WaterColor in Florida and PremierGarage in Phoenix. Dennis’s agency background included firms such as Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator. Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements. Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, BoyScouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and Thunderbirds Charities.

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